Manforce Group IPO
Manforce Group IPO: terms, timetable and ballot
- Market
- Bursa Malaysia ACE Market
- Listing date
- 6 May 2026
- IPO price
- RM0.38
- Underwriter
- M&A Securities
- Public portion oversubscribed
- 2.07×Ballot
- Market cap at listing
- RM152m
- First-day close
- RM0.375 (-1.3%)
- Live price
- RM0.265 (-30.3% since IPO)
- Terms verified against
- theedgemalaysia.com ↗
Oversubscription = shares applied for ÷ public shares on offer − 1, per the issuing house's release. First-day figures are closing prices. Not investment advice.
MFGROUP since the IPO
Manforce Group in the news
- From RM6,000 to RM6 billion: a decade of financing Malaysia's SMEsThe Edge Malaysia
- Manforce Group Bhd. Estimates – MYX:MFGROUPTradingView
- CapBay Surpasses RM6 Billion in SME Financing Over A DecadeFintech News Malaysia
- Thirteen of 19 firms dropped by TGS TW have named replacements; most opted for Kudos SBCThe Edge Malaysia
Headlines via Google News. Rates.my is not affiliated with these publishers.
Manforce Group IPO — questions answered
From the figures on this page.
Manforce Group listed on the ACE Market on 6 May 2026 at an IPO price of RM0.38 and closed its first day at RM0.375, -1.3% on the IPO price.
RM0.38 per share, giving a market capitalisation of about RM152m at listing.
The public portion was 2.07× oversubscribed: applications came to 3.07 times the shares on offer to the Malaysian public. The balloting results (the issuing house's basis-of-allotment document) are linked on this page.
It closed at RM0.375 against the RM0.38 IPO price, -1.3%. It now trades at RM0.265, -30.3% from the IPO price (live, about 15 minutes delayed). The first-day figure is the closing price, not the opening or an intraday high.
M&A Securities, as reported — the principal adviser, sponsor, underwriter and placement agent for the listing. Our underwriter league table on the IPO calendar shows how each firm's 2026 listings have done.
In the issuing house's basis-of-allotment document, which shows how the public tranche was balloted tier by tier; the link is on this page.
Other upcoming Bursa IPOs
- SKA Capital11 Nov 2026 · RM0.43
- KEB16 Nov 2026 · RM0.35
- MYDCD17 Nov 2026 · RM0.56
- Impact Capital Holdings24 Nov 2026 · RM0.22
Recent Bursa debuts
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- SLGC6 Oct 2026-10.7%
Every 2026 Bursa listing, the upcoming calendar and the underwriter league table are on the IPO Malaysia page →
Manforce Group IPO discussion
Applied, allotted, or watching the debut? Share what you got and what you think — no sign-up needed.