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SKYECHIP SkyeChip

MAIN Shariah

Listed 20 May 2026 · Technology · Adviser: Maybank Investment Bank Berhad

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Key figures

IPO price
RM 0.88
Day 1 open
RM 3.50
Day 1 close
RM 2.21
Current price
RM 2.80
Day 1 open %
+297.7%
Day 1 close %
+151.1%
Since listing
+218.2%
Oversubscription
95.03x
Market cap
RM 1.58 B
Offer size
400 M
Enlarged shares
1796 M
Float
22.27%
RM 0.880IPO priceRM 3.500Day 1 openRM 2.210Day 1 closeRM 2.800Current price

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

Offer structure

TrancheShares%
Institutional Offering264.673 M14.7%
Retail Offering135.327 M7.6%
Eligible Persons under the Pink Form Allocations99.4072 M5.6%
Malaysian Public35.92 M2%

Source: company prospectus, PDF page 39.

Business profile (from the prospectus)

Prospectus excerpt shown in the document's original language.

We are principally involved in IC design specialising in silicon IPs and silicon products including custom ASIC.

Source: company prospectus, PDF page 11.

Financials (from the prospectus)

FYRevenue (RM'000)PATAMI (RM'000)MarginEPS (sen)
FPE202464,07922,10234.49%1.23
FPE202589,39531,01034.69%1.73
FYE202357,15928,64150.11%1.59
FYE202477,06333,70843.74%1.88
FYE2025119,50335,94330.08%2.00

Latest-FY revenue growth: +55.07%. PE at the IPO price: 44.00. Source: company prospectus (verified excerpts), PDF page 48.

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 +151.1% sits at P98 of its board · This IPO's since-listing of +218.2% sits at P95 of its board

Board peers: MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
PARADIGM [NS] 10 Jun 2025 RM 1.00 +0.0% -6.0% RM 1.60 B
SENHENG 25 Jan 2022 RM 1.07 -20.1% -81.3% RM 1.60 B
CKI 24 Jun 2025 RM 1.08 +0.0% -49.5% RM 1.55 B
RADIUM 31 May 2023 RM 0.50 -23.0% +0.0% RM 1.73 B
TMK 12 Dec 2024 RM 1.75 +9.7% -25.1% RM 1.75 B
JPG 09 Jul 2024 RM 0.84 +7.1% +85.7% RM 2.10 B
ITMAX 13 Dec 2022 RM 1.07 +29.0% +331.8% RM 1.10 B
PLINTAS 25 Mar 2024 RM 0.95 +2.1% +1.1% RM 1.04 B

Audit

No audit published for this IPO.