OHM
Key figures
- IPO price
- RM 0.28
- Day 1 open
- RM 0.285
- Day 1 close
- RM 0.285
- Current price
- RM 0.325
- Day 1 open %
- +1.8%
- Day 1 close %
- +1.8%
- Since listing
- +16.1%
- Oversubscription
- 1.55x
- Market cap
- RM 140.0 M
- Offer size
- 150 M
- Enlarged shares
- 500 M
- Float
- 30%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 25 M | 16.7% |
| Bumiputera / MITI | 62.5 M | 41.7% |
| Private placement | 52.5 M | 35.0% |
| New shares issued | 100 M | 66.7% |
| Offer for sale | 50 M | 33.3% |
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
We are principally involved in the marketing and selling of consumer lifestyle products, with live commerce and our mobile application and website as our main sales channels since FYE 2023.
Source: company prospectus, PDF page 1.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Purchase of inventories( | 2,800 | |
| Estimated listing expenses | 4,400 |
Source: company prospectus, PDF page 48, 52.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FPE2025 | 33,426 | 5,193 | 15.54% | |
| FYE2022 | 40,884 | 5,337 | 13.05% | |
| FYE2023 | 39,966 | 4,728 | 11.83% | |
| FYE2024 | 54,821 | 8,026 | 14.64% |
Latest-FY revenue growth: +37.17%. Source: company prospectus (verified excerpts), PDF page 36.
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 +1.8% sits at P32 of its board · This IPO's since-listing of +16.1% sits at P61 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| GOHUB | 03 Jul 2024 | RM 0.35 | +171.4% | +44.3% | RM 140.0 M |
| POLYMER | 25 Nov 2025 | RM 0.25 | +0.0% | -26.0% | RM 140.0 M |
| HPPHB | 20 Jan 2021 | RM 0.36 | +97.2% | -5.6% | RM 139.8 M |
| WESTRVR | 05 May 2025 | RM 0.39 | -5.1% | -47.4% | RM 139.5 M |
| FIBRO | 08 May 2025 | RM 0.55 | -10.0% | +18.2% | RM 136.6 M |
| DAY3 | 26 Jul 2023 | RM 0.30 | +108.3% | -43.3% | RM 144.0 M |
| SUNVIEW | 17 Oct 2022 | RM 0.29 | +58.6% | +31.0% | RM 135.7 M |
| WEGMANS | 06 Mar 2018 | RM 0.29 | +1.7% | -59.6% | RM 145.0 M |
Audit
No audit published for this IPO.