ORKIM Orkim
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 0.92
- Day 1 open
- RM 0.92
- Day 1 close
- RM 0.93
- Current price
- RM 1.13
- Day 1 open %
- +0.0%
- Day 1 close %
- +1.1%
- Since listing
- +22.8%
- Oversubscription
- 11.84x
- Market cap
- RM 920.0 M
- Offer size
- 400 M
- Enlarged shares
- 1000 M
- Float
- 40%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 20 M | 5.0% |
| Bumiputera / MITI | 50 M | 12.5% |
| Private placement | 322 M | 80.5% |
| New shares issued | 100 M | 25.0% |
| Offer for sale | 300 M | 75.0% |
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 +1.1% sits at P41 of its board · This IPO's since-listing of +22.8% sits at P66 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| SWIFT | 21 Dec 2021 | RM 1.03 | -6.8% | -65.0% | RM 916.5 M |
| CEB [NS] | 10 Mar 2023 | RM 0.90 | +66.7% | -70.6% | RM 830.7 M |
| PLINTAS | 25 Mar 2024 | RM 0.95 | +2.1% | +1.1% | RM 1.04 B |
| SKYWLD | 10 Jul 2023 | RM 0.80 | -7.5% | -39.4% | RM 800.0 M |
| EMPIRE | 17 Apr 2026 | RM 0.70 | +48.6% | +45.7% | RM 770.0 M |
| ITMAX | 13 Dec 2022 | RM 1.07 | +29.0% | +331.8% | RM 1.10 B |
| KEYFIELD | 22 Apr 2024 | RM 0.90 | +114.4% | +88.9% | RM 720.0 M |
| CPETECH | 07 Dec 2023 | RM 1.07 | -14.5% | -50.5% | RM 718.3 M |
Audit
No audit published for this IPO.