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MEGAFB [NS]

MAIN MITI

Listed 11 Nov 2024 · Ind Prod & Serv · Selangor · Adviser: RHB Investment Bank Berhad

Key figures

IPO price
RM 0.67
Day 1 open
RM 0.67
Day 1 close
RM 0.655
Current price
RM 0.795
Day 1 open %
+0.0%
Day 1 close %
-2.2%
Since listing
+18.7%
Oversubscription
7.18x
Market cap
RM 566.1 M
Offer size
295.74 M
Enlarged shares
844.97 M
Float
35%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)42.25 M14.3%
Bumiputera / MITI105.62 M35.7%
Private placement122.522 M41.4%
New shares issued147.87 M50.0%
Offer for sale147.87 M50.0%

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 -2.2% sits at P27 of its board · This IPO's since-listing of +18.7% sits at P64 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
AME 14 Oct 2019 RM 1.30 +19.2% +79.2% RM 555.2 M
PGLOBAL 03 Mar 2025 RM 0.68 -15.4% -34.6% RM 578.0 M
AMEREIT 20 Sep 2022 RM 1.13 +2.6% +44.2% RM 587.6 M
HI 28 Mar 2025 RM 1.22 +9.0% +101.6% RM 610.0 M
REACHTEN 02 May 2025 RM 0.52 +3.9% -5.8% RM 520.0 M
MKHOP 30 Apr 2024 RM 0.62 -0.8% -0.8% RM 634.6 M
GENERGY 11 Dec 2025 RM 1.00 -12.0% -16.0% RM 500.0 M
ATECH 16 Dec 2021 RM 1.36 +25.0% +70.0% RM 487.1 M

Audit

No audit published for this IPO.