SENHENG
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 1.07
- Day 1 open
- RM 0.90
- Day 1 close
- RM 0.855
- Current price
- RM 0.20
- Day 1 open %
- -15.9%
- Day 1 close %
- -20.1%
- Since listing
- -81.3%
- Oversubscription
- 10.24x
- Market cap
- RM 1.60 B
- Offer size
- 250 M
- Enlarged shares
- 1500 M
- Float
- 16.67%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 30 M | 12.0% |
| Bumiputera / MITI | 48 M | 19.2% |
| Private placement | 149.5 M | 59.8% |
| New shares issued | 250 M | 100.0% |
| Offer for sale | 139.5 M | 55.8% |
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 -20.1% sits at P4 of its board · This IPO's since-listing of -81.3% sits at P5 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| 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 |
| RADIUM | 31 May 2023 | RM 0.50 | -23.0% | +0.0% | RM 1.73 B |
| TMK | 12 Dec 2024 | RM 1.75 | +9.7% | -25.1% | RM 1.75 B |
| JPG | 09 Jul 2024 | RM 0.84 | +7.1% | +85.7% | RM 2.10 B |
| ITMAX | 13 Dec 2022 | RM 1.07 | +29.0% | +331.8% | RM 1.10 B |
| CTOS | 19 Jul 2021 | RM 1.10 | +47.3% | -26.8% | RM 2.42 B |
Audit
No audit published for this IPO.