Bangkok: The Stock Exchange of Thailand (SET) welcomes Mr. D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), a prominent retailer of home furnishings and lifestyle products, to commence trading on November 5, 2025. The company plans to utilize the funds raised to expand its branch network and develop an automated warehouse system.
According to Thai News Agency, Mr. Sorawit Krairiksh, Deputy Managing Director of the Issuer and Marketing Division at SET, expressed enthusiasm for MRDIYT’s listing in the Services Group, Commerce Sector, under the abbreviation “MRDIYT”. The capital raised will be directed towards enhancing branch expansion, developing automated warehouse systems, and expanding distribution channels, aligning with the company’s business plan to achieve 1,500 branches within three years.
MRDIYT, established in 2016, operates a retail business under the “MR. DIY” brand, boasting the largest and fastest-growing network in Thailand with 1,027 stores across 77 provinces. The company offers a diverse product range of over 16,000 items across six core categories, maintaining its mission of “Always Low Prices”.
Mr. Andy Chin Kwangui, CEO of MRDIYT, highlighted the significance of the SET listing as a crucial step in driving the company’s growth strategy and strengthening its market position. The successful fundraising round reflects investor confidence in the company’s long-term vision, robust business model, and dedicated team. MRDIYT is committed to creating sustainable value for shareholders and enhancing the quality of life for its customers.
The company’s paid-up capital stands at 3,008 million baht post-IPO, with a par value of 0.50 baht per share. Up to 655 million newly issued ordinary shares were offered between October 20-29, 2025, at a final price of 8.60 baht per share, raising 5,633 million baht in capital, with a market capitalization of 51,747 million baht at the IPO price. The price-to-earnings ratio is 23.09, based on the net profit from the last four quarters. Financial advisors include Bualuang Securities Public Company Limited and CIMB Thai Bank Public Company Limited, with Bualuang Securities Public Company Limited and CGS International Securities (Thailand) Company Limited acting as underwriters.
Post-IPO, the major shareholders include the group of Mr. Tan Yu Yeh and Mr. Tan Yu Wei holding 34.23% of shares, Mr. D.I.Y. Company Limited with 25.09%, and the group of Mr. Chomphong and Ms. Thitanan holding 18.99%. The company maintains a dividend payment policy of not less than 40% of net profit, considering various factors for the benefit of the business and shareholders.