沪上阿姨 02589Prospectus Information

Prospectus Information
IPO Timeline
Broker Deadline
2025-05-02
Morning deadline
HKEX Deadline
2025-05-02
Noon deadline
Broker Results (T-2)
2025-05-06
Some brokers release in afternoon
Grey Market (T-1)
2025-05-07
Afternoon
HKEX Allotment (T-1)
2025-05-07
Evening
Registrar Allotment (T-1)
2025-05-07
Evening
Listing Day (T)
2025-05-08
First day of trading
Company Overview
Stock Name沪上阿姨
Stock Code02589
Company Full Name沪上阿姨
IndustryConsumer Staples
Principal Activities我們是一家現製飲品公司,根據灼識諮詢,截至2022年及2023年12月31日,我們經營着分別為中國第五及第四大的現製茶飲店網絡,並於下沉市場擁有龐大網絡,且我們的收入絕大部分來自加盟業務,主要包括(i)向加盟商銷售貨物,包括食材、包裝及其他原材料,以及設備;及(ii)加盟服務。
Listing Date2025-05-08
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國上海市 金山區朱涇鎮 沈浦涇路28號 一樓124室
Business Address (Hong Kong)香港 灣仔 皇后大道東248號 大新金融中心40樓
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehsay.com
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact卓佳证券登记有限公司,香港金钟道89号力宝中心1座31楼3101-3103室
A-Share/US Dual ListingNo
Offering Information
Offering Mechanism Mechanism B
Offer PriceHK$ 113.12 / shares
Offer Price RangeTo be extracted
Lot Size30 shares
Entry ThresholdTo be extracted
Par ValueRMB 1.0 / shares
Offer Period2025-04-28 to 2025-05-02
Global Offering SharesTo 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 RatioTo be extracted
Total Shares Post-IPO104,841,340 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share26.0%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 136,385,390
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 SubscribedShares SubscribedSubscription Amount (HKD)
1 lots 30 HK$ 0
2 lots 60 HK$ 0
3 lots 90 HK$ 0
4 lots 120 HK$ 0
5 lots 150 HK$ 0
6 lots 180 HK$ 0
7 lots 210 HK$ 0
8 lots 240 HK$ 0
9 lots 270 HK$ 0
10 lots 300 HK$ 0
15 lots 450 HK$ 0
20 lots 600 HK$ 0
25 lots 750 HK$ 0
30 lots 900 HK$ 0
35 lots 1,050 HK$ 0
40 lots 1,200 HK$ 0
45 lots 1,350 HK$ 0
50 lots 1,500 HK$ 0
60 lots 1,800 HK$ 0
70 lots 2,100 HK$ 0
80 lots 2,400 HK$ 0
90 lots 2,700 HK$ 0
100 lots 3,000 HK$ 0
150 lots 4,500 HK$ 0
200 lots 6,000 HK$ 0
250 lots 7,500 HK$ 0
300 lots 9,000 HK$ 0
350 lots 10,500 HK$ 0
400 lots 12,000 HK$ 0
450 lots 13,500 HK$ 0
500 lots 15,000 HK$ 0
600 lots 18,000 HK$ 0
700 lots 21,000 HK$ 0
800 lots 24,000 HK$ 0
900 lots 27,000 HK$ 0
1,000 lots 30,000 HK$ 0
1,500 lots 45,000 HK$ 0
2,000 lots 60,000 HK$ 0
2,500 lots 75,000 HK$ 0
3,000 lots 90,000 HK$ 0
3,500 lots 105,000 HK$ 0
4,019 lots 120,570 HK$ 0
Valuation & Financials
Market Cap (at Offer Price)To be extracted
Pre-IPO Valuation (Last Round)To be extracted
P/E Ratio不适用(公司处于亏损状态)
Profit/Loss Status盈利约人民币328.9百万元
Period-End Cash Balance人民币193,000,000元
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 158.4
First Day OpenHK$ 190.6
First Day Change40.03%
First Day Volume3268380.0
First Day Turnover567840000.0
Underwriting Syndicate
Joint Sponsors (3)
中信证券(香港)有限公司 CE AAK249 海通国际资本有限公司 CE ADQ859 东方融资(香港)有限公司 CE BDN128
Sponsor cum Overall Coordinator (1)
中信里昂证券有限公司 CE AAB893
Overall Coordinators (1)
中信里昂证券有限公司 CE AAB893
Joint Global Coordinators (3)
中信里昂证券有限公司 CE AAB893 海通国际证券有限公司 CE AAF806 东方证券(香港)有限公司 CE AVD362
