ITMAX
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 1.07
- Day 1 open
- RM 1.52
- Day 1 close
- RM 1.38
- Current price
- RM 4.62
- Day 1 open %
- +42.1%
- Day 1 close %
- +29.0%
- Since listing
- +331.8%
- Oversubscription
- 18.20x
- Market cap
- RM 1.10 B
- Offer size
- 320 M
- Enlarged shares
- 1028 M
- Float
- 31.13%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 20.56 M | 6.4% |
| Bumiputera / MITI | 128.5 M | 40.2% |
| Private placement | 160.66 M | 50.2% |
| New shares issued | 190.55 M | 59.5% |
| Offer for sale | 129.45 M | 40.5% |
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 +29.0% sits at P79 of its board · This IPO's since-listing of +331.8% sits at P98 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| PLINTAS | 25 Mar 2024 | RM 0.95 | +2.1% | +1.1% | RM 1.04 B |
| ORKIM | 09 Dec 2025 | RM 0.92 | +1.1% | +22.8% | RM 920.0 M |
| SWIFT | 21 Dec 2021 | RM 1.03 | -6.8% | -65.0% | RM 916.5 M |
| CEB [NS] | 10 Mar 2023 | RM 0.90 | +66.7% | -70.6% | RM 830.7 M |
| SKYWLD | 10 Jul 2023 | RM 0.80 | -7.5% | -39.4% | RM 800.0 M |
| CKI | 24 Jun 2025 | RM 1.08 | +0.0% | -49.5% | RM 1.55 B |
| EMPIRE | 17 Apr 2026 | RM 0.70 | +48.6% | +45.7% | RM 770.0 M |
| SKYECHIP | 20 May 2026 | RM 0.88 | +151.1% | +240.9% | RM 1.58 B |
Audit
No audit published for this IPO.