MSTGOLF
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 0.81
- Day 1 open
- RM 0.785
- Day 1 close
- RM 0.78
- Current price
- RM 0.20
- Day 1 open %
- -3.1%
- Day 1 close %
- -3.7%
- Since listing
- -75.3%
- Oversubscription
- 5.28x
- Market cap
- RM 664.9 M
- Offer size
- 228 M
- Enlarged shares
- 820.87 M
- Float
- 27.78%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 41.5 M | 18.2% |
| Bumiputera / MITI | 102.6 M | 45.0% |
| Private placement | 76 M | 33.3% |
| New shares issued | 160 M | 70.2% |
| Offer for sale | 68 M | 29.8% |
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 -3.7% sits at P23 of its board · This IPO's since-listing of -75.3% sits at P9 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| FEYTECH | 21 May 2024 | RM 0.80 | +37.5% | -61.9% | RM 674.6 M |
| WELLCHIP [NS] | 23 Jul 2024 | RM 1.15 | +49.6% | +34.8% | RM 690.0 M |
| MKHOP | 30 Apr 2024 | RM 0.62 | -0.8% | -0.8% | RM 634.6 M |
| CPETECH | 07 Dec 2023 | RM 1.07 | -14.5% | -50.5% | RM 718.3 M |
| KEYFIELD | 22 Apr 2024 | RM 0.90 | +114.4% | +88.9% | RM 720.0 M |
| HI | 28 Mar 2025 | RM 1.22 | +9.0% | +101.6% | RM 610.0 M |
| AMEREIT | 20 Sep 2022 | RM 1.13 | +2.6% | +44.2% | RM 587.6 M |
| PGLOBAL | 03 Mar 2025 | RM 0.68 | -15.4% | -34.6% | RM 578.0 M |
Audit
No audit published for this IPO.