193% Day-One Surge, Bursa IPO Frenzy Rolls On
Malaysia's IPO market is experiencing an unprecedented rally. THMY Holdings $THMY (0375.MY)$ , a Penang-based automated test equipment firm, saw its shares surge nearly 200% above its IPO price on its first trading day, marking the most spectacular market debut of 2025 — a truly phenomenal achievement in the IPO landscape. Given this remarkable performance, it's worth examining which other companies have recorded substantial gains since July this year.
Standout Performers
Since July, a total of 14 new stocks have been listed. Among them, 11 saw gains on their debut, while the steepest decline was limited to just -5.71% $POWER (0377.MY)$ . The average first-day gain reached 37.06%, representing a truly remarkable performance.
Besides the aforementioned THMY $THMY (0375.MY)$ , the engineering solutions firm Cheeding $CHEEDING (0372.MY)$ and technology solutions provider Insights Analytics Bhd $IAB (0376.MY)$ secured the second and third spots with first-day gains of 104% and 82% respectively.

Robust Market Activity
As of this year, Bursa Malaysia has welcomed 47 new listings, 7 on the Main Market, 37 on the ACE Market, and 3 on the LEAP Market. Bursa Malaysia Bhd is on track to meet its target of 60 initial public offerings (IPOs) this year, driven by sustained investor confidence and a strong pipeline of companies seeking to raise capital on the local exchange, said its chief executive officer Datuk Fad’l Mohamed.

Evolving Market Dynamics
This year's IPO market has demonstrated clear sector rotation patterns. The year began strongly, with the first seven listings in January and February benefiting from market optimism. Retail favorites Oriental Kopi Holdings $KOPI (0338.MY)$ and Swift Energy Technology $SET (0337.MY)$ closed their debut days up 98.86% and 41.07% respectively. However, momentum moderated by March, with listings from April onward reflecting increased investor caution.
July marked a turning point. iCents Group Holdings $ICENTS (0366.MY)$ ' listing on July 17 reignited market interest, opening at a 21% premium and closing 41.67% higher. This resurgence sparked renewed investor confidence, laying the foundation for the subsequent IPO rebound.
Forward Outlook
As IPO activity intensifies, more companies are tapping the market to fund expansion plans. For investors, significant opportunities remain. Thirteen companies are scheduled to list before year-end, presenting substantial investment opportunities in the final two months of 2025. Bursa Malaysia's CEO confirmed, the exchange is on track with its robust IPO pipeline and remains confident in achieving its targets, expressing an optimistic outlook for continued strong momentum into 2026.
At the ending of October, with the smooth progress of U.S.-China trade talks and further interest rate cuts by the U.S., the overall macroeconomic landscape is trending in an optimistic direction, a sentiment further corroborated by the heated IPO market.
As trading screens continue to flash, the next wealth creation opportunity may be just around the corner.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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106942693 : d
Chandranm : ipo not easy to get very hard to purchase
106678647 : its good
Andy77 Chandranm : if you order in millions you stand a chance to get allotted
Chandranm Andy77 : then gotta be millionaire
Slay2dudes : ok
Andy77 Chandranm : well.. at least a minimum 500k to start with.. else there's absolutely almost zero chance
103093235 : 500k...??? Rich....rich....not chnc for those B40.....huhuhu...
马后炮。。。滚 : Most of the stocks that can be bought are those that have plummeted
. I've been lucky enough to pick such stocks twice.