Mr. D.I.Y. files for IPO sale of no more than 981 million shares to SET

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Mr. D.I.Y. files with SEC to offer IPO shares not exceeding 981 million shares, appoints Bualuang Securities-CIMB as joint financial advisor, proceeds with listing on the Stock Exchange of Thailand

On September 6, 2567 , Mr. DIY Holdings (Thailand) Public Company Limited, or MR. DIY, filed a registration statement with the Securities and Exchange Commission of Thailand (SEC) to offer up to 981,482,654 ordinary shares to the public for the first time (IPO).

To proceed with the registration in the Stock Exchange of Thailand and appoint Bualuang Securities Public Company Limited and CIMB Thai Bank Public Company Limited as joint financial advisors.

MR. DIY is a home improvement and lifestyle retailer serving over 77 million customers nationwide per year. As of 2566, it currently has 802 branches covering 74 provinces nationwide and employs over 9,700 employees (as of June 30, 2567).

MR. DIY offers approximately 15,000 products in 5 main divisions:

  • household appliances
  • Hardware devices
  • Electrical appliances
  • Stationery and sports equipment
  • Toys and other categories

Mr. Chin Kwan-kui, CEO of MR. DIY, revealed that the company has been expanding rapidly, opening 121 new branches in 2564, 158 branches in 2565, and 184 branches in 2566. This represents a compound annual growth rate (CAGR) of 36.3% from 2564 to 2566.

According to a market research report by Frost & Sullivan, MR. DIY is a dominant market leader in the home furnishings and lifestyle goods business, holding a market share of 7.4%, reflecting a strong foundation.

Mr. Pichet Sittiamnuay, Managing Director of Bualuang Securities Public Company Limited, in his capacity as financial advisor, stated that Mr. DIY has submitted an application for permission to offer securities and a registration statement for the securities offering (filing) to the Securities and Exchange Commission (SEC) to request permission to offer his ordinary shares to the public for the first time (IPO).

At present, Mr. D.I.Y. Holding (Thailand) Public Company Limited has a registered capital of 3,038.5 million baht, divided into 6,077,097,000 ordinary shares with a par value of 0.50 baht per share.

The paid-up registered capital is 2,798.5 million baht, divided into 5,597,097,000 ordinary shares and will offer no more than 981,482,654 IPO shares, or no more than 16.31% of the total number of issued and paid-up ordinary shares of the Company after the issuance and offering of additional ordinary shares this time.

Mr. Konthee Prasertwong, Senior Vice President of CIMB Thai Bank Public Company Limited, speaking as the financial advisor, said that MR. DIY is a leading retailer of home improvement and general lifestyle products with strong growth potential in the home improvement retail industry, which is still underpenetrated and experiencing rapid growth.

From the direction of the home improvement retail industry, it is expected to have a compound annual growth rate (CAGR) of 5.1% from 2566 - 2571.

For the listing of MR. DIY on the Stock Exchange of Thailand, the purpose of using the funds is to invest in developing and expanding the company's business, repaying the company's loans, and using it as general working capital for the company's operations.

 

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