ListedACE Market· 0333· Shariah-compliant

Vanzo Holdings IPO

Consumer Products & Services, Personal Goods. Offered at RM0.15 a share, listed on 17 Dec 2024.

Offer price

RM0.15

Shares offered

140.0m

RM21m at offer

Market cap at listing

RM70m

Offer period

27 Nov 2024 to 4 Dec 2024

Listing date

17 Dec 2024

Principal adviser

M&A Securities Sdn Bhd

Timeline

Offer opens
27 Nov 2024
Offer closes
4 Dec 2024
Balloting
Done
Listed
17 Dec 2024

Oversubscription

66.7×

Public applications for 66.7 times the shares on offer, 16,713 applications.

First day of trading

+16.7%

Opened above the offer price, closed +10% on day one.

About Vanzo Holdings

Vanzo Holdings Berhad is a Malaysian investment holding company whose subsidiary designs, markets and sells air fragrance and fragrance-related products under its own 'Vanzo' brand.

First-day forecast

CISCOM's forecast for Vanzo Holdings 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.