LIFTECH Liftech Group Berhad
Key figures
- IPO price
- RM 0.29
- Day 1 open
- RM 0.275
- Day 1 close
- RM 0.24
- Current price
- RM 0.175
- Day 1 open %
- -5.2%
- Day 1 close %
- -17.2%
- Since listing
- -39.7%
- Oversubscription
- 18.92x
- Market cap
- RM 91.3 M
- Float
- 30.17%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % |
|---|---|---|
| No. of Shares to be issued under Public Issue | 79.234 M | 25.2% |
| For application by the Malaysian Public | 15.8 M | 5% |
| For Pink Form Allocations | 7.236 M | 2.3% |
| For private placement to Bumiputera investors approved by MITI | 39.368 M | 12.5% |
| For private placement to selected investors | 16.83 M | 5.4% |
| For private placement to selected investors | 15.8 M | 5% |
Source: company prospectus, PDF page 26.
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
We are an industrial lifting and handling equipment specialist, principally involved in the provision of customised industrial lifting and handling equipment, under our ‘Liftech’ brand. Our comprehensive capabilities span the entire lifecycle of the industrial lifting and handling equipment, from design, manufacturing, installation, commissioning, as well as maintenance, repair and other related services.
Source: company prospectus, PDF page 6.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Repayment of bank borrowings | 13,750 | 59.8% |
| Purchase of machinery and equipment | 1,720 | 7.5% |
| Capital expenditure | 1,010 | 4.4% |
| Working capital | 1,998 | 8.7% |
| Estimated listing expenses | 4,500 | 19.6% |
Source: company prospectus, PDF page 33.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FYE 31 Disember 2025 (audited) | 57,858 | 6,863 | 11.86% |
Source: company prospectus, checked by the AQSB audit system (FYE 31 Disember 2025 (audited)).
Board context: ACE
Across 217 ACE IPOs in the database: median day-1 close +13.5% (P25 +0.0%, P75 +45.7%), median since-listing -8.0%. 71.0% closed day 1 above their IPO price.
This IPO's day-1 close of -17.2% sits at P6 of its board · This IPO's since-listing of -39.7% sits at P18 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| EFRAME | 27 Oct 2020 | RM 0.28 | +32.1% | +57.8% | RM 91.0 M |
| ASM | 02 Jul 2025 | RM 0.17 | -2.9% | -17.6% | RM 90.9 M |
| SRKKAI | 09 Jul 2026 | RM 0.32 | +90.6% | +37.5% | RM 90.9 M |
| MOBILIA | 23 Feb 2021 | RM 0.23 | +141.3% | -26.9% | RM 92.0 M |
| INSPACE | 08 May 2026 | RM 0.25 | +2.0% | -14.0% | RM 92.3 M |
| HSSBAKERY | 23 Jun 2026 | RM 0.18 | +0.0% | -27.8% | RM 90.0 M |
| MINOX | 17 Oct 2023 | RM 0.25 | +48.0% | -28.6% | RM 90.0 M |
| SEMICO | 13 Jan 2026 | RM 0.25 | +50.0% | +150.0% | RM 90.0 M |
Audit
No audit published for this IPO.