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SENFONG

MAIN Shariah MITI

Listed 07 Jul 2022 · Ind Prod & Serv · Johor · Adviser: Hong Leong Investment Bank Berhad

Key figures

IPO price
RM 0.75
Day 1 open
RM 0.75
Day 1 close
RM 0.675
Current price
RM 0.70
Day 1 open %
+0.0%
Day 1 close %
-10.0%
Since listing
+23.9%
Oversubscription
3.09x
Market cap
RM 389.2 M
Offer size
160.87 M
Enlarged shares
518.96 M
Float
31%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)25.95 M16.1%
Bumiputera / MITI64.87 M40.3%
Private placement53.806 M33.4%
New shares issued90.81 M56.4%
Offer for sale70.06 M43.6%

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 -10.0% sits at P12 of its board · This IPO's since-listing of +23.9% sits at P68 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
AZAMJAYA [NS] 11 Nov 2024 RM 0.78 +39.7% +34.6% RM 390.0 M
KITACON 17 Jan 2023 RM 0.68 +10.3% +5.9% RM 340.0 M
INNATURE [NS] 20 Feb 2020 RM 0.64 +2.3% -71.8% RM 451.8 M
ATECH 16 Dec 2021 RM 1.36 +25.0% +70.0% RM 487.1 M
LWSABAH 13 Nov 2024 RM 0.65 +44.6% +112.3% RM 307.6 M
GENERGY 11 Dec 2025 RM 1.00 -12.0% -16.0% RM 500.0 M
HOCKSOON 13 Feb 2026 RM 0.60 -6.7% -45.8% RM 300.0 M
LACMED 10 Dec 2025 RM 0.75 +2.0% +14.7% RM 300.0 M

Audit

No audit published for this IPO.