JPG
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 0.84
- Day 1 open
- RM 0.84
- Day 1 close
- RM 0.90
- Current price
- RM 1.56
- Day 1 open %
- +0.0%
- Day 1 close %
- +7.1%
- Since listing
- +85.7%
- Oversubscription
- 2.18x
- Market cap
- RM 2.10 B
- Offer size
- 875 M
- Enlarged shares
- 2500 M
- Float
- 35%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 50 M | 5.7% |
| Bumiputera / MITI | 312.5 M | 35.7% |
| Private placement | 485 M | 55.4% |
| New shares issued | 464 M | 53.0% |
| Offer for sale | 411 M | 47.0% |
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 +7.1% sits at P59 of its board · This IPO's since-listing of +85.7% sits at P84 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| CTOS | 19 Jul 2021 | RM 1.10 | +47.3% | -26.8% | RM 2.42 B |
| FFB | 22 Mar 2022 | RM 1.35 | +27.4% | +104.4% | RM 2.51 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 |
| MTTSL | 21 Apr 2026 | RM 1.03 | -2.9% | -8.7% | RM 2.58 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 |
| SKYECHIP | 20 May 2026 | RM 0.88 | +151.1% | +240.9% | RM 1.58 B |
Audit
No audit published for this IPO.