ListedACE Market· 0383· Shariah-compliant

PSP Energy IPO

Industrial Products & Services, Industrial Services. Offered at RM0.16 a share, listed on 4 Dec 2025.

Offer price

RM0.16

Shares offered

288.6m

RM46m at offer

Market cap at listing

RM171m

Offer period

11 Nov 2025 to 21 Nov 2025

Listing date

4 Dec 2025

Principal adviser

Mercury Securities Sdn Bhd

Timeline

Offer opens
11 Nov 2025
Offer closes
21 Nov 2025
Balloting
Done
Listed
4 Dec 2025

Oversubscription

5.9×

Public applications for 5.9 times the shares on offer, 6,670 applications.

First day of trading

Opened at the offer price, closed -9.4% on day one.

About PSP Energy

PSP Group is an investment holding company whose subsidiaries trade and distribute fuel (diesel, fuel oil, marine gas oil) and lubricant products in Malaysia.

First-day forecast

CISCOM's forecast for PSP Energy 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.

Create a free account →See Pro pricing

Already a member? Open the full page.

All upcoming Malaysian IPOs IPO results by year How to apply for an IPO

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.