TIP - The Initiates Plc
The Initiates Plc is a Nigerian indigenous company delivering international standard contracting and consultancy services in waste management, industrial cleaning, and decontamination to both private and public sectors including the oil and gas industry. The company has multi-disciplinary and flexible workforce structure that is functional in a wide range of work environments, and driven by innovation, excellence and commitment.
The Initiates Plc is listed on the Nigerian Stock Exchange (NGX) since October 25th, 2016. The Initiates is traded on the NGX under the ticker symbol “TIP”. The International Securities Identification Number (ISIN) of NGX:TIP is NGINITSPLC05. The Initiates Plc is currently the 102nd most valuable stock on the NGX with a market capitalization of NGN 12 billion, which makes about 0.012% of the Nigerian Stock Exchange equity market.
| Live Trading Feed | |
|---|---|
| Opening Price | |
| Day’s Low Price | 14.00 |
| Day’s High Price | 14.40 |
| Traded Volume | 2.63M |
| Number of Deals | 390 |
| Gross Turnover | 37.5M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 890M |
| Market Capitalization | 12B |
TIP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +7.14% | +22.2% | -6.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| +42.1% | +484% | +1.5% |
The current share price of The Initiates Plc (TIP) is NGN 14.40. TIP closed its last trading day (Friday, January 2, 2026) at 13.50 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.5% gain over its previous closing price of 13.30 NGN. The Initiates began the year with a share price of 13.30 NGN and has since gained 1.5% on that price valuation, ranking it 44th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about TIP knowing the stock has accrued 22% over the past four-week period alone—25th best on NGX.
The Initiates is the 42nd most traded stock on the Nigerian Stock Exchange over the past three months (Oct 3, 2025 - Jan 2, 2026). TIP has traded a total volume of 196 million shares—in 12,881 deals—valued at NGN 2.34 billion over the period, with an average of 3.11 million traded shares per session. A volume high of 11.7 million was achieved on November 12th, and a low of 802,816 on October 29th, for the same period. The table below details the last 10 trading days of activity of The Initiates on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2026-01-02 | 2,024,128 | 13.50 | +0.20 | +1.50% |
| 2025-12-31 | 1,468,219 | 13.30 | +0.30 | +2.31% |
| 2025-12-30 | 2,254,084 | 13.00 | +0.50 | +4.00% |
| 2025-12-29 | 3,627,984 | 12.50 | -0.10 | -0.79% |
| 2025-12-24 | 965,850 | 12.60 | ||
| 2025-12-23 | 2,053,256 | 12.60 | +0.05 | +0.40% |
| 2025-12-22 | 1,198,625 | 12.55 | +0.05 | +0.40% |
| 2025-12-19 | 5,603,600 | 12.50 | +0.50 | +4.17% |
| 2025-12-18 | 3,739,592 | 12.00 | +0.40 | +3.45% |
| 2025-12-17 | 2,623,386 | 11.60 |
Profile of The Initiates Plc
The Initiates Plc operates in the Consumer Services sector.
Factsheet of The Initiates Plc
- Sector
- Consumer Services
- Industry
- —
- Address
- Plot 400 Location Road, Umuebule 5, Port Harcout, Rivers State, Nigeria
- Telephone
- +234-84-669-510
- Website
- www.initiatesgroup.com
TIP Industrial Market Competitors
The Initiates Plc, issuers of the TIP stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ABCTRANS | Associated Bus Company | 10.8B | 4.51 | +10% |
| REDSTAREX | Red Star Express Plc | 9.11B | 9.55 | +9.77% |
| EUNISELL | Eunisell Interlinked Plc | 29.8B | 126.00 | +9.57% |
| CILEASING | C&I Leasing Plc | 22.1B | 7.50 | +9.49% |
| CAVERTON | Caverton Offshore Support Group | 19.8B | 5.90 | +9.26% |
| IKEJAHOTEL | Ikeja Hotel Plc | 97.1B | 44.90 | +7.16% |
| TANTALIZER | Tantalizers Plc | 13.3B | 2.66 | +6.4% |
| DAARCOMM | Daar Communications | 11.8B | 0.98 | +5.38% |
| NSLTECH | Secure Electronic Technology | 4.51B | 0.80 | +5.26% |
| TRANSCOHOT | Transcorp Hotels Plc | 1.75T | 170.90 |