SEMICO Semico Capital
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.45
- Day 1 close
- RM 0.375
- Current price
- RM 0.625
- Day 1 open %
- +80.0%
- Day 1 close %
- +50.0%
- Since listing
- +150.0%
- Oversubscription
- 28.09x
- Market cap
- RM 90.0 M
- Offer size
- 110.67 M
- Enlarged shares
- 360 M
- Float
- 30.74%
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) | 18 M | 16.3% |
| Private placement | 77.674 M | 70.2% |
| New shares issued | 92.67 M | 83.7% |
| Offer for sale | 18 M | 16.3% |
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
We are a supplier of family entertainment products and services, as well as a wholesaler and distributor of toys and collectables in Malaysia.
Source: company prospectus, PDF page 129.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Arcade and amusement machine distribution business expansion | 8,500 | 36.7% |
| Replacement of existing arcade and amusement machines | 2,050 | 8.8% |
| Purchase of toys and collectables | 2,500 | 10.8% |
| Repayment of bank borrowings | 1,600 | 6.9% |
| Working capital | 4,018 | 17.3% |
| Estimated listing expenses | 4,500 | 19.4% |
Source: company prospectus, PDF page 50.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FY2022 | 5,253 | 1,175 | 22.37% | 0.33 |
| FY2023 | 15,303 | 3,602 | 23.54% | 1.00 |
| FY2024 | 22,098 | 4,760 | 21.54% | 1.32 |
| FY2025 | 29,688 | 6,033 | 20.32% | 1.68 |
Latest-FY revenue growth: +34.35%. PE at the IPO price: 14.88. Source: company prospectus (verified excerpts), PDF page 38.
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 +50.0% sits at P77 of its board · This IPO's since-listing of +150.0% sits at P88 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| 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 |
| COSMOS [NS] | 06 Oct 2022 | RM 0.35 | +60.0% | -17.1% | RM 89.8 M |
| SRKKAI | 09 Jul 2026 | RM 0.32 | +90.6% | +37.5% | RM 90.9 M |
| ASM | 02 Jul 2025 | RM 0.17 | -2.9% | -17.6% | RM 90.9 M |
| EFRAME | 27 Oct 2020 | RM 0.28 | +32.1% | +57.8% | RM 91.0 M |
| LIFTECH | 30 Jun 2026 | RM 0.29 | -17.2% | -39.7% | RM 91.3 M |
| BUSCAP | 03 Jun 2026 | RM 0.23 | +37.0% | +369.6% | RM 88.2 M |
Audit
No audit published for this IPO.