Malaysia IPO results 2024
How every Bursa Malaysia IPO of 2024 opened on its first day of trading, with the oversubscription rate behind it.
Listings
51
Opened above offer
82%
Median first-day open
+19.6%
Best debut
+204%
- Winstar Capital+40%ACE · Listed · industrial products & servicesListed: 19 Dec ’2480.2× oversubscribedoffer RM0.35
- Carlo Rino Group-13.0%ACE · Listed · consumer products & servicesListed: 18 Dec ’2418.4× oversubscribedoffer RM0.27
- Vanzo Holdings+16.7%ACE · Listed · consumer products & servicesListed: 17 Dec ’2466.7× oversubscribedoffer RM0.15
- Topvision Eye Specialist+18.2%ACE · Listed · health careListed: 16 Dec ’2458.7× oversubscribedoffer RM0.33
- TMK Chemical+12.6%MAIN · Listed · industrial products & servicesListed: 12 Dec ’2414.3× oversubscribedoffer RM1.75
- Cropmate+22.5%ACE · Listed · industrial products & servicesListed: 5 Dec ’2484.9× oversubscribedoffer RM0.20
- Supreme Consolidated Resources+48%ACE · Listed · consumer products & servicesListed: 29 Nov ’24349.4× oversubscribedoffer RM0.25
- Metro Healthcare+2%ACE · Listed · health careListed: 15 Nov ’2438.6× oversubscribedoffer RM0.25
- Life Water+18.5%MAIN · Listed · consumer products & servicesListed: 13 Nov ’2432.2× oversubscribedoffer RM0.65
- Azam Jaya+28.2%MAIN · Listed · constructionListed: 11 Nov ’2423.0× oversubscribedoffer RM0.78
- Mega Fortris0%MAIN · Listed · industrial products & servicesListed: 11 Nov ’247.2× oversubscribedoffer RM0.67
- 3ren+19.6%ACE · Listed · technologyListed: 6 Nov ’2484.1× oversubscribedoffer RM0.28
- OB Holdings+4.2%ACE · Listed · consumer products & servicesListed: 29 Oct ’24109.5× oversubscribedoffer RM0.24
- Sorento Capital+1.4%ACE · Listed · consumer products & servicesListed: 28 Oct ’2439.3× oversubscribedoffer RM0.37
- Northeast Group+6%ACE · Listed · industrial products & servicesListed: 15 Oct ’2473.4× oversubscribedoffer RM0.50
- Crest Group+12.9%ACE · Listed · industrial products & servicesListed: 9 Oct ’2473.9× oversubscribedoffer RM0.35
- KHPT Holdings+45%ACE · Listed · industrial products & servicesListed: 8 Oct ’24124.1× oversubscribedoffer RM0.20
- Solar District Cooling Group+31.6%ACE · Listed · industrial products & servicesListed: 19 Sept ’24144.1× oversubscribedoffer RM0.38
- 99 Speed Mart Retail Holdings+12.1%MAIN · Listed · consumer products & servicesListed: 9 Sept ’243.0× oversubscribedoffer RM1.65
- Steel Hawk+100%ACE · Listed · energyListed: 5 Sept ’24276.8× oversubscribedoffer RM0.15
- Vetece Holdings+100%ACE · Listed · technologyListed: 28 Aug ’24187.4× oversubscribedoffer RM0.25
- EPB Group+16.1%ACE · Listed · industrial products & servicesListed: 23 Aug ’2461.1× oversubscribedoffer RM0.56
- Elridge Energy Holdings+17.2%ACE · Listed · energyListed: 22 Aug ’2428.8× oversubscribedoffer RM0.29
- SIK Cheong+85.2%ACE · Listed · consumer products & servicesListed: 13 Aug ’24213.5× oversubscribedoffer RM0.27
- Kucingko+168.3%ACE · Listed · telecommunications & mediaListed: 26 Jul ’2499.0× oversubscribedoffer RM0.30
- Well Chip Group+43.5%MAIN · Listed · financial servicesListed: 23 Jul ’2412.9× oversubscribedoffer RM1.15
- Bwys Group+45.5%ACE · Listed · industrial products & servicesListed: 22 Jul ’2448.5× oversubscribedoffer RM0.22
- Johor Plantations Group0%MAIN · Listed · plantationListed: 9 Jul ’242.2× oversubscribedoffer RM0.84
- Ocean Fresh+203.6%ACE · Listed · consumer products & servicesListed: 4 Jul ’2476.2× oversubscribedoffer RM0.28
- GO Hub Capital+128.6%ACE · Listed · technologyListed: 3 Jul ’2478.7× oversubscribedoffer RM0.35
- UUE Holdings+175%ACE · Listed · constructionListed: 2 Jul ’24103.8× oversubscribedoffer RM0.24
- Agricore CS Holdings+58%ACE · Listed · consumer products & servicesListed: 21 Jun ’24131.0× oversubscribedoffer RM0.50
