ListedACE Market· 0377· Shariah-compliant

Powertechnic Group IPO

Industrial Products & Services, Industrial Materials, Components & Equipment. Offered at RM0.35 a share, listed on 28 Oct 2025.

Offer price

RM0.35

Shares offered

84.0m

RM29m at offer

Market cap at listing

RM109m

Offer period

6 Oct 2025 to 14 Oct 2025

Listing date

28 Oct 2025

Principal adviser

TA Securities Holdings Berhad

Timeline

Offer opens
6 Oct 2025
Offer closes
14 Oct 2025
Balloting
Done
Listed
28 Oct 2025

Oversubscription

46.4×

Public applications for 46.4 times the shares on offer, 10,392 applications.

First day of trading

+14.3%

Opened above the offer price, closed -5.7% on day one.

About Powertechnic Group

Powertechnic Group Berhad is a specialist in lifting systems, providing end-to-end services covering engineering design, fabrication, assembly, installation, and commissioning of crane/hoist systems, elevated platform systems, and elevators under its own 'Powertechnic' brand.

First-day forecast

CISCOM's forecast for Powertechnic 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.