Sections

    1. Investment Snapshot

    2. Price Chart

    3. Valuation & Price Target

    4. Business & Product Moat

    5. Market & Macro

    Discussion


Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion

Founder Group Ltd

Investment Snapshot

Symbol

FGL

IPO Date (Actual)

2024-10-23

Offer Range

$4.00

Shares Offered

1.2M

Total Shares Post-IPO

18.1M

Market Cap

Target Price
$00.00

Implied Upside vs Midpoint

$00.00

Use of Proceeds

Price Chart

Historic Price Chart - FGL
Valuation & Price Target

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Business & Product Moat

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Competitor Set
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Market & Macro

Sector context: Construction - Special Trade Contractors

Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.

Median IPO open → current
+56.3%
win 50% · n=2
Median first month
+78.3%
win 100% · n=2
CompanyIPO DateOpen → CurrentFirst Month

LGN

Legence Corp.
2025-09-12+202.2%+15.6%

MSGY

Masonglory Ltd
2025-07-08-89.6%+141.0%

Discussion

Founder Group Ltd (FGL) IPO | IPOSignal