ListedACE Market· 0329· Shariah-compliant

Metro Healthcare IPO

Health Care Providers. Offered at RM0.25 a share, listed on 15 Nov 2024.

Offer price

RM0.25

Shares offered

156.6m

RM39m at offer

Market cap at listing

RM245m

Offer period

24 Oct 2024 to 4 Nov 2024

Listing date

15 Nov 2024

Principal adviser

MIDF Amanah Investment Bank Berhad

Timeline

Offer opens
24 Oct 2024
Offer closes
4 Nov 2024
Balloting
Done
Listed
15 Nov 2024

Oversubscription

38.6×

Public applications for 38.6 times the shares on offer, 12,298 applications.

First day of trading

+2%

Opened above the offer price, closed +2% on day one.

About Metro Healthcare

Metro Healthcare Berhad is an obstetrics and gynaecology (O&G) healthcare service provider specialising in IVF/fertility services and other O&G healthcare, operating a network of maternity hospitals and fertility centres on the west coast of Peninsular Malaysia.

First-day forecast

CISCOM's forecast for Metro Healthcare is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

Create a free account →See Pro pricing

Already a member? Open the full page.

All upcoming Malaysian IPOs IPO results by year How to apply for an IPO

Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.