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KEYFIELD

MAIN Shariah MITI

Listed 22 Apr 2024 · Energy · Kuala Lumpur · Adviser: M & A Securities Sdn Bhd

Key figures

IPO price
RM 0.90
Day 1 open
RM 1.70
Day 1 close
RM 1.93
Current price
RM 1.70
Day 1 open %
+88.9%
Day 1 close %
+114.4%
Since listing
+88.9%
Oversubscription
9.69x
Market cap
RM 720.0 M
Offer size
208.96 M
Enlarged shares
800 M
Float
26.12%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)40 M19.1%
Bumiputera / MITI73.19 M35.0%
Private placement71.7651 M34.3%
New shares issued208.96 M100.0%

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 +114.4% sits at P98 of its board · This IPO's since-listing of +88.9% sits at P86 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
CPETECH 07 Dec 2023 RM 1.07 -14.5% -50.5% RM 718.3 M
WELLCHIP [NS] 23 Jul 2024 RM 1.15 +49.6% +34.8% RM 690.0 M
FEYTECH 21 May 2024 RM 0.80 +37.5% -61.9% RM 674.6 M
EMPIRE 17 Apr 2026 RM 0.70 +48.6% +45.7% RM 770.0 M
MSTGOLF 20 Jul 2023 RM 0.81 -3.7% -75.3% RM 664.9 M
SKYWLD 10 Jul 2023 RM 0.80 -7.5% -39.4% RM 800.0 M
MKHOP 30 Apr 2024 RM 0.62 -0.8% -0.8% RM 634.6 M
CEB [NS] 10 Mar 2023 RM 0.90 +66.7% -70.6% RM 830.7 M

Audit

No audit published for this IPO.