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JPG

MAIN Shariah MITI

Listed 09 Jul 2024 · Plantation · Johor · Adviser: RHB Investment Bank Berhad

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Key figures

IPO price
RM 0.84
Day 1 open
RM 0.84
Day 1 close
RM 0.90
Current price
RM 1.56
Day 1 open %
+0.0%
Day 1 close %
+7.1%
Since listing
+85.7%
Oversubscription
2.18x
Market cap
RM 2.10 B
Offer size
875 M
Enlarged shares
2500 M
Float
35%
RM 0.840IPO priceRM 0.840Day 1 openRM 0.900Day 1 closeRM 1.560Current price

Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.

Offer structure

TrancheShares% of offer
Malaysian public (balloting)50 M5.7%
Bumiputera / MITI312.5 M35.7%
Private placement485 M55.4%
New shares issued464 M53.0%
Offer for sale411 M47.0%

Board context: MAIN

Across 57 MAIN IPOs in the database: median day-1 close +3.9% (P25 -2.2%, P75 +27.6%), median since-listing +0.0%. 61.4% closed day 1 above their IPO price.

This IPO's day-1 close of +7.1% sits at P58 of its board · This IPO's since-listing of +85.7% sits at P82 of its board

Board peers: MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
CTOS 19 Jul 2021 RM 1.10 +47.3% -26.8% RM 2.42 B
FFB 22 Mar 2022 RM 1.35 +27.4% +104.4% RM 2.51 B
TMK 12 Dec 2024 RM 1.75 +9.7% -25.1% RM 1.75 B
RADIUM 31 May 2023 RM 0.50 -23.0% +0.0% RM 1.73 B
MTTSL 21 Apr 2026 RM 1.03 -2.9% +23.3% RM 2.58 B
SENHENG 25 Jan 2022 RM 1.07 -20.1% -81.3% RM 1.60 B
PARADIGM [NS] 10 Jun 2025 RM 1.00 +0.0% -6.0% RM 1.60 B
SKYECHIP 20 May 2026 RM 0.88 +151.1% +218.2% RM 1.58 B

Audit

No audit published for this IPO.