RTECH
ACE
Shariah
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.75
- Day 1 close
- RM 0.32
- Current price
- RM 0.21
- Day 1 open %
- +200.0%
- Day 1 close %
- +28.0%
- Since listing
- -16.0%
- Oversubscription
- 245.42x
- Market cap
- RM 50.6 M
- Offer size
- 79.97 M
- Enlarged shares
- 202.45 M
- Float
- 39.5%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 10.12 M | 12.7% |
| Private placement | 68.297 M | 85.4% |
| New shares issued | 54.66 M | 68.4% |
| Offer for sale | 25.31 M | 31.6% |
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 +28.0% sits at P60 of its board · This IPO's since-listing of -16.0% sits at P35 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| FLEXI | 30 Mar 2021 | RM 0.20 | +115.0% | -35.0% | RM 56.8 M |
| VOLCANO | 06 Apr 2021 | RM 0.35 | +38.6% | +21.4% | RM 57.8 M |
| OFB | 04 Jul 2024 | RM 0.28 | +175.0% | -28.6% | RM 58.8 M |
| HAILY | 21 Jul 2021 | RM 0.68 | +8.8% | -27.9% | RM 42.1 M |
| CAMAROE [NS] | 02 Oct 2025 | RM 0.14 | +7.1% | -14.3% | RM 69.3 M |
| ZANTAT | 27 Mar 2024 | RM 0.25 | +50.0% | -10.0% | RM 70.0 M |
| VANZO | 17 Dec 2024 | RM 0.15 | +10.0% | -6.7% | RM 70.0 M |
| SCB | 13 Aug 2024 | RM 0.27 | +33.3% | -50.0% | RM 71.8 M |
Audit
No audit published for this IPO.