Sydney-based Home Consortium (HomeCo), a retail centres owner and investor, is seeking to secure about A$300 million ($206 million) in a listing.

Expected to list on the Australian stock exchange (ASX), HomeCo will issue 89.6 million shares at $2.3 a share.

The proposed listing, that could hit the ASX boards on October 14, will give the startup a market capitalisation of $437 million.

Additionally, Home Consortium has tapped Credit Suisse, Goldman Sachs, and JPMorgan to lead the initial public offering.