TELADAN
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.48
- Day 1 open
- RM 0.60
- Day 1 close
- RM 0.57
- Current price
- RM 0.845
- Day 1 open %
- +25.0%
- Day 1 close %
- +18.8%
- Since listing
- +85.7%
- Oversubscription
- 17.47x
- Market cap
- RM 386.5 M
- Offer size
- 201.86 M
- Enlarged shares
- 805.3 M
- Float
- 25.07%
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) | 40.27 M | 19.9% |
| Bumiputera / MITI | 80.53 M | 39.9% |
| Private placement | 70.596 M | 35.0% |
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 +18.8% sits at P55 of its board · This IPO's since-listing of +85.7% sits at P81 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| BFIELD | 15 Sep 2026 | RM 0.48 | -4.2% | -11.5% | RM 384.0 M |
| MTEC | 29 Jan 2024 | RM 0.39 | -7.7% | +169.2% | RM 397.8 M |
| 5ER | 15 Apr 2026 | RM 0.26 | +3.9% | -3.9% | RM 400.4 M |
| OPPSTAR | 15 Mar 2023 | RM 0.63 | +285.7% | -42.1% | RM 400.8 M |
| SNS | 02 Sep 2022 | RM 0.25 | +6.0% | +102.0% | RM 403.2 M |
| NE | 15 Oct 2024 | RM 0.50 | +1.0% | +50.0% | RM 370.0 M |
| SUMI | 09 Apr 2025 | RM 0.24 | -25.0% | -62.5% | RM 346.5 M |
| LEFORM | 30 Nov 2022 | RM 0.23 | -19.6% | -26.1% | RM 340.6 M |
Audit
No audit published for this IPO.