MAGH

Magnitude International Ltd Ordinary Shares
MAGH
Market cap $142M

4.15 USD

+0.09

2.22%

At close Aug 14, 4:00 PM EDT

After hours

4.15

+0.00

0.00%

1 day

2.22%

5 days

9.21%

1 month

2.22%

3 months

2.22%

6 months

2.22%

Year to date

2.22%

1 year

2.22%

5 years

2.22%

10 years

2.22%

About: Magnitude International Ltd is providing electrical installation services to customers in both the private and public sectors in Singapore. It includes the planning, design, material selection, installation, testing, commissioning and certification of the electrical equipment/systems to be installed. The Group's revenue is derived from Singapore.

Industrials Engineering & Construction

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Funds holding %

of 7,345 funds

–

Analysts bullish %

Fund manager confidence

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Research analyst outlook

We haven’t received any recent analyst ratings for MAGH.

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Financial journalist opinion

Magnitude International Ltd Announces Closing of Initial Public Offering

SINGAPORE, Aug. 13, 2025 (GLOBE NEWSWIRE) -- August 13, 2025 – Magnitude International Ltd (the “Company” or “Magnitude”) (Nasdaq: MAGH), an electrical installation service provider based in Singapore, today announced the closing of its initial public offering (the “Offering”) of 2,200,000 ordinary shares at a public offering price of US$4.00 per ordinary share for total gross proceeds of US$8.8 million, before deducting underwriting discounts and offering expenses. The Company sold 1,650,000 ordinary shares and a selling shareholder, XJL International Ltd, sold 550,000 ordinary shares. The Company did not receive any proceeds from the sale of ordinary shares by the selling shareholder.

Magnitude International Ltd Announces Closing of Initial Public Offering

Magnitude International Ltd Announces Pricing of Initial Public Offering

Singapore, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Magnitude International Ltd (the “Company” or “Magnitude”) (Nasdaq: MAGH), an electrical installation service provider based in Singapore, today announced the pricing of its initial public offering (the “Offering”) of an aggregate of 2,200,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $8.8 million, before deducting underwriting discounts and offering expenses. The Company is offering 1,650,000 ordinary shares and an existing shareholder is offering 550,000 ordinary shares. The Company will not receive any proceeds from the sale of ordinary shares by the selling shareholder.

Magnitude International Ltd Announces Pricing of Initial Public Offering

U.S. IPO Weekly Recap: 1 IPO And 4 SPACs List To Close Out May

One IPO and four SPACs debuted this week. One small IPO and four SPACs submitted initial filings. Two sizable IPOs are scheduled to price in the week ahead.

U.S. IPO Weekly Recap: 1 IPO And 4 SPACs List To Close Out May

Magnitude International Readies $10 Million U.S. IPO On Falling Revenue

Magnitude International has filed proposed terms for a $10 million U.S. IPO. The company's IPO valuation is wildly excessive, with EV/EBITDA and Price/Sales multiples far above industry norms. Magnitude faces intense competition, customer concentration risk, and contract bidding volatility.

Magnitude International Readies $10 Million U.S. IPO On Falling Revenue

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