Ramssol Group IPO
Technology, Software. Offered at RM0.45 a share, listed on 13 Jul 2021.
Timeline
- Offer opens22 Jun 2021
- Offer closes29 Jun 2021
- BallotingDone
- Listed13 Jul 2021
Public applications for 102.9 times the shares on offer.
Opened above the offer price, closed +13.3% on day one.
About Ramssol Group
Ramssol Group is a Southeast Asia-focused HCM (Human Capital Management) and technology solutions provider that implements third-party HR software for large enterprises and educational institutions, supplies IT professionals via staff augmentation, and offers HCM technology applications including its own employee…
CISCOM's forecast for Ramssol 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.