Republic Power Group Ltd.

General Information

We are a provider of customized software development services, technology solutions, consulting and technical support services, and peripheral hardware to large and small to medium corporate clients and government agencies based in Singapore and Indonesia, including but not limited to airports, cruise terminals, technology companies, and law enforcement agencies. Our customized software provides clients with real-time monitoring, efficient resources allocation, planning surveillance and threat detection. (Incorporated in the British Virgin Islands) 

**Note: Revenue and net income are in U.S. dollars for the year ended June 30, 2022.

(Note: Republic Power Group Ltd. cut its IPO’s size by about 45 percent in an S-1/A filing dated Sept. 18, 2023: The company reduced the number of shares to: 2.01 million shares (1.28 million shares offered by the company and 730,000 shares offered by two selling shareholders) – down from 4.0 million shares (3.0 million shares offered by the company and 1.0 million shares offered by the selling stockholders) – and raised the low end of the price range to $5.00 – up from $4.00. The new price range is $5.00 to $6.00. The IPO would raise $11.06 million under the new terms, assuming mid-point pricing at $5.50. Republic Power Group also disclosed that it changed its sole book-runner to Prime Number Capital, which  replaced Univest Securities.) 

(Note: Background: Republic Power Group Ltd. increased the size of its IPO in an F-1/A filing dated Dec. 23, 2022, by disclosing that selling stockholders will sell 1.0 million shares – in addition to the 3.0 million shares that the company is offering in the IPO – at the same price range of $4.00 to $6.00 to raise $20 million. That change represents a 33 percent increase in the IPO’s estimated total proceeds. The company will not receive any proceeds from the sale of the selling stockholders’ shares. Republic Power Group disclosed the terms for its IPO in an F-1/A filing dated Sept. 8, 2022: 3.0 million ordinary shares at $4.00 to $6.00 to raise $15 million. Republic Power Group filed an F-1/A on Aug. 9, 2022, but no terms were set for its IPO. Republic Power Group Ltd. filed its F-1 on July 21, 2022. The company filed confidential IPO paperwork on March 18, 2022.)

Employees: 22
Founded: 2015
Contact Information
Address 158 Kallang Way #06-08 Singapore, Republic of Singapore S349245
Phone Number +65 6908 9825
Web Address
View Prospectus: Republic Power Group Ltd.
Financial Information
Market Cap
Revenues $3.21 mil (last 12 months)
Net Income $1.18 mil (last 12 months)
IPO Profile
Symbol RPGL
Exchange NASDAQ
Shares (millions): 2.0
Price range $4.00 - $6.00
Est. $ Volume $10.0 mil
Manager / Joint Managers Prime Number Capital
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change