Joint Bookrunners (9)
中信里昂证券有限公司 CE AAB893 海通国际证券有限公司 CE AAF806 东方证券(香港)有限公司 CE AVD362 工银国际证券有限公司 CE ARO299 招商证券(香港)有限公司 CE AAI650 民银证券有限公司 CE APU820 万基证券有限公司 CE ACP776 东吴证券国际经纪有限公司 CE AYA587 老虎证券(香港)环球有限公司 CE BMU940
Joint Lead Managers (9)
中信里昂证券有限公司 CE AAB893 海通国际证券有限公司 CE AAF806 东方证券(香港)有限公司 CE AVD362 工银国际证券有限公司 CE ARO299 招商证券(香港)有限公司 CE AAI650 民银证券有限公司 CE APU820 万基证券有限公司 CE ACP776 东吴证券国际经纪有限公司 CE AYA587 老虎证券(香港)环球有限公司 CE BMU940
Capital Market Intermediaries (7)
中信里昂证券有限公司 CE AAB893 工银国际证券有限公司 CE ARO299 招商证券(香港)有限公司 CE AAI650 民银证券有限公司 CE APU820 万基证券有限公司 CE ACP776 东吴证券国际经纪有限公司 CE AYA587 老虎证券(香港)环球有限公司 CE BMU940
Service Providers
RoleInstitution
Legal Advisor to Company 高伟绅律师行
中伦律师事务所
Legal Advisor to Sponsors/Underwriters 富而德律师事务所
君合律师事务所
Auditor and Reporting Accountant 安永会计师事务所
Industry Advisor 灼识企业管理咨询(上海)有限公司
Receiving Banks 招商永隆银行有限公司
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 华置贸易有限公司 21,328,776 HKD 7.82% 6 months 2025-11-08
2 盈峰控股(香港)有限公司 49,499,050 HKD 18.15% 6 months 2025-11-08
Directors & Management
Chairman单卫钧
Company Secretary王娟
No director data available.
Major Shareholders
Major Shareholders & Holdings單先生與周女士憑藉一致行動人士協議,通過上海璞海、上海森芮及上海禹超分別持有本公司已發行股本約45.97%、17.86%及16.80%,合共有權控制全部已發行股本約80.64%的投票權。
AI AI Analysis
!
The following content is generated by an AI model based on historical IPO data. It does NOT constitute investment advice, solicitation, or recommendation. Past subscription patterns and post-listing performance do not guarantee future results. Data may contain inaccuracies — always verify against official HKEX filings and prospectuses before making any investment decision.

Market Sentiment

The IPO of Auntie Shanghai (02589) saw extreme enthusiasm with an oversubscription ratio of 3,616.83 times, indicating very strong retail demand. Despite the high subscription, the overall hit rate was 22.12%, which is relatively high compared to typical mega-oversubscribed IPOs where hit rates often fall below 10%. The reallocation from international to Hong Kong offering reflects overwhelming local interest. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A notable tier inefficiency exists: investors applying for 30,000 lots (甲尾) received an average of only 0.4001 lots, while those in the first B-tier (乙头) with 45,000 lots received exactly 1.0 lot, representing a disproportionate jump in allocation efficiency. This suggests that for large applications, crossing into B-tier dramatically improved the expected allotment, making the A-tail relatively unattractive from a cost-benefit perspective. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

The provided data does not include detailed demographic breakdowns such as mainland China participation, gender, or regional distribution, so no specific patterns can be highlighted. Typically, for Hong Kong IPOs with such high oversubscription, mainland investor participation tends to be significant, but without data, it remains unknown. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Subscription Tiers
IPO Timeline
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