EIPOWER EI Power
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.48
- Day 1 open
- RM 0.61
- Day 1 close
- RM 0.55
- Current price
- RM 0.70
- Day 1 open %
- +27.1%
- Day 1 close %
- +14.6%
- Since listing
- +45.8%
- Oversubscription
- 30.77x
- Market cap
- RM 336.0 M
- Offer size
- 199.5 M
- Enlarged shares
- 700 M
- Float
- 28.5%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 35 M | 17.5% |
| Bumiputera / MITI | 87.5 M | 43.9% |
| Private placement | 59.5 M | 29.8% |
| New shares issued | 129.5 M | 64.9% |
| Offer for sale | 70 M | 35.1% |
Board context — ACE
Across 204 ACE IPOs in the database: median day-1 close +14.7% (P25 +0.0%, P75 +48.0%), median since-listing -4.3%. 74.0% closed day 1 above their IPO price.
This IPO's day-1 close of +14.6% sits at P50 of its board · This IPO's since-listing of +45.8% sits at P71 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| BMS | 08 Dec 2025 | RM 0.22 | -20.4% | -9.1% | RM 338.8 M |
| LEFORM | 30 Nov 2022 | RM 0.23 | -19.6% | -26.1% | RM 340.6 M |
| ISF | 28 Jan 2026 | RM 0.33 | +45.5% | +72.7% | RM 330.0 M |
| SUMI | 09 Apr 2025 | RM 0.24 | -25.0% | -62.5% | RM 346.5 M |
| SORENTO | 28 Oct 2024 | RM 0.37 | +1.4% | +12.2% | RM 318.2 M |
| VLB | 31 Jan 2023 | RM 0.33 | +18.2% | +36.4% | RM 311.6 M |
| NE | 15 Oct 2024 | RM 0.50 | +1.0% | +50.0% | RM 370.0 M |
| PMW | 18 Nov 2025 | RM 0.34 | +1.5% | -10.3% | RM 303.3 M |
Audit
No audit published for this IPO.