IPO Timeline
Broker Results (T-2)
2023-01-12
Some brokers release in afternoon
Grey Market (T-1)
2023-01-13
Afternoon
HKEX Allotment (T-1)
2023-01-13
Evening
Registrar Allotment (T-1)
2023-01-13
Evening
Listing Day (T)
2023-01-16
First day of trading
Company Overview
| Stock Name | 百果园集团 |
|---|---|
| Stock Code | 02411 |
| Company Full Name | 百果园集团 |
| Industry | 零售 |
| Principal Activities | 公司是中國最大的水果零售經營商，擁有多個全國知名的水果品類品牌和渠道品牌，經營中國最大的貼近小區、線上線下一體化及店倉一體化的水果專營零售網絡，為消費者提供及時達、次日達等靈活的配送服務。 |
| Listing Date | 2023-01-16 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國廣東省深圳市龍崗區南灣街道下李朗小區平吉大道1號建升大廈B座B1101-1103、B1105-1113、B1115-1122、B1201-1203、B1205-1213、B1215-1217 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | https://www.pagoda.com.cn/ |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2862 8628 |
| A-Share/US Dual Listing | No data |
Offering Information
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 5.60 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | To be extracted |
| Global Offering Shares | To be extracted |
| HK Public Offer Shares (Initial) | To be extracted |
| Public Offer Lots (Initial) | To be extracted |
| International Placing Shares (Initial) | To be extracted |
| Offer Ratio | To be extracted |
| Total Shares Post-IPO | To be extracted |
| Greenshoe (Over-allotment Option) | To be confirmed |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 33.9% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 44,212,000 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 500 | HK$ 2,800 |
| 2 lots | 1,000 | HK$ 5,600 |
| 3 lots | 1,500 | HK$ 8,400 |
| 4 lots | 2,000 | HK$ 11,200 |
| 5 lots | 2,500 | HK$ 14,000 |
| 6 lots | 3,000 | HK$ 16,800 |
| 7 lots | 3,500 | HK$ 19,600 |
| 8 lots | 4,000 | HK$ 22,400 |
| 9 lots | 4,500 | HK$ 25,200 |
| 10 lots | 5,000 | HK$ 28,000 |
| 12 lots | 6,000 | HK$ 33,600 |
| 14 lots | 7,000 | HK$ 39,200 |
| 16 lots | 8,000 | HK$ 44,800 |
| 18 lots | 9,000 | HK$ 50,400 |
| 20 lots | 10,000 | HK$ 56,000 |
| 30 lots | 15,000 | HK$ 84,000 |
| 40 lots | 20,000 | HK$ 112,000 |
| 50 lots | 25,000 | HK$ 140,000 |
| 60 lots | 30,000 | HK$ 168,000 |
| 70 lots | 35,000 | HK$ 196,000 |
| 80 lots | 40,000 | HK$ 224,000 |
| 90 lots | 45,000 | HK$ 252,000 |
| 100 lots | 50,000 | HK$ 280,000 |
| 120 lots | 60,000 | HK$ 336,000 |
| 140 lots | 70,000 | HK$ 392,000 |
| 160 lots | 80,000 | HK$ 448,000 |
| 180 lots | 90,000 | HK$ 504,000 |
| 200 lots | 100,000 | HK$ 560,000 |
| 400 lots | 200,000 | HK$ 1,120,000 |
| 600 lots | 300,000 | HK$ 1,680,000 |
| 800 lots | 400,000 | HK$ 2,240,000 |
| 1,000 lots | 500,000 | HK$ 2,800,000 |
| 1,200 lots | 600,000 | HK$ 3,360,000 |
| 1,400 lots | 700,000 | HK$ 3,920,000 |
| 1,600 lots | 800,000 | HK$ 4,480,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,800 lots | 900,000 | HK$ 5,040,000 |
| 2,000 lots | 1,000,000 | HK$ 5,600,000 |
| 7,895 lots | 3,947,500 | HK$ 22,106,000 |
Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | HK$ 6.0 |
|---|---|
| First Day Open | HK$ 6.52 |
| First Day Change | 7.14% |
| First Day Volume | 19622600.0 |
| First Day Turnover | 128737000.0 |
Use of Proceeds
| Use of Proceeds | 1、估計所得款項凈額的約45.0%，即約164.7百萬港元，將用于改善及加強我們的運營及供應鏈體系，主要通過加強研發能力、培育自有品牌產品、系統性優化加工、分配物流及倉儲系統以及會員管理； 2、估計所得款項凈額的約25.0%，即約91.5百萬港元，將用于升級和改進我們的核心IT系統及基礎設施（主要為中臺）； 3、估計所得款項凈額的約25.0%，即約91.5百萬港元，將用于償還我們部分以下有息銀行借款； 4、估計所得款項凈額的約5.0%，即約18.3百萬港元，將用作我們的營運資金及一般公司用途。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
摩根士丹利亚洲有限公司 CE AAD291
Overall Coordinators (1)
摩根士丹利亚洲有限公司 CE AAD291
Joint Bookrunners (2)
摩根士丹利亚洲有限公司 CE AAD291
招银国际融资有限公司 CE AVM940
Joint Lead Managers (6)
摩根士丹利亚洲有限公司 CE AAD291
招银国际融资有限公司 CE AVM940
复星国际证券有限公司 CE AAF432
第一上海证券有限公司 CE ABV488
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 南通道森钻采设备有限公司 | 49,999,600 HKD | — | 11.31% | — | 6 months | 2023-07-16 |
| 2 | 香港百嘉达新材料有限公司 | 49,999,600 HKD | — | 11.31% | — | 6 months | 2023-07-16 |
| 3 | 叶荣巨 | 49,999,600 HKD | — | 11.31% | — | 6 months | 2023-07-16 |
Directors & Management
| Chairman | 余惠勇 |
|---|---|
| Company Secretary | 付小艷 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 余惠勇(24.32%);天圖集團(11.19%);深圳市宏愿善果投資發展企業(有限合伙)(8.22%);深圳市恒義利投資發展中心(有限合伙)(7.64%) |
|---|
Subscription Tiers
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