The company behind the largest public listing of the year has made a strong market debut.
Share registry operator and funds administrator Link Group added 11 per cent to its market value in its first day of trade, taking its value past $2.5 billion.
Its shares rose as much as 11.5 per cent after the noon (AEDT) listing, and closed at $7.07, up 70 cents.
Link's initial public offer is the largest of 2015, raising $946.5 million through a combination of new shares issued by the company and sale of shares by existing owners.
Managing director John McMurtrie said the company has solid growth prospects for the next three to five years, as it expands its services in Australia's superannuation funds market.
"We expect growth in all our businesses, but particularly in the Australian super funds market; government super funds may look to outsource," he told AAP.
Link is the largest superannuation funds administrator in Australia, collecting fees for managing nearly nine million super fund member accounts.
The company doubled revenues from this business through its purchase in 2014 of administration company SuperPartners, giving it access to the biggest funds in the nations $450 billion superannuation industry, including AustralianSuper.
Link, which started out as a joint venture between ASX Ltd and Perpetual, also runs a share registry business that has expanded to five other countries.
The company plans to expand its operating margins in the next few years by increasing revenue and achieving efficiency gains, Mr McMurtrie said.
Link, which gets only seven per cent of its revenue outside Australia and New Zealand, is also looking to expand presence in offshore markets, both through acquisitions and organic growth, he said.
It has forecast revenue to reach $750 million in fiscal 2016, up from $588 million in the previous year. Earnings before interest, tax, depreciation and amortisation is expected to hit $105 million from $84.5 million in 2014/15.
Private equity firm Pacific Equity Partners holds around 30 per cent of the company's stock, and Mr McMurtrie a 3.4 per cent stake.
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