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MKHOP

MAIN Shariah

Listed 30 Apr 2024 · Plantation · Selangor · Adviser: M & A Securities Sdn Bhd

Key figures

IPO price
RM 0.62
Day 1 open
RM 0.63
Day 1 close
RM 0.615
Current price
RM 0.615
Day 1 open %
+1.6%
Day 1 close %
-0.8%
Since listing
-0.8%
Oversubscription
8.43x
Market cap
RM 634.6 M
Offer size
250.71 M
Enlarged shares
1023.59 M
Float
24.49%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)51.21 M20.4%
Private placement199.498 M79.6%
New shares issued220 M87.8%
Offer for sale30.71 M12.2%

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 -0.8% sits at P32 of its board · This IPO's since-listing of -0.8% sits at P52 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
HI 28 Mar 2025 RM 1.22 +9.0% +101.6% RM 610.0 M
MSTGOLF 20 Jul 2023 RM 0.81 -3.7% -75.3% RM 664.9 M
FEYTECH 21 May 2024 RM 0.80 +37.5% -61.9% RM 674.6 M
AMEREIT 20 Sep 2022 RM 1.13 +2.6% +44.2% RM 587.6 M
WELLCHIP [NS] 23 Jul 2024 RM 1.15 +49.6% +34.8% RM 690.0 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
CPETECH 07 Dec 2023 RM 1.07 -14.5% -50.5% RM 718.3 M

Audit

No audit published for this IPO.