ENPRO
ACE
Shariah
Key figures
- IPO price
- RM 0.24
- Day 1 open
- RM 0.26
- Day 1 close
- RM 0.265
- Current price
- RM 0.22
- Day 1 open %
- +8.3%
- Day 1 close %
- +10.4%
- Since listing
- -8.3%
- Oversubscription
- 0.43x
- Market cap
- RM 252.0 M
- Offer size
- 315 M
- Enlarged shares
- 1050 M
- Float
- 30%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 52.5 M | 16.7% |
| Private placement | 244.184 M | 77.5% |
| New shares issued | 210 M | 66.7% |
| Offer for sale | 105 M | 33.3% |
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 +10.4% sits at P44 of its board · This IPO's since-listing of -8.3% sits at P46 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| VERDANT | 22 Oct 2025 | RM 0.31 | +19.4% | -16.1% | RM 253.5 M |
| NORTHERN [NS] | 06 Feb 2025 | RM 0.63 | +25.4% | -4.8% | RM 249.2 M |
| DCHCARE | 17 Jul 2023 | RM 0.25 | +80.0% | -52.0% | RM 249.1 M |
| PMIBHD | 26 Jun 2025 | RM 0.27 | -14.8% | -22.2% | RM 247.3 M |
| METRO | 15 Nov 2024 | RM 0.25 | +2.0% | -10.0% | RM 244.7 M |
| OGX | 12 Mar 2026 | RM 0.35 | -1.4% | +40.0% | RM 262.5 M |
| CARLORINO | 18 Dec 2024 | RM 0.27 | -14.8% | -48.1% | RM 263.9 M |
| DSS | 06 Jan 2023 | RM 0.55 | +12.7% | -54.5% | RM 264.0 M |
Audit
No audit published for this IPO.