RedPlanet IPO
Enterprise ICT — geospatial & rail-safety systems
RedPlanet IPO: terms, timetable and ballot
- Market
- Bursa Malaysia ACE Market
- Listing date
- 22 Oct 2026
- IPO price
- RM0.19
- Underwriter
- UOB Kay Hian
- Public portion oversubscribed
- 85.28×Ballot
- Market cap at listing
- RM78m
- First-day close
- RM0.26 (+36.8%)
- Live price
- RM0.255 (+34.2% since IPO)
- Terms verified against
- klsescreener.com ↗
Oversubscription = shares applied for ÷ public shares on offer − 1, per the issuing house's release. First-day figures are closing prices. Not investment advice.
RPLANET since the IPO
RedPlanet in the news
- RedPlanet rises 37% in ACE Market debut following listing transferThe Edge Malaysia
- RedPlanet eyes bigger rail projectsThe Star
- RedPlanet FY26 net profit rises 21.3% ahead of ACE Market transferThe Malaysian Reserve
- ACE Market-bound RedPlanet’s IPO shares oversubscribed by 85.28 timesThe Edge Malaysia
- RedPlanet’s IPO Public Portion Oversubscribed 85.28 TimesBernamaBiz
Headlines via Google News. Rates.my is not affiliated with these publishers.
RedPlanet IPO — questions answered
From the figures on this page.
RedPlanet listed on the ACE Market on 22 Oct 2026 at an IPO price of RM0.19 and closed its first day at RM0.26, +36.8% on the IPO price.
RM0.19 per share, giving a market capitalisation of about RM78m at listing.
The public portion was 85.28× oversubscribed: applications came to 86.28 times the shares on offer to the Malaysian public. The balloting results (the company's own Bursa announcement) are linked on this page.
It closed at RM0.26 against the RM0.19 IPO price, +36.8%. It now trades at RM0.255, +34.2% from the IPO price (live, about 15 minutes delayed). The first-day figure is the closing price, not the opening or an intraday high.
UOB Kay Hian, as reported — the principal adviser, sponsor, underwriter and placement agent for the listing. Our underwriter league table on the IPO calendar shows how each firm's 2026 listings have done.
In the company's own Bursa Malaysia announcement of its subscription results, which attaches the balloting document; the link is on this page.
Other upcoming Bursa IPOs
- SKA Capital11 Nov 2026 · RM0.43
- KEB16 Nov 2026 · RM0.35
- MYDCD17 Nov 2026 · RM0.56
- Impact Capital Holdings24 Nov 2026 · RM0.22
Recent Bursa debuts
- NWE Resources Group21 Oct 20260.0%
- EGH International16 Oct 2026-15.6%
- EcoSys (Malaysia)14 Oct 2026+196.3%
- SLGC6 Oct 2026-10.7%
- GB Bond Holdings1 Oct 2026-18.0%
Every 2026 Bursa listing, the upcoming calendar and the underwriter league table are on the IPO Malaysia page →
RedPlanet IPO discussion
Applied, allotted, or watching the debut? Share what you got and what you think — no sign-up needed.