SALIRAN [NS]
ACE
MITI
Key figures
- IPO price
- RM 0.27
- Day 1 open
- RM 0.275
- Day 1 close
- RM 0.21
- Current price
- RM 0.23
- Day 1 open %
- +1.8%
- Day 1 close %
- -22.2%
- Since listing
- -14.8%
- Oversubscription
- 76.03x
- Market cap
- RM 103.4 M
- Offer size
- 118.69 M
- Enlarged shares
- 382.9 M
- Float
- 31%
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) | 19.14 M | 16.1% |
| Bumiputera / MITI | 47.86 M | 40.3% |
| Private placement | 44.025 M | 37.1% |
| New shares issued | 80.4 M | 67.7% |
| Offer for sale | 38.29 M | 32.3% |
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 -22.2% sits at P2 of its board · This IPO's since-listing of -14.8% sits at P40 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| GBBOND | 01 Oct 2026 | RM 0.25 | -18.0% | -16.0% | RM 103.1 M |
| PEOPLE | 20 May 2025 | RM 0.25 | +6.0% | -14.0% | RM 102.9 M |
| SPRING | 08 Nov 2019 | RM 0.25 | +0.0% | -44.4% | RM 103.9 M |
| UNIQUE | 05 Aug 2022 | RM 0.26 | -13.5% | +85.1% | RM 104.0 M |
| YXPM | 23 Jun 2022 | RM 0.28 | -3.6% | -23.2% | RM 104.2 M |
| RESTNGO | 07 Jul 2026 | RM 0.13 | +0.0% | -23.1% | RM 102.4 M |
| TOPVISN | 16 Dec 2024 | RM 0.33 | +3.0% | -42.4% | RM 102.2 M |
| EIB [NS] | 18 Jul 2022 | RM 0.30 | -13.3% | -51.7% | RM 102.0 M |
Audit
No audit published for this IPO.