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RADIUM

MAIN Shariah MITI

Listed 31 May 2023 · Property · Selangor · Adviser: Malacca Securities Sdn Bhd

Key figures

IPO price
RM 0.50
Day 1 open
RM 0.35
Day 1 close
RM 0.385
Current price
RM 0.50
Day 1 open %
-30.0%
Day 1 close %
-23.0%
Since listing
+0.0%
Oversubscription
0.02x
Market cap
RM 1.73 B
Offer size
868 M
Enlarged shares
3468 M
Float
25.03%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)273 M31.5%
Bumiputera / MITI435 M50.1%
Private placement100 M11.5%
New shares issued868 M100.0%

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 -23.0% sits at P2 of its board · This IPO's since-listing of +0.0% sits at P54 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
TMK 12 Dec 2024 RM 1.75 +9.7% -25.1% RM 1.75 B
SENHENG 25 Jan 2022 RM 1.07 -20.1% -81.3% RM 1.60 B
PARADIGM [NS] 10 Jun 2025 RM 1.00 +0.0% -6.0% RM 1.60 B
SKYECHIP 20 May 2026 RM 0.88 +151.1% +240.9% RM 1.58 B
CKI 24 Jun 2025 RM 1.08 +0.0% -49.5% RM 1.55 B
JPG 09 Jul 2024 RM 0.84 +7.1% +85.7% RM 2.10 B
CTOS 19 Jul 2021 RM 1.10 +47.3% -26.8% RM 2.42 B
FFB 22 Mar 2022 RM 1.35 +27.4% +104.4% RM 2.51 B

Audit

No audit published for this IPO.