WELLCHIP [NS]
MAIN
MITI
Key figures
- IPO price
- RM 1.15
- Day 1 open
- RM 1.65
- Day 1 close
- RM 1.72
- Current price
- RM 1.55
- Day 1 open %
- +43.5%
- Day 1 close %
- +49.6%
- Since listing
- +34.8%
- Oversubscription
- 12.87x
- Market cap
- RM 690.0 M
- Offer size
- 150 M
- Enlarged shares
- 600 M
- Float
- 25%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 30 M | 20.0% |
| Bumiputera / MITI | 75 M | 50.0% |
| Private placement | 45 M | 30.0% |
| New shares issued | 150 M | 100.0% |
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 +49.6% sits at P93 of its board · This IPO's since-listing of +34.8% sits at P73 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| FEYTECH | 21 May 2024 | RM 0.80 | +37.5% | -61.9% | RM 674.6 M |
| MSTGOLF | 20 Jul 2023 | RM 0.81 | -3.7% | -75.3% | RM 664.9 M |
| CPETECH | 07 Dec 2023 | RM 1.07 | -14.5% | -50.5% | RM 718.3 M |
| KEYFIELD | 22 Apr 2024 | RM 0.90 | +114.4% | +88.9% | RM 720.0 M |
| MKHOP | 30 Apr 2024 | RM 0.62 | -0.8% | -0.8% | RM 634.6 M |
| EMPIRE | 17 Apr 2026 | RM 0.70 | +48.6% | +45.7% | RM 770.0 M |
| HI | 28 Mar 2025 | RM 1.22 | +9.0% | +101.6% | RM 610.0 M |
| SKYWLD | 10 Jul 2023 | RM 0.80 | -7.5% | -39.4% | RM 800.0 M |
Audit
No audit published for this IPO.