Australia's booming beef market has convinced cattleman Charlie Mort to try to list his expanding cattle stations and feedlot business on the Australian Securities Exchange, with a value of $175 million.

His company Mort & Co is Australia's largest independent beef feedlot company by turnoff, sourcing, feeding and selling 180,000 head of cattle every year, with expansion plans to handle 225,000 cattle.

A pre-initial public offering capital raising of $20 million is being conducted by investment bank Moelis & Company.

Charlie Mort, chief executive of Mort & Co, says the listing is something he has been looking at for a while. Glenn Hunt

"It has been something we have been looking at for a while," Mr Mort told The Australian Financial Review. "Supply is tight but all our feedlots are full, if that says something. I think the beef markets are strong. I think beef-producing properties will also remain strong."

The business comprises three large rural properties. They are: Grassdale, at Dalby in southern Queensland, covering 5620 hectares with a licensed feedlot capacity of 54,000 head of cattle; Pinegrove, at Millmerran, also in southern Queensland, covering 2200 hectares with a licensed feedlot capacity of 25,000 head of cattle; and Gunnee, at Delungra, in NSW, covering 1607 hectares and with a licensed feedlot capacity of 10,000 head.