SWIFT
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 1.03
- Day 1 open
- RM 1.08
- Day 1 close
- RM 0.96
- Current price
- RM 0.36
- Day 1 open %
- +4.9%
- Day 1 close %
- -6.8%
- Since listing
- -65.0%
- Oversubscription
- 18.85x
- Market cap
- RM 916.5 M
- Offer size
- 314.14 M
- Enlarged shares
- 889.8 M
- Float
- 35.3%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 17.8 M | 5.7% |
| Bumiputera / MITI | 111.22 M | 35.4% |
| Private placement | 163.983 M | 52.2% |
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 -6.8% sits at P16 of its board · This IPO's since-listing of -65.0% sits at P18 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| ORKIM | 09 Dec 2025 | RM 0.92 | +1.1% | +22.8% | RM 920.0 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.