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FEYTECH

MAIN Shariah MITI

Listed 21 May 2024 · Ind Prod & Serv · Johor · Adviser: TA Securities Holdings Berhad

Key figures

IPO price
RM 0.80
Day 1 open
RM 1.10
Day 1 close
RM 1.10
Current price
RM 0.305
Day 1 open %
+37.5%
Day 1 close %
+37.5%
Since listing
-61.9%
Oversubscription
15.64x
Market cap
RM 674.6 M
Offer size
252.94 M
Enlarged shares
843.2 M
Float
30%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)42.16 M16.7%
Bumiputera / MITI105.4 M41.7%
Private placement80.0848 M31.7%
New shares issued143.32 M56.7%
Offer for sale109.62 M43.3%

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 +37.5% sits at P84 of its board · This IPO's since-listing of -61.9% sits at P21 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
MSTGOLF 20 Jul 2023 RM 0.81 -3.7% -75.3% RM 664.9 M
WELLCHIP [NS] 23 Jul 2024 RM 1.15 +49.6% +34.8% RM 690.0 M
MKHOP 30 Apr 2024 RM 0.62 -0.8% -0.8% RM 634.6 M
CPETECH 07 Dec 2023 RM 1.07 -14.5% -50.5% RM 718.3 M
KEYFIELD 22 Apr 2024 RM 0.90 +114.4% +88.9% RM 720.0 M
HI 28 Mar 2025 RM 1.22 +9.0% +101.6% RM 610.0 M
EMPIRE 17 Apr 2026 RM 0.70 +48.6% +45.7% RM 770.0 M
AMEREIT 20 Sep 2022 RM 1.13 +2.6% +44.2% RM 587.6 M

Audit

No audit published for this IPO.