Adelaide-based SeaLink Travel Group is seeking to list on the Australian Securities Exchange.
The company, which operates the Kangaroo Island ferry, has hired Taylor Collison to advise it on the potential listing.
It also runs ferries in Queensland to Magnetic Island and Palm Island, and operates Captain Cook Cruises tourist ferries around Sydney Harbour.
The IPO is seeking $15 million from investors.
The offer says SeaLink expects to carry more than two million passengers on its 19 vessels in 2013 generating an estimated net profit after tax of between $6.8m and $7.2m for the year ended June 30.
The company says it has experienced strong revenue growth from the group’s Queensland operation and its Sydney operation.
Kangaroo Island SeaLink was established in 1989 when it purchased the ferry operations of then-Malaysian owned Philanderer Ferries that connected the South Australian mainland to Kangaroo Island.
The business has since expanded into the SeaLink Travel Group and built a significant tourism operation as a coach tour operator, travel wholesaler and retail travel business.
