IPOReady

Free tool

The IPO cost calculator

Pick your exchange, path, and raise size — get an itemized estimate of what going public will actually cost, from the same data as our full cost guide.

Securities counsel
$150,000 – $300,000
Audit (2–3 years, IFRS)
$75,000 – $175,000
Exchange & regulatory filing fees
$10,000 – $70,000
Transfer agent, printing & misc
$30,000 – $80,000
Sponsorship (if required)
Waived with a qualifying brokered financing
$50,000 – $100,000
Underwriting commission (6–8% of raise)
Venture deals often add ~10% broker warrants (non-cash dilution)
$300,000 – $400,000
Estimated total$615,000 – $1,125,000
  • Ranges reflect 2026 Canadian market practice; budget a 25–40% contingency — nearly every issuer underestimates audit and legal.

This is the estimate. IPOReady builds the actual plan.

Task-by-task budget, mandatory documents, and timeline for your exact exchange and path — tracked to listing day.

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Frequently asked questions

How accurate are these estimates?

Ranges reflect 2026 Canadian market practice for well-prepared issuers, consistent with our full cost guide. Actual fees depend on company complexity, audit readiness, and deal structure — budget a 25–40% contingency.

What costs does the calculator exclude?

Ongoing public-company costs (audit, legal, D&O insurance, IR — typically $250K–$500K per year for a venture issuer), broker warrants, and the equity retained by CPC founders or shell vendors in RTO structures.

Why does the underwriting commission dominate IPO costs?

Marketed offerings pay 5–8% of gross proceeds to the underwriting syndicate. On a $25M raise that is $1.25M–$2M — more than every professional fee combined.