PGLOBAL
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 0.68
- Day 1 open
- RM 0.465
- Day 1 close
- RM 0.575
- Current price
- RM 0.445
- Day 1 open %
- -31.6%
- Day 1 close %
- -15.4%
- Since listing
- -34.6%
- Oversubscription
- 44.93x
- Market cap
- RM 578.0 M
- Offer size
- 262.23 M
- Enlarged shares
- 850 M
- Float
- 30.85%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 21.25 M | 8.1% |
| Bumiputera / MITI | 106.25 M | 40.5% |
| Private placement | 104.978 M | 40.0% |
| New shares issued | 262.23 M | 100.0% |
| Offer for sale | 0 M | 0.0% |
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 -15.4% sits at P5 of its board · This IPO's since-listing of -34.6% sits at P32 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| AMEREIT | 20 Sep 2022 | RM 1.13 | +2.6% | +44.2% | RM 587.6 M |
| MEGAFB [NS] | 11 Nov 2024 | RM 0.67 | -2.2% | +18.7% | RM 566.1 M |
| AME | 14 Oct 2019 | RM 1.30 | +19.2% | +79.2% | RM 555.2 M |
| HI | 28 Mar 2025 | RM 1.22 | +9.0% | +101.6% | RM 610.0 M |
| MKHOP | 30 Apr 2024 | RM 0.62 | -0.8% | -0.8% | RM 634.6 M |
| REACHTEN | 02 May 2025 | RM 0.52 | +3.9% | -5.8% | RM 520.0 M |
| MSTGOLF | 20 Jul 2023 | RM 0.81 | -3.7% | -75.3% | RM 664.9 M |
| GENERGY | 11 Dec 2025 | RM 1.00 | -12.0% | -16.0% | RM 500.0 M |
Audit
No audit published for this IPO.