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NOVA

ACE Shariah

Listed 20 Jul 2018 · Adviser: Kenanga Investment Bank Berhad

Key figures

IPO price
RM 0.55
Day 1 open
RM 0.65
Day 1 close
RM 0.76
Current price
RM 0.37
Day 1 open %
+18.2%
Day 1 close %
+38.2%
Since listing
-32.1%
Oversubscription
2.84x
Offer size
0 M
Float
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 +38.2% sits at P70 of its board · This IPO's since-listing of -32.1% sits at P23 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
SRKKAI 09 Jul 2026 RM 0.32 +90.6% +87.5%
RESTNGO 07 Jul 2026 RM 0.13 +0.0% +11.5%
LIFTECH 30 Jun 2026 RM 0.29 -17.2% -13.8%
HSSBAKERY 23 Jun 2026 RM 0.18 +0.0% -13.9%
SUM 18 Jun 2026 RM 0.28 +87.5% +98.2%
ELSA 16 Jun 2026 RM 0.23 +19.6% +8.7%
PENTECH 15 Jun 2026 RM 0.20 +30.0% +52.5%
MMCS 11 Jun 2026 RM 0.22 +2.3% +38.6%

Audit

No audit published for this IPO.