***All contents here are translated from my mandarin blog without changing chronological part (timeline), therefore there might be some timeline dispute between the contents and posts release date.***
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How to
check my IPO application status（Maybank2u）
- Enter Maybank2u website
- Click Apply on the top columns after login.
- Click Investment in the middle bar when you enter to this page.
- Scroll down to View IPO
Status，and then click Apply Now
- You may see all your current and past IPOs status at
the moment.
 |
| Step 1,2 |
 |
| Step 3 |
 |
| Step 4 |
 |
| Step 5 |
|
Columns |
Meaning |
|
Issuing
House |
Usually are
these 2 issuing houses: TIIH –
Tricor Investor & Issuing House MIH – Malaysian
Issuing House |
|
Share Issue No |
Issuing code of the IPO (start
with either T or M) |
|
Share
Name |
IPO Company Name |
|
Units Applied |
The total units of
shares an applicant applied during IPO application period. |
|
Amount |
The total balance an applicant paid to apply an
IPO. |
|
Channel |
Normally it will show M2U
here |
|
Status |
The status of
IPO at the moment when you login, there are 5 of them which are : · Pending (You still
need to wait for the update) · Partially Matched
(You get part of your applied shares) · Successful (You get all
your applied shares) · Unsuccessful (You
didn’t get any allotment) · Auto Reserved (Your
IPO application is settled) |
|
Reimburse Amount |
It will show the amount
after deducting the amount need for your partially successful/successful
shares allotted. If your status showing
unsuccessful, the amount here will be identical with the initial amount you
applied before. |
|
Partial/Successful
Amount |
It will be RM 0
if your status shows unsuccessful It will be the
amount equivalent to the allotted shares * IPO price per unit under partially
successful/successful. |
When the issuing house release an upcoming IPO’s balloting
results or basis of allotment, usually the banks will start to update the
status of eIPO applicants on evening/night on same day.
However, the speed and business days used for these banks to update eIPO
application status are varied for each IPO.
Some banks could immediately update eIPO application status
few hours after balloting results was released by issuing house while some
banks could take few business days to update eIPO application status.
Even sometime when you are able to get the status update on
same date in an IPO. But next time when you apply eIPO with the same bank, your
application status could be update in next business day or even further.
Therefore, you shouldn’t expect that you can get the results
when someone get it earlier than you. It is depending on your luck and the bank
efficiency to proceed with the allocation.
The speed on updating eIPO application status could be
always affect by other factors from type of bank use to made application. These
factors could be
1)
Tremendously High Oversubscription Rate
2)
National Public Holiday
Mobilia IPO is a good example
on how Malaysia national public holiday could affect the process to update eIPO
application status.
The balloting of application
of Mobilia IPO happened on 11th February 2021, which was coincidentally
same with the date of Chinese New Year eve.
Our market was opened for half
day until 12:30 P.M. on that Thursday and Tricor Issuing & Investor House
(TIIH) released Mobilia IPO’s balloting result on evening.
However, most of the banks
including the one I’m had used to apply Mobilia, they didn’t update the eIPO
status as expected. Maybe because CNY holiday as it is not the usual 1-day
public holiday and most Chinese were having leaves before CNY eve.
Let me take a usual process on how eIPO application status is updated with Optimax IPO.
·
6th Aug Evening – Announcement on balloting results
·
6th Aug Night – I received status update from Maybank2u with
refund on late night on same day.
·
8th Aug 2:00 P.M. –
eIPO applicants from PBe received their update on the application status.
·
11th Aug Night – Finally someone from a forum said that CIMB
update the status.
But the timeline for update on Mobilia eIPO
application status was like this:
·
11th Feb Evening – Announcement on balloting results
·
11th Feb Night – None of the banks update the status.
·
15th Feb Noon. – CIMB update eIPO application status
followed by PBe and Maybank(on night).
For the refund or repayment of those unmatched amount
(Failed/Partially Matched) will be happen after your eIPO application status is
updated from pending status.
Tricks
to apply/buy IPO
Although we can't decide on what is the success rate of getting the allotment of IPO shares. But we still have some trick to apply, invest or buy these IPOs effectively.
Let has a look on few examples of TIIH’s and MIH’s IPO Basis of Allotment
 |
| GREATECH IPO Basis of Allotment |
 |
| HPPHB IPO Basis of Allotment |
 |
| Optimax IPO Basis of Allotment |
 |
| Mobilia IPO Basis of Allotment |
 |
| Samaiden IPO Basis of Allotment |
 |
| Solarvest IPO Basis of Allotment |
IPO’s Tier List
Did you observe that the range of the number of shares are
identical for each issuing house’s basis of allotment? And we will normally call these ranges of the
number of shares as “Tier”.
Both of the issues house has some similar structure on the
tier with over 1000 units shares.
For most IPOs before 2020 that were related with TIIH (Those IPOs before Solarvest）, the tier will be begin with
additional 100 units in their range. While IPOs related to MIH has a neatly
range that begin with 000 (e.g. 1000 shares, 20000shares etc.).
Both IPOs after 2020 under TIIH and MIH are similar to MIH
structure with 000 as beginning in the range.
(Ignore this as Teladan and Flexi IPOs are not applicable to
this condition).
So based on these fixed range of shares (or Tier), you may
confirm with the minimum number of shares on a tier that you are affordable
before you apply for an IPO.
I will use an example to illustrate this minimum number of
shares with Mobilia as our reference.
Mobilia IPO price per share is RM0.23 and assume I have a
capital of RM10,000 can be used to apply IPO.
I can apply around 434 Lots of shares , or 43400 units of
shares, without considering any application fee.
But it is necessary to apply 434 Lots shares for Mobilia IPO
?
Applying 434 Lots of shares is within the tier of 200 Lots
and 499 Lots, 7th Tier.
You must be wondering is there any problem with applying 434
Lots but look closely. The reason is few columns behind and see at 6th column “number of shares to be allotted …”
So look at here, this mean that every successful
applicants form this tier will get 60 Lots of Mobilia shares.
Did you notice a problem?
Those who applied 200 Lots paid RM4600 while those who
applied 499 Lots paid around RM 11500. But both get same number of shares (if
successful) while the amount paid is differ by 2.5 times.
Therefore you don’t have to prepare RM10,000 to apply
Mobilia but only RM4,600 with some application fee.( You may see the applicationfees image for each bank ).
You don’t have to waste the opportunity cost on the
remaining amount from RM10,000. So don’t
waste your time and your opportunity for interest income or trading/investment
chance.
18th March 2021 : The IPO Efficiency Calculator
is open to every reader with terms and conditions , you may refer to this post.
Endings
This Excel File is made based on my experience
on few IPO application in past few years. It may not be applicable anymore If
there are any changes in the future.
The content of this Excel File is strictly
prohibited from being reproduced or used for any commercial or profit purpose
without my permission. Please obtain my authorization and mention the source
before forwarding or quoting this excel file.
Currently, this Excel is open to any reader to download when you subscribe to my blog and contact me or leave your Email address in comment section.
IPO Series Posts
Malaysia IPO Tutorial Part 1 - How to Apply or Buy IPO?
Malaysia IPO Tutorial Part 2 - Where to check for Balloting Results Announcement?
Malaysia IPO Tutorial Part 3 - Am I a lucky guy to get an IPO?