02517 鍋圈
GUOQUAN
GUOQUAN
| Listing Date | 2023/11/02 |
| Listing Price | 5.980 |
Quote
Subscription Result
- Subscription Rate4.34x
- Guarantee One Lot Size6 lot
- One Lot Success Rate19.01%
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Guoquan Food (Shanghai) Co., Ltd. is the leading and a rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. It offers a wide variety of home meal products under the Guoquan Shihui (鍋圈食匯) brand through a nationwide network of 9,844 retail stores in China as of April 30, 2023, serving diverse dining scenarios.
--
The Group is the leading one-stop home meal products brand in China, ranking first among all retailers in China in 2022 in terms of retail sales value of home meal products, with a market share of 3.0% in China, according to Frost & Sullivan. It was the largest at-home hotpot and barbecue brand in China in 2022 in terms of retail sales value.
--
Its product portfolio comprises eight categories including hotpot products, barbecue products, beverages, solo-dining meals, ready-to-cook meal kits, fresh produce, western cuisines and snacks, totaling 710 SKUs as of April 30, 2023.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Food & Beverages |
| Major Business Area | China |
| Board Lot | 400 |
GLOBAL OFFERING
| No. of Offer Shares | 68.80M H shares |
| No. of International Offer Shares | 61.92M H shares |
| No. of HK Offer Shares | 6.88M H shares |
| Offer Price | $5.98 |
| Stock Code | 2517 |
| Sponsor(s) | Huatai Financial Holdings (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited |
| Underwriter(s) | Huatai Financial Holdings (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited, CMB International Capital Limited, Central China International Capital Limited, GF Securities (Hong Kong) Brokerage Limited, Lighthouse Capital (HK) Financial Limited, Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited, Livermore Holdings Limited, Silverbricks Securities Company Limited, Victory Securities Company Limited |
TIME TABLE
| Application Period | Oct 20 (Fri) - noon, Oct 26 (Thu) |
| Price Determination Date | Oct 26 (Thu) |
| Result Announcement Date | On or before Nov 01 (Wed) |
| Result Announcement Date | On or before Nov 01 (Wed) |
| Result Announcement Date | On or before Nov 01 (Wed) |
| Dealings in Shares commence on | Nov 02, 2023. (Thu) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $5.98 |
| Capitalization (H Shares) | 10.70B |
| NAV / share ($) | $1.12 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 5.98, the net proceeds raised would be HKD 365.50M, of which |
| 40% : Improve supply chain capabilities by enhancing production capacity and efficiency |
| 40% : Opening and operating self-operated stores |
| 10% : Build product R&D centers as well as upgrade and purchase related equipment |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).