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INSPACE Inspace Creation

ACE Shariah

Listed 08 May 2026 · Adviser: TA Securities Holdings Berhad

Key figures

IPO price
RM 0.25
Day 1 open
RM 0.265
Day 1 close
RM 0.255
Current price
RM 0.23
Day 1 open %
+6.0%
Day 1 close %
+2.0%
Since listing
-8.0%
Oversubscription
70.30x
Market cap
RM 92.3 M
Offer size
97.8 M
Enlarged shares
369.3 M
Float
26.48%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)18.47 M18.9%
Private placement70.834 M72.4%
New shares issued68.5 M70.0%
Offer for sale29.3 M30.0%

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 +2.0% sits at P30 of its board · This IPO's since-listing of -8.0% sits at P47 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
MOBILIA 23 Feb 2021 RM 0.23 +141.3% -26.9% RM 92.0 M
CEKD 29 Sep 2021 RM 0.48 +13.5% -35.4% RM 93.4 M
EFRAME 27 Oct 2020 RM 0.28 +32.1% +57.8% RM 91.0 M
ASM 02 Jul 2025 RM 0.17 -2.9% -17.6% RM 90.9 M
OBHB 29 Oct 2024 RM 0.24 +4.2% -37.5% RM 94.0 M
MINOX 17 Oct 2023 RM 0.25 +48.0% -28.6% RM 90.0 M
SEMICO 13 Jan 2026 RM 0.25 +50.0% +126.0% RM 90.0 M
COSMOS [NS] 06 Oct 2022 RM 0.35 +60.0% -17.1% RM 89.8 M

Audit

No audit published for this IPO.