← Tracker

DXN

MAIN Shariah MITI

Listed 19 May 2023 · Cons Prod & Serv · Kedah · Adviser: Maybank Investment Bank Berhad

Key figures

IPO price
RM 0.70
Day 1 open
RM 0.69
Day 1 close
RM 0.665
Current price
RM 0.51
Day 1 open %
-1.4%
Day 1 close %
-5.0%
Since listing
-27.1%
Oversubscription
3.20x
Market cap
RM 3.49 B
Offer size
932.67 M
Enlarged shares
4985 M
Float
18.71%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)100 M10.7%
Bumiputera / MITI623.12 M66.8%
Private placement149.55 M16.0%
New shares issued160 M17.2%
Offer for sale772.67 M82.8%

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 -5.0% sits at P21 of its board · This IPO's since-listing of -27.1% sits at P34 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
MTTSL 21 Apr 2026 RM 1.03 -2.9% -8.7% RM 2.58 B
FFB 22 Mar 2022 RM 1.35 +27.4% +104.4% RM 2.51 B
CTOS 19 Jul 2021 RM 1.10 +47.3% -26.8% RM 2.42 B
JPG 09 Jul 2024 RM 0.84 +7.1% +85.7% RM 2.10 B
ECOSHOP 23 May 2025 RM 1.13 +6.2% +18.6% RM 6.49 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
SENHENG 25 Jan 2022 RM 1.07 -20.1% -81.3% RM 1.60 B

Audit

No audit published for this IPO.