HERBS GROUP
Listing Date | 2024/12/19 |
Listing Price | 3.750 |
- Subscription Rate6,083.63x
- Guarantee One Lot Size1250 lot
- One Lot Success Rate3%
Listing Date | 2024/12/19 |
Listing Price | 3.750 |
Herbs Generation Group Holdings Limited is a provider of a variety of health supplements and cosmetics and skincare products in Hong Kong, established for over 20 years. The Group focuses on the development, sales and marketing of products under its own brands through a multi-channel sales model. The Group carried a total of eight own brands, namely Herbs; ZINO; Classic; Umeya; Energie; Men’s INFiNiTY; Regal Green and Herbs Pet.
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The Group’s products are primarily categorised into health supplements, mainly referring to orally consumed health products which generally take the forms of pills, tablets or liquids for oral intake, intending to supplement the diet and enhance the general physical health or specific body functions; cosmetics and skincare products, which mainly include beauty and skincare beauty products for external use for maintenance and/or improvement of skin conditions; and health supplements for pets, which mainly include orally consumed health products for pets, such as health supplements for the digestive health and anti-allergy function of pets.
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According to the F&S Report, the Group ranked the fifth in terms of retail sales value of immune system health supplements with a market share of approximately 4.9%, and the tenth in terms of retail sales value of health supplements with a market share of approximately 3.6%, among all international and local health supplement providers in Hong Kong in 2023. The Group’s customers consist of end-customers from the general public and wholesale customers including both chain and non-chain retailers. The Group had 33 self-operated stores and two brand experience centres.
Market | Hong Kong (Main Board) |
Business Nature | Health Care |
Major Business Area | Hong Kong |
Board Lot | 800 |
No. of Offer Shares | 33.33M shares |
No. of International Offer Shares | 16.67M shares |
No. of HK Offer Shares | 16.67M shares |
Offer Price | $3.75 - $4.15 |
Stock Code | 2593 |
Sponsor(s) | ABCI Capital Limited |
Underwriter(s) | ABCI Securities Company Limited, BOCOM International Securities Limited, China Sunrise Securities (International) Limited, Chiyu International Capital Limited, CMBC Securities Company Limited, Futu Securities International (Hong Kong) Limited, Get Nice Securities Limited, Livermore Holdings Limited, Phillip Securities (Hong Kong) Limited, Ruibang Securities Limited, Solomon JFZ (Asia) Holdings Limited, South China Securities Limited, SPDB International Capital Limited, Yue Xiu Securities Company Limited, Zheshang International Financial Holdings Co., Limited, Zhongtai International Securities Limited |
Application Period | Dec 11 (Wed) - noon, Dec 16 (Mon) |
Price Determination Date | Dec 17 (Tue) |
Result Announcement Date | On or before Dec 18 (Wed) |
Result Announcement Date | On or before Dec 18 (Wed) |
Result Announcement Date | On or before Dec 19 (Thu) |
Dealings in Shares commence on | Dec 19, 2024. (Thu) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $3.75 - $4.15 |
Capitalization | 500.00M - 553.30M |
NAV / share ($) | $1.30 - $1.40 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 3.95, the net proceeds raised would be HKD 102.00M, of which |
35.7% : Strategic marketing and promotion activities |
37.8% : Expanding, improving and optimising sales network |
4.7% : Expanding product portfolio |
12.4% : Talent recruitments to support self-operated stores and brand experience centres |
9.3% : Working capital |
19/12/2024 16:08 |
{New Stock}HERBS GROUP(02593) ends up 10.4% at HK$4.14 |
19/12/2024 09:20 |
{New Stock}HERBS GROUP(02593) opens up 25.07% at HK$4.69 |
18/12/2024 18:35 |
{New Stock}HERBS GROUP(02593) ends up 27.73% on grey market |
18/12/2024 16:20 |
{New Stock}HERBS GROUP up 30.13% at HK$4.88 on grey market |
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). |
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