ListedACE Market· 0385· Shariah-compliant

BMS Holdings IPO

Consumer Products & Services, Retailers. Offered at RM0.22 a share, listed on 8 Dec 2025.

Offer price

RM0.22

Shares offered

520.0m

RM114m at offer

Market cap at listing

RM339m

Offer period

13 Nov 2025 to 19 Nov 2025

Listing date

8 Dec 2025

Principal adviser

Alliance Islamic Bank Berhad

Timeline

Offer opens
13 Nov 2025
Offer closes
19 Nov 2025
Balloting
Done
Listed
8 Dec 2025

Oversubscription

2.4×

Public applications for 2.4 times the shares on offer, 4,470 applications.

First day of trading

-11.4%

Opened below the offer price, closed -20.4% on day one.

About BMS Holdings

BMS Holdings sells tiles, stone surfaces (marble, granite, ceramic, engineered stone), bathware, and kitchenware through 20 retail showrooms across Malaysia (16 in Peninsular Malaysia, 4 in Sarawak), and also supplies contractors and property developers directly.

First-day forecast

CISCOM's forecast for BMS Holdings is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.