OGM One Gasmaster Holdings
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.235
- Day 1 close
- RM 0.20
- Current price
- RM 0.135
- Day 1 open %
- -6.0%
- Day 1 close %
- -20.0%
- Since listing
- -46.0%
- Oversubscription
- 25.24x
- Market cap
- RM 77.5 M
- Offer size
- 93 M
- Enlarged shares
- 310 M
- Float
- 30%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 15.5 M | 16.7% |
| Bumiputera / MITI | 38.75 M | 41.7% |
| Private placement | 35.65 M | 38.3% |
| New shares issued | 77.5 M | 83.3% |
| Offer for sale | 15.5 M | 16.7% |
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 -20.0% sits at P2 of its board · This IPO's since-listing of -46.0% sits at P14 of its 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 |
| GOLDLI | 18 May 2026 | RM 0.13 | -19.2% | -15.4% | RM 78.0 M |
| ORGABIO | 05 Jul 2022 | RM 0.31 | +9.7% | +0.0% | RM 76.8 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 |
| MBN [NS] | 25 Jul 2023 | RM 0.21 | +28.6% | -54.8% | RM 81.1 M |
| HAWK | 05 Sep 2024 | RM 0.15 | +130.0% | +93.3% | RM 73.5 M |
| TCS | 23 Jul 2020 | RM 0.23 | +95.7% | -33.3% | RM 82.8 M |
Audit
No audit published for this IPO.