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CPETECH

MAIN Shariah MITI

Listed 07 Dec 2023 · Ind Prod & Serv · Johor · Adviser: KAF Investment Bank Berhad

Key figures

IPO price
RM 1.07
Day 1 open
RM 0.90
Day 1 close
RM 0.915
Current price
RM 0.53
Day 1 open %
-15.9%
Day 1 close %
-14.5%
Since listing
-50.5%
Oversubscription
17.69x
Market cap
RM 718.3 M
Offer size
234.96 M
Enlarged shares
671.31 M
Float
35%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)33.57 M14.3%
Bumiputera / MITI83.92 M35.7%
Private placement117.479 M50.0%
New shares issued167.83 M71.4%
Offer for sale67.13 M28.6%

Board context — MAIN

Across 56 MAIN IPOs in the database: median day-1 close +3.2% (P25 -2.2%, P75 +27.4%), median since-listing -3.3%. 60.7% closed day 1 above their IPO price.

This IPO's day-1 close of -14.5% sits at P7 of its board · This IPO's since-listing of -50.5% sits at P23 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
KEYFIELD 22 Apr 2024 RM 0.90 +114.4% +88.9% RM 720.0 M
WELLCHIP [NS] 23 Jul 2024 RM 1.15 +49.6% +34.8% RM 690.0 M
FEYTECH 21 May 2024 RM 0.80 +37.5% -61.9% RM 674.6 M
EMPIRE 17 Apr 2026 RM 0.70 +48.6% +45.7% RM 770.0 M
MSTGOLF 20 Jul 2023 RM 0.81 -3.7% -75.3% RM 664.9 M
SKYWLD 10 Jul 2023 RM 0.80 -7.5% -39.4% RM 800.0 M
MKHOP 30 Apr 2024 RM 0.62 -0.8% -0.8% RM 634.6 M
CEB [NS] 10 Mar 2023 RM 0.90 +66.7% -70.6% RM 830.7 M

Audit

No audit published for this IPO.