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ECOSHOP

MAIN Shariah MITI

Listed 23 May 2025 · Consumer Products & Services · Johor · Adviser: Maybank Investment Bank Berhad

Key figures

IPO price
RM 1.13
Day 1 open
RM 1.25
Day 1 close
RM 1.20
Current price
RM 1.34
Day 1 open %
+10.6%
Day 1 close %
+6.2%
Since listing
+18.6%
Oversubscription
0.96x
Market cap
RM 6.49 B
Offer size
862.15 M
Enlarged shares
5747 M
Float
15%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)114.94 M13.3%
Bumiputera / MITI574.7 M66.7%
Private placement100.668 M11.7%
New shares issued347 M40.2%
Offer for sale515.15 M59.8%

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 +6.2% sits at P55 of its board · This IPO's since-listing of +18.6% sits at P62 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
MRDIY 26 Oct 2020 RM 1.60 +9.4% +39.2% RM 10.04 B
DXN 19 May 2023 RM 0.70 -5.0% -27.1% RM 3.49 B
99SMART [NS] 09 Sep 2024 RM 1.65 +13.9% +121.2% RM 13.86 B
LCTITAN [NS] 11 Jul 2017 RM 6.50 -1.8% -93.8% RM 16.04 B
MTTSL 21 Apr 2026 RM 1.03 -2.9% -8.7% RM 2.58 B
SUNMED 18 Mar 2026 RM 1.45 +27.6% +34.5% RM 16.68 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

Audit

No audit published for this IPO.