MAO GEPING
Listing Date | 2024/12/10 |
Listing Price | 29.800 |
- Subscription Rate919.18x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
Listing Date | 2024/12/10 |
Listing Price | 29.800 |
Mao Geping Cosmetics Co., Ltd. is the leading Chinese premium beauty group. Founded in 2000 by a renowned makeup artist in China’s beauty industry, Mr. Mao Geping. The Group is the only domestic market player among the top ten premium beauty groups in China, ranking seventh based on the total retail sales of all premium brands owned by each group in 2023 with a market share of 1.8%, according to Frost & Sullivan.
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The Group primarily operates two beauty brands: its flagship brand MAOGEPING and Love Keeps. The Group offers a selective portfolio of color cosmetics and skincare products under each brand, speaking to different consumer demographics. The Group primarily derived its revenue from product sales of MAOGEPING.
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As of June 30, 2024, the Group product portfolio comprised 387 SKUs across both categories. The Group had the second-largest self-operated counter network among all beauty brands in China, which consisted of 372 counters nationwide.
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The Group’s customers primarily comprise individual consumers and corporate customers, which primarily include offline retailers, including a premium multinational beauty retailer, and offline and online distributors.
Market | Hong Kong (Main Board) |
Business Nature | Household & Personal Products |
Major Business Area | China |
Board Lot | 100 |
No. of Offer Shares | 78.42M H shares |
No. of International Offer Shares | 39.21M H shares |
No. of HK Offer Shares | 39.21M H shares |
Offer Price | $26.30 - $29.80 |
Stock Code | 1318 |
Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited |
Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, China Galaxy International Securities (Hong Kong) Co., Limited, Huatai Financial Holdings (Hong Kong) Limited, Guotai Junan Securities (Hong Kong) Limited, CCB International Capital Limited, ABCI Securities Company Limited, CMBC Securities Company Limited, Tiger Brokers (HK) Global Limited, Futu Securities International (Hong Kong) Limited, Livermore Holdings Limited |
Application Period | Dec 02 (Mon) - noon, Dec 05 (Thu) |
Price Determination Date | Dec 06 (Fri) |
Result Announcement Date | On or before Dec 09 (Mon) |
Result Announcement Date | On or before Dec 09 (Mon) |
Result Announcement Date | On or before Dec 10 (Tue) |
Dealings in Shares commence on | Dec 10, 2024. (Tue) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $26.30 - $29.80 |
Capitalization (H Shares) | 6.37B - 7.22B |
NAV / share ($) | $6.1 - $6.6 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 28.05, the net proceeds raised would be HKD 1.84B, of which |
25% : Expanding sales network |
20% : Branding activities |
15% : Overseas expansion and acquisitions |
10% : Strengthening production and supply chain capabilities |
9% : Enhancing product design and development capabilities |
6% : Used for makeup artistry training institutes |
5% : Digitizing operations and information infrastructure |
10% : Working capital |
10/12/2024 16:08 |
{New Stock}MAO GEPING(01318) ends up 76.51% at HK$52.6 |
10/12/2024 09:20 |
{New Stock}MAO GEPING(01318) opens up 59.9% at HK$47.65 |
09/12/2024 18:35 |
{New Stock}MAO GEPING ends up 54.36% at HK$46 on grey market |
09/12/2024 16:20 |
{New Stock}MAO GEPING up 39.93% at HK$41.7 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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