ORGABIO
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.31
- Day 1 open
- RM 0.36
- Day 1 close
- RM 0.34
- Current price
- RM 0.31
- Day 1 open %
- +16.1%
- Day 1 close %
- +9.7%
- Since listing
- +0.0%
- Oversubscription
- 50.86x
- Market cap
- RM 76.8 M
- Offer size
- 96.67 M
- Enlarged shares
- 247.87 M
- Float
- 39%
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) | 12.39 M | 12.8% |
| Bumiputera / MITI | 30.98 M | 32.0% |
| Private placement | 47.094 M | 48.7% |
| New shares issued | 96.67 M | 100.0% |
| Offer for sale | 0 M | 0.0% |
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 +9.7% sits at P45 of its board · This IPO's since-listing of +0.0% sits at P55 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| GLXT | 15 Aug 2023 | RM 0.19 | +34.2% | +15.8% | RM 77.3 M |
| OGM | 27 Jan 2026 | RM 0.25 | -20.0% | -42.0% | RM 77.5 M |
| GOLDLI | 18 May 2026 | RM 0.13 | -19.2% | -34.6% | RM 78.0 M |
| ENEST | 15 Jul 2026 | RM 0.13 | -19.2% | -34.6% | RM 75.6 M |
| ECKEM | 03 Jul 2026 | RM 0.12 | +0.0% | -25.0% | RM 75.0 M |
| HAWK | 05 Sep 2024 | RM 0.15 | +130.0% | +93.3% | RM 73.5 M |
| KHB [NS] | 08 Oct 2024 | RM 0.20 | +7.5% | -45.0% | RM 80.5 M |
| OPTIMAX | 18 Aug 2020 | RM 0.30 | +126.7% | +280.0% | RM 81.0 M |
Audit
No audit published for this IPO.