Beginners IPO🔰 New to IPOs? Start here
← Back to the IPO list

MFS

TSE Growth ・ Ticker 196A Listed

Result on listing day

-8.0%

Offer price

400 yen

First traded price

368 yen

Selling 100 shares at the first traded price would have produced a loss of 3,200 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.

Application period (book building)
2024-06-06 — 2024-06-12
Lottery result
To be announced
Listing date
2024-06-21
Cash needed to apply for one lot (100 shares)
about 40,000 yen
Offering size (at the offer price)
2 billion yen ・ 4,972,800 shares
Market capitalisation at listing
3.6 billion yen
Lock-up
Not translated — this is the wording from the Japanese offering documents, kept verbatim so it matches what your broker shows: 代表取締役やベンチャーキャピタル等の既存株主(対象4,692,600株)に180日間のロックアップが付されており、一部には公開価格の1.5倍以上で解除される条項があります。

Brokers you can apply through

You can only enter this lottery through a broker underwriting it. The lead underwriter is SMBC Nikko Securities, which receives the largest allocation.

Broker pages are in Japanese. A comparison in English is on the brokers page.

About the company

A description of this company is not yet available in English. The Japanese page has one.

Read about this company in Japanese →

Figures are taken from the offering documents and public sources, and are checked against two independent sources before publication. Nothing here is investment advice. Shares can and do open below their offer price.