ListedACE Market· 0341· Shariah-compliant

Colform Group IPO

Industrial Products & Services, Metals. Offered at RM0.36 a share, listed on 10 Feb 2025.

Offer price

RM0.36

Shares offered

168.4m

RM61m at offer

Market cap at listing

TBA

Offer period

15 Jan 2025 to 23 Jan 2025

Listing date

10 Feb 2025

Principal adviser

See prospectus

Timeline

Offer opens
15 Jan 2025
Offer closes
23 Jan 2025
Balloting
Done
Listed
10 Feb 2025

Oversubscription

41.8×

Public applications for 41.8 times the shares on offer, 19,669 applications.

First day of trading

+11.1%

Opened above the offer price, closed +8.3% on day one.

First-day forecast

CISCOM's forecast for Colform Group 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.