Free RM1,500*Open Moomoo AccountRM0.88/share · RM352M raised · Listed: 20 May 2026
IPO Price
RM0.88
Proceeds
RM352M
Oversubscribed
95.03x
1st-Day Gain
+151%
SkyeChip Berhad is Malaysia's first homegrown fabless semiconductor and silicon IP design company listing on Bursa Main Market. The company designs custom silicon IP cores and system-on-chip (SoC) solutions for automotive, industrial, and consumer electronics markets. IPO priced at ~RM0.80, raising RM352M — the largest tech IPO on Bursa in 2026.
4 research houses have published a fair value for SkyeChip Berhad against its IPO price of RM0.88. These are their estimates, not ours.
| Research house | Fair value | vs IPO price | Call |
|---|---|---|---|
| Kenanga Research | RM2.00 | +127% | Outperform |
| PublicInvest Research | RM1.68 | +91% | — |
| Malacca Securities | RM1.48 | +68% | — |
| Mercury Securities | RM0.99 | +12% | — |
Fair values are published by the named research houses ahead of listing and are their opinions, not Calculator Malaysia's. They are estimates, not guarantees — a fair value above the IPO price is not a promise the share will reach it. Compare the spread: a wide gap between the highest and lowest estimate means the houses disagree on what the business is worth.
Work out which balloting tier your capital reaches — and the smallest application that reaches it.
Your tier
Tier 4 — 3,000 to 5,900 shares
Apply for 3,000 shares (30 lots) at a cost of RM2,640.00.
Your capital could stretch to 5,600 shares (RM4,928.00), but that sits in the same tier — the ballot treats both applications identically. Applying the tier minimum instead frees RM2,288.00 with no change to your chances.
To reach Tier 5 (6,000+ shares) you would need about RM5,280.00. Higher tiers are balloted for larger allotments, though they also commit more capital.
Tier boundaries are standard across Bursa ballots. How many shares each tier actually receives is different for every IPO — it depends on the size of the public tranche and how many people applied, and is only published in that IPO's basis-of-allotment notice after balloting. This tool shows which tier you reach and the efficient application; it cannot predict your allotment, and neither can anyone else before the ballot. Boundaries verified against a Malaysian Issuing House basis of allotment.
Extreme demand. Pure ballot luck at this level.
| Oversubscription | Allotment Chance |
|---|---|
| 1x–3x | ~30–100% |
| 5x–10x | ~10–20% |
| 20x–30x | ~3–5% |
| 50x–70x | <2% |
| 100x+ | <1% (lottery) |
Download Moomoo Malaysia app
Available on iOS and Android. Create an account with full KYC (IC + selfie). Free to register.
Open CDS Account-IPO
Go to Accounts → CDS Account-IPO. Fill in personal and bank details. Processed in under 2 business days.
Fund your Moomoo account
Transfer ringgit into your Moomoo cash balance. Minimum 1 lot × IPO price (e.g. 100 shares × RM0.38 = RM38).
Find SkyeChip under IPO section
Tap Markets → IPO. Select the listing when it opens for subscription. View company details and subscription period.
Submit your application
Enter number of lots, confirm funding method (cash or IPO financing at 6.8% p.a.). Fees: RM0 subscription fee.
Wait for balloting results
Results shown in-app. If not allotted — no charge. If allotted — shares go to your CDS Account-IPO then Moomoo account.
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Monthly DCA growth at 10% p.a. (S&P 500 hist avg)
| Monthly | 10 yrs | 20 yrs | 30 yrs |
|---|---|---|---|
| RM300/mo | RM61k | RM228k | RM678k |
| RM500/mo | RM102k | RM380k | RM1.13M |
| RM531/mo | RM109k | RM404k | RM1.2M |
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12.5% of enlarged share capital and 50% of public spread shares are reserved for Bumiputera investors. Apply through the MITI portal at sahamonline.miti.gov.my — separate pool means less competition.
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