HI
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 1.22
- Day 1 open
- RM 1.27
- Day 1 close
- RM 1.33
- Current price
- RM 2.46
- Day 1 open %
- +4.1%
- Day 1 close %
- +9.0%
- Since listing
- +101.6%
- Oversubscription
- 6.57x
- Market cap
- RM 610.0 M
- Offer size
- 130 M
- Enlarged shares
- 500 M
- Float
- 26%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 10 M | 7.7% |
| Bumiputera / MITI | 47.5 M | 36.5% |
| Private placement | 67.5 M | 51.9% |
| New shares issued | 95 M | 73.1% |
| Offer for sale | 35 M | 26.9% |
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 +9.0% sits at P62 of its board · This IPO's since-listing of +101.6% sits at P88 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| AMEREIT | 20 Sep 2022 | RM 1.13 | +2.6% | +44.2% | RM 587.6 M |
| MKHOP | 30 Apr 2024 | RM 0.62 | -0.8% | -0.8% | RM 634.6 M |
| PGLOBAL | 03 Mar 2025 | RM 0.68 | -15.4% | -34.6% | RM 578.0 M |
| MEGAFB [NS] | 11 Nov 2024 | RM 0.67 | -2.2% | +18.7% | RM 566.1 M |
| MSTGOLF | 20 Jul 2023 | RM 0.81 | -3.7% | -75.3% | RM 664.9 M |
| AME | 14 Oct 2019 | RM 1.30 | +19.2% | +79.2% | RM 555.2 M |
| FEYTECH | 21 May 2024 | RM 0.80 | +37.5% | -61.9% | RM 674.6 M |
| WELLCHIP [NS] | 23 Jul 2024 | RM 1.15 | +49.6% | +34.8% | RM 690.0 M |
Audit
No audit published for this IPO.