Intelligent Investor

Stealth Group Holdings Ltd (ASX: SGI) - Float & IPO Details

- Current share price for SGI : $0.265

Stealth Group Holdings Ltd (SGI, formerly Stealth Global Holdings Ltd) is a wide range distributor of Industrial, Safety, Truck, Automotive and Workplace supplies and other related products and solutions headquartered in Perth, Western Australia. Stealth's portfolio consists of five market facing operating brands: Heatleys Safety & Industrial, C&L Tool Centre, Industrial Supply Group, United Tools, Skipper Transport Parts.

Stealth Group Holdings Ltd (SGI) floated on the Australian Securities Exchange (ASX) on Tuesday, 2 October 2018. The company opened its first day of trading with a share price of $0.20 which was down 2.50% from its offer price of $0.20 per share. The first day of trading for Stealth Group Holdings Ltd on the ASX saw its share price move between a low of $0.19 and a high of $0.20, before closing at $0.19 per share which was 5% below its original offer price of $0.20 per share.
SGI's current share price of $0.27 is a $0.07 or 32.50% premium to its original offer price of $0.20.

SGI Float / IPO Details

Offer Open Date20 Aug 2018
Offer Close Date7 Sep 2018
Listing Date2 Oct 2018
Issue Price$0.20
Amount Raised$12,500,000
Shares Issued (new)62,500,000
Underwriter
Consultants
AuditorBentleys Audit & Corporate (WA) Pty Ltd

SGI Float / IPO Performance (relative to an issue price of $0.20)

Current Price$0.2732.50%
First Day Open$0.20-2.50%
First Day High$0.20-2.50%
First Day Low$0.19-5%
First Day Close$0.19-5%
All-time High$0.2840%
All-time Low-100%
12-month High$0.2840%
12-month Low-100%

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