Magnitude International Ltd.
General Information | |
Business: | (Incorporated in the Cayman Islands)Our mission is to become one of the leading integrated one-stop electrical installation services providers in Singapore. Our emphasis is to add value to all stakeholders by ensuring that all buildings that we have serviced are safe, functional and energy efficient.We have over 12 years of experience providing electrical installation services to customers in both the private and public sectors in Singapore.During our operating history, we have been principally engaged in the provision of electrical installation for private and public housing, including condominiums, residential flats and bungalows, as well as for commercial and mixed-use developments and public facilities such as parks and bus interchanges. We have installed generators, transformers, high and low tension systems, lightning protection systems, underground infrastructures, telecommunication systems, security systems, solar panel systems, capacitor banks, fire alarms and electric vehicle chargers. We have also done rewiring and replacement/removal/shifting/upgrading/addition of sub main cables, low and high tension switchgears, distribution boards, control panels, emergency switchboards, standby emergency generators and lighting for residential and commercial buildings as well as a wide range of other properties, including hotels, shopping malls, hospitals, government facilities, restaurants and mass rapid transit stations in a range of greenfield and brownfield electrical installation projects.We generally act as the main electrical contractor in a construction project regardless of whether it is a greenfield site (generally greenfield sites have never been been built on) or a brownfield site (typically located in urban areas).Note: Net income and revenue are in U.S. dollars for the 12 months that ended April 30, 2025.(Note: Magnitude International Ltd. priced its small IPO at $4.00 – the low end of the $4.00-to-$5.00 price range – and sold 2.2 million shares – the number of shares in the prospectus – to raise $8.8 million on Monday night, Aug. 11, 2025. Background: Magnitude International Ltd. disclosed the terms for its small IPO on June 6, 2025, in an F-1 filing: The IPO consists of 2.2 million ordinary shares at a price range of $4.00 to $5.00 to raise $9.9 million. Of the 2.2 million shares in the IPO, Magnitude is offering 1.65 million shares and the selling shareholder is offering 550,000 shares.)
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Industry: | Electrical Installation Services |
Employees: | 65 |
Founded: | 2012 |
Contact Information | |
Address | 27 Woodlands Industrial Park E1 #03-15 (Lobby B) Hiangkie Industrial Building Singapore 757718 Tel: (65) 6684 8428Singapore |
Phone Number | + (65) 6684 8428 |
Web Address | https://www.bnlengrg.com/ |
View Prospectus: | Magnitude International Ltd. |
Financial Information | |
Market Cap | $140.0mil |
Revenues | $17.75 mil (last 12 months) |
Net Income | $1.47 mil (last 12 months) |
IPO Profile | |
Symbol | MAGH |
Exchange | NASDAQ |
Shares (millions): | 2.2 |
Price range | $4.00 - $4.00 |
Est. $ Volume | $8.8 mil |
Manager / Joint Managers | Bancroft Capital |
CO-Managers | |
Expected To Trade: | 8/12/2025 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |