← Tracker

FFB

MAIN Shariah MITI

Listed 22 Mar 2022 · Cons Prod & Serv · Johor · Adviser: CIMB Investment Bank Berhad

Key figures

IPO price
RM 1.35
Day 1 open
RM 1.70
Day 1 close
RM 1.72
Current price
RM 2.76
Day 1 open %
+25.9%
Day 1 close %
+27.4%
Since listing
+104.4%
Oversubscription
18.74x
Market cap
RM 2.51 B
Offer size
743.18 M
Enlarged shares
1857.95 M
Float
40%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)37.16 M5.0%
Bumiputera / MITI232.24 M31.2%
Private placement455.198 M61.3%

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 +27.4% sits at P75 of its board · This IPO's since-listing of +104.4% sits at P89 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
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
DXN 19 May 2023 RM 0.70 -5.0% -27.1% RM 3.49 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
PARADIGM [NS] 10 Jun 2025 RM 1.00 +0.0% -6.0% RM 1.60 B

Audit

No audit published for this IPO.