Big Caring Group IPO news has landed with a clear footprint: Big Caring Group Bhd (BCG) now runs 668 retail outlets across Malaysia. The group has signed its retail underwriting agreement for a listing on the Main Market of Bursa Malaysia.
Who Is Big Caring Group and What Does It Sell?
BCG sells pharmaceutical, healthcare, beauty and general merchandise products through retail outlets, e-commerce platforms and corporate sales channels. It also manufactures, imports, distributes and wholesales healthcare, pharmaceutical and nutraceutical products. Physiotherapy and tele-consultation services sit under the same group.
The 668 outlets trade under six brands: BIG Pharmacy, CARiNG Pharmacy, Georgetown Pharmacy, Wellings Pharmacy, Ting Pharmacy and iCare Pharmacy. BCG added 58 outlets in FY26 (financial year ending June 30, 2026) and 12 more up to Sept 30, 2026.
How Many Big Caring Group IPO Shares Are Being Offered?
- Total offer: up to 1.9 billion shares, or 25.5% of enlarged issued shares
- Public issue (new shares): 590.5 million, or 8.0%
- Offer for sale (existing shares): 1.3 billion, or 17.5%
- Institutional offering: up to 1.6 billion, or 21.9%
- Retail offering: 267.6 million, or 3.6%
Within the institutional tranche, 922.7 million shares go to MITI-approved Bumiputera investors. Up to 692 million go to Malaysian institutional and selected investors, plus foreign institutional and selected investors outside the United States.
Who Can Get Big Caring Group IPO Retail Shares?
Of the 267.6 million retail shares, 147.6 million go to the Malaysian public through balloting. Bumiputera and non-Bumiputera applicants receive equal allocation.
The remaining 120 million shares are reserved for directors, eligible employees and individuals who have contributed to the group’s success.
How Has BCG Revenue and Profit Grown Since FY23?
- Revenue: RM1.1 billion (FY23) to RM4.0 billion (FY26), a compound annual growth rate of 53.6%
- Profit after tax: RM41.2 million (FY23) to RM231.8 million (FY26)
Profit grew about 5.6 times over three years, while revenue grew about 3.6 times. By our calculation, net margin widened from about 3.7% to about 5.8%, a sign the earnings base is growing faster than sales.
Which Big Caring Group IPO Details Are Still Missing?
The announcement does not state the offer price, the total funds to be raised or the subscription period. It also gives no tentative listing date and no stock code.
Management named priorities for the listing but not the amounts. They are expanding the retail footprint, strengthening omni-channel capabilities, enhancing distribution infrastructure and broadening integrated pharmacy offerings. CEO Lee Meng Chuan said the group will maintain “disciplined execution” as it grows.
Who Are the Underwriters on the Big Caring Group IPO?
Maybank IB and RHB IB are joint principal advisers, joint global coordinators, joint bookrunners, joint managing underwriters and joint underwriters. AmInvest is joint principal adviser, joint global coordinator, joint bookrunner and joint underwriter.
UBS Securities Malaysia Sdn Bhd and UBS AG, Singapore Branch, are joint global coordinators and joint bookrunners. RHB IB CEO Kevin Davies said BCG Group “is well-positioned to take the next step in its growth story.”
How Can Retail Investors Apply for the Big Caring Group IPO?
Online applications need a direct CDS account in the applicant’s own name. Only one application per IPO is allowed, as multiple applications are an offence under the Capital Markets and Services Act 2007.
- Confirm you have a CDS account in your own name.
- Log in to the M+ Global app. Do not use M+ Online, which stopped working on 19 December 2025.
- Enter invitation code UBZQ and look for the Big Caring Group IPO application when it opens.
- Submit one application only. If the IPO is oversubscribed, retail shares are balloted.
For help, WhatsApp +60169059789. Read the IPO Investing with M+ Global guide before you apply.
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Disclaimer: This article is for information only and is not financial advice. Do your own research before deciding on any IPO application.
Key Takeaways
- BCG offers up to 1.9 billion shares (25.5%) on the Main Market, with 267.6 million for retail (3.6%).
- Profit after tax rose from RM41.2 million in FY23 to RM231.8 million in FY26.
- The offer price, subscription period and listing date are not yet in the announcement.
- Maybank IB, RHB IB and AmInvest signed the retail underwriting agreement, with UBS as joint global coordinator.
Frequently Asked Questions
How many Big Caring Group IPO shares are open to retail investors?
The retail offering is 267.6 million shares, or 3.6% of enlarged issued shares. Of these, 147.6 million go to the public by balloting, and 120 million are reserved for directors, eligible employees and contributors.
Which market is Big Caring Group listing on?
BCG is listing on the Main Market of Bursa Malaysia. The announcement does not yet give a stock code or tentative listing date.
How much profit did Big Caring Group make in FY26?
Big Caring Group recorded profit after tax of RM231.8 million in FY26, up from RM41.2 million in FY23. Revenue reached RM4.0 billion in FY26.
How do I apply for the Big Caring Group IPO?
Apply through the M+ Global app using invitation code UBZQ, with a direct CDS account in your own name. You may submit only one application per IPO.
Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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