ZANTAT
ACE
Shariah
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.40
- Day 1 close
- RM 0.375
- Current price
- RM 0.225
- Day 1 open %
- +60.0%
- Day 1 close %
- +50.0%
- Since listing
- -10.0%
- Oversubscription
- 130.15x
- Market cap
- RM 70.0 M
- Offer size
- 72.8 M
- Enlarged shares
- 280 M
- Float
- 26%
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) | 14 M | 19.2% |
| Private placement | 47.6 M | 65.4% |
| New shares issued | 56 M | 76.9% |
| Offer for sale | 16.8 M | 23.1% |
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 -10.0% sits at P48 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| VANZO | 17 Dec 2024 | RM 0.15 | +10.0% | -6.7% | RM 70.0 M |
| CAMAROE [NS] | 02 Oct 2025 | RM 0.14 | +7.1% | -14.3% | RM 69.3 M |
| SCB | 13 Aug 2024 | RM 0.27 | +33.3% | -50.0% | RM 71.8 M |
| HAWK | 05 Sep 2024 | RM 0.15 | +130.0% | +93.3% | RM 73.5 M |
| ECKEM | 03 Jul 2026 | RM 0.12 | +0.0% | -25.0% | RM 75.0 M |
| ENEST | 15 Jul 2026 | RM 0.13 | -19.2% | -34.6% | RM 75.6 M |
| ORGABIO | 05 Jul 2022 | RM 0.31 | +9.7% | +0.0% | RM 76.8 M |
| GLXT | 15 Aug 2023 | RM 0.19 | +34.2% | +15.8% | RM 77.3 M |
Audit
No audit published for this IPO.