PENTECH Pentech Holdings Berhad
Key figures
- IPO price
- RM 0.20
- Day 1 open
- RM 0.29
- Day 1 close
- RM 0.26
- Current price
- RM 0.34
- Day 1 open %
- +45.0%
- Day 1 close %
- +30.0%
- Since listing
- +70.0%
- Oversubscription
- 120.98x
- Market cap
- RM 124.0 M
- Float
- 27.74%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % |
|---|---|---|
| Malaysian Public | 31 M | 5% |
| Eligible Persons | 31 M | 5% |
| Private placement to selected investors | 32.495 M | 5.24% |
| Private placement to selected Bumiputera Investors approved by the MITI | 77.5 M | 12.5% |
Source: company prospectus, PDF page 44, 46.
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
Our business is in providing enterprise ICT solutions, which include integrating enterprise ICT infrastructure, supplying hardware and software, and providing cloud, managed, and other services.
Source: company prospectus, PDF page 2.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Establishment of a new SOC | 9,400 | 27.3% |
| Upgrade of our OCC infrastructure | 8,100 | 23.6% |
| Business expansion to provide additional ICT services | 6,740 | 19.6% |
| Marketing expenses and promotional activities | 3,500 | 10.2% |
| Working capital requirements | 2,159 | 6.3% |
| Estimated listing expenses | 4,500 | 13.1% |
Source: company prospectus, PDF page 58.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FY2022 | 194,246 | 6,819 | 3.51% | 1.10 |
| FY2023 | 170,082 | 7,823 | 4.60% | 1.26 |
| FY2024 | 188,936 | 9,963 | 5.27% | 1.61 |
| FY2025 | 232,888 | 10,590 | 4.55% | 1.71 |
Latest-FY revenue growth: +23.26%. PE at the IPO price: 11.70. Source: company prospectus (verified excerpts), PDF page 89.
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 +30.0% sits at P64 of its board · This IPO's since-listing of +70.0% sits at P79 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| ELSA | 16 Jun 2026 | RM 0.23 | +19.6% | -8.7% | RM 123.8 M |
| KEEMING | 12 Feb 2026 | RM 0.38 | +129.0% | +563.2% | RM 123.5 M |
| MMCS | 11 Jun 2026 | RM 0.22 | +2.3% | +54.5% | RM 124.7 M |
| HEGROUP | 30 Jan 2024 | RM 0.28 | +16.1% | +10.7% | RM 123.2 M |
| SBS | 20 Jan 2026 | RM 0.25 | -4.0% | -54.0% | RM 122.5 M |
| TOPMIX | 23 Apr 2024 | RM 0.31 | +35.5% | +48.4% | RM 122.1 M |
| SUM | 18 Jun 2026 | RM 0.28 | +87.5% | +171.4% | RM 126.0 M |
| MSB | 15 Apr 2025 | RM 0.20 | -15.0% | -57.5% | RM 122.0 M |
Audit
No audit published for this IPO.