- KTI Landmark0%ACE · Listed · propertyListed: 19 Jun ’248.1× oversubscribedoffer RM0.30
- Kawan Renergy+50%ACE · Listed · industrial products & servicesListed: 29 May ’2495.0× oversubscribedoffer RM0.30
- Smart Asia Chemical+25%ACE · Listed · industrial products & servicesListed: 28 May ’2433.4× oversubscribedoffer RM0.40
- Feytech Holdings+37.5%MAIN · Listed · industrial products & servicesListed: 21 May ’2415.6× oversubscribedoffer RM0.80
- Sin-Kung Logistics0%ACE · Listed · transportation & logisticsListed: 15 May ’2426.5× oversubscribedoffer RM0.13
- Farm Price Holdings+100%ACE · Listed · consumer products & servicesListed: 14 May ’2491.3× oversubscribedoffer RM0.24
- MKH Oil Palm (East Kalimantan)+1.6%MAIN · Listed · plantationListed: 30 Apr ’248.4× oversubscribedoffer RM0.62
- Topmix+32.3%ACE · Listed · industrial products & servicesListed: 23 Apr ’2458.6× oversubscribedoffer RM0.31
- Keyfield International+88.9%MAIN · Listed · energyListed: 22 Apr ’249.7× oversubscribedoffer RM0.90
- SBH Marine Holdings+15.9%ACE · Listed · consumer products & servicesListed: 8 Apr ’2427.7× oversubscribedoffer RM0.22
- Zantat Holdings+60%ACE · Listed · industrial products & servicesListed: 27 Mar ’24130.2× oversubscribedoffer RM0.25
- Prolintas Infra Business Trust0%MAIN · Listed · business trustListed: 25 Mar ’243.6× oversubscribedoffer RM0.95
- Alpha IVF Group0%ACE · Listed · health careListed: 22 Mar ’241.7× oversubscribedoffer RM0.32
- AGX Group+17.1%ACE · Listed · transportation & logisticsListed: 7 Feb ’2415.4× oversubscribedoffer RM0.35
- Wentel Engineering Holdings0%ACE · Listed · industrial products & servicesListed: 6 Feb ’2417.7× oversubscribedoffer RM0.26
- TSA Group+5.5%ACE · Listed · industrial products & servicesListed: 2 Feb ’248.6× oversubscribedoffer RM0.55
- HE Group+53.6%ACE · Listed · industrial products & servicesListed: 30 Jan ’2463.4× oversubscribedoffer RM0.28
- Master TEC Group0%ACE · Listed · industrial products & servicesListed: 29 Jan ’247.1× oversubscribedoffer RM0.39
- KJTS Group+63.0%ACE · Listed · industrial products & servicesListed: 26 Jan ’2431.3× oversubscribedoffer RM0.27
| IPO | Market | Price | Listed | Oversubscribed | First-day open |
|---|---|---|---|---|---|
| Winstar Capital Listed · industrial products & services | ACE | RM0.35 | 19 Dec ’24 | 80.2× | +40% |
| Carlo Rino Group Listed · consumer products & services | ACE | RM0.27 | 18 Dec ’24 | 18.4× | -13.0% |
| Vanzo Holdings Listed · consumer products & services | ACE | RM0.15 | 17 Dec ’24 | 66.7× | +16.7% |
| Topvision Eye Specialist Listed · health care | ACE | RM0.33 | 16 Dec ’24 | 58.7× | +18.2% |
| TMK Chemical Listed · industrial products & services | MAIN | RM1.75 | 12 Dec ’24 | 14.3× | +12.6% |
| Cropmate Listed · industrial products & services | ACE | RM0.20 | 5 Dec ’24 | 84.9× | +22.5% |
| Supreme Consolidated Resources Listed · consumer products & services | ACE | RM0.25 | 29 Nov ’24 | 349.4× | +48% |
| Metro Healthcare Listed · health care | ACE | RM0.25 | 15 Nov ’24 | 38.6× | +2% |
| Life Water Listed · consumer products & services | MAIN | RM0.65 | 13 Nov ’24 | 32.2× | +18.5% |
| Azam Jaya Listed · construction | MAIN | RM0.78 | 11 Nov ’24 | 23.0× | +28.2% |
| Mega Fortris Listed · industrial products & services | MAIN | RM0.67 | 11 Nov ’24 | 7.2× | 0% |
| 3ren Listed · technology | ACE | RM0.28 | 6 Nov ’24 | 84.1× | +19.6% |
| OB Holdings Listed · consumer products & services | ACE | RM0.24 | 29 Oct ’24 | 109.5× | +4.2% |
| Sorento Capital Listed · consumer products & services | ACE | RM0.37 | 28 Oct ’24 | 39.3× | +1.4% |
| Northeast Group Listed · industrial products & services | ACE | RM0.50 | 15 Oct ’24 | 73.4× | +6% |
| Crest Group Listed · industrial products & services | ACE | RM0.35 | 9 Oct ’24 | 73.9× | +12.9% |
| KHPT Holdings Listed · industrial products & services | ACE | RM0.20 | 8 Oct ’24 | 124.1× | +45% |
| Solar District Cooling Group Listed · industrial products & services | ACE | RM0.38 | 19 Sept ’24 | 144.1× | +31.6% |
| 99 Speed Mart Retail Holdings Listed · consumer products & services | MAIN | RM1.65 | 9 Sept ’24 | 3.0× | +12.1% |
| Steel Hawk Listed · energy | ACE | RM0.15 | 5 Sept ’24 | 276.8× | +100% |
| Vetece Holdings Listed · technology | ACE | RM0.25 | 28 Aug ’24 | 187.4× | +100% |
| EPB Group Listed · industrial products & services | ACE | RM0.56 | 23 Aug ’24 | 61.1× | +16.1% |
| Elridge Energy Holdings Listed · energy | ACE | RM0.29 | 22 Aug ’24 | 28.8× | +17.2% |
| SIK Cheong Listed · consumer products & services | ACE | RM0.27 | 13 Aug ’24 | 213.5× | +85.2% |
| Kucingko Listed · telecommunications & media | ACE | RM0.30 | 26 Jul ’24 | 99.0× | +168.3% |
| Well Chip Group Listed · financial services | MAIN | RM1.15 | 23 Jul ’24 | 12.9× | +43.5% |
| Bwys Group Listed · industrial products & services | ACE | RM0.22 | 22 Jul ’24 | 48.5× | +45.5% |
| Johor Plantations Group Listed · plantation | MAIN | RM0.84 | 9 Jul ’24 | 2.2× | 0% |
| Ocean Fresh Listed · consumer products & services | ACE | RM0.28 | 4 Jul ’24 | 76.2× | +203.6% |
| GO Hub Capital Listed · technology | ACE | RM0.35 | 3 Jul ’24 | 78.7× | +128.6% |
| UUE Holdings Listed · construction | ACE | RM0.24 | 2 Jul ’24 | 103.8× | +175% |
| Agricore CS Holdings Listed · consumer products & services | ACE | RM0.50 | 21 Jun ’24 | 131.0× | +58% |
| KTI Landmark Listed · property | ACE | RM0.30 | 19 Jun ’24 | 8.1× | 0% |
| Kawan Renergy Listed · industrial products & services | ACE | RM0.30 | 29 May ’24 | 95.0× | +50% |
| Smart Asia Chemical Listed · industrial products & services | ACE | RM0.40 | 28 May ’24 | 33.4× | +25% |
| Feytech Holdings Listed · industrial products & services | MAIN | RM0.80 | 21 May ’24 | 15.6× | +37.5% |
| Sin-Kung Logistics Listed · transportation & logistics | ACE | RM0.13 | 15 May ’24 | 26.5× | 0% |
| Farm Price Holdings Listed · consumer products & services | ACE | RM0.24 | 14 May ’24 | 91.3× | +100% |
| MKH Oil Palm (East Kalimantan) Listed · plantation | MAIN | RM0.62 | 30 Apr ’24 | 8.4× | +1.6% |
| Topmix Listed · industrial products & services | ACE | RM0.31 | 23 Apr ’24 | 58.6× | +32.3% |
| Keyfield International Listed · energy | MAIN | RM0.90 | 22 Apr ’24 | 9.7× | +88.9% |
| SBH Marine Holdings Listed · consumer products & services | ACE | RM0.22 | 8 Apr ’24 | 27.7× | +15.9% |
| Zantat Holdings Listed · industrial products & services | ACE | RM0.25 | 27 Mar ’24 | 130.2× | +60% |
| Prolintas Infra Business Trust Listed · business trust | MAIN | RM0.95 | 25 Mar ’24 | 3.6× | 0% |
| Alpha IVF Group Listed · health care | ACE | RM0.32 | 22 Mar ’24 | 1.7× | 0% |
| AGX Group Listed · transportation & logistics | ACE | RM0.35 | 7 Feb ’24 | 15.4× | +17.1% |
| Wentel Engineering Holdings Listed · industrial products & services | ACE | RM0.26 | 6 Feb ’24 | 17.7× | 0% |
| TSA Group Listed · industrial products & services | ACE | RM0.55 | 2 Feb ’24 | 8.6× | +5.5% |
| HE Group Listed · industrial products & services | ACE | RM0.28 | 30 Jan ’24 | 63.4× | +53.6% |
| Master TEC Group Listed · industrial products & services | ACE | RM0.39 | 29 Jan ’24 | 7.1× | 0% |
| KJTS Group Listed · industrial products & services | ACE | RM0.27 | 26 Jan ’24 | 31.3× | +63.0% |
Know the likely opening before the next one lists
CISCOM Pro members get a projected first-day range and probability for every IPO, built from the most similar past listings. Educational, not investment advice.
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.