| Stock Name | Bloks |
|---|---|
| Stock Code | 00325 |
| Company Full Name | Bloks Group Limited |
| Industry | 玩具及消閑 |
| Principal Activities | 公司是中國拼搭角色類玩具的領導者，通過500多個的專利布局，原創IP能力，和與約50個知名IP的非獨家合作關系，聚焦為消費者提供好而不貴的廣泛拼搭角色類玩具產品并取得了快速成長。 |
| Listing Date | 2025-01-10 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國上海市閔行區田林路1016號10幢 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | https://m.blokees.com.cn/#/index |
| Share Registrar | 香港中央證券登記有限公司 (Computershare Hong Kong Investor Services Limited) |
| Registrar Contact | (852)2862 8628 |
| A-Share/US Dual Listing | No |
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 60.35 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | 2024-12-31 to 2025-01-07 |
| 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) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 23.2% |
| Clawback Tiers | To be extracted |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 727,839,105 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 300 | HK$ 18,105 |
| 2 lots | 600 | HK$ 36,210 |
| 3 lots | 900 | HK$ 54,315 |
| 4 lots | 1,200 | HK$ 72,420 |
| 5 lots | 1,500 | HK$ 90,525 |
| 6 lots | 1,800 | HK$ 108,630 |
| 7 lots | 2,100 | HK$ 126,735 |
| 8 lots | 2,400 | HK$ 144,840 |
| 9 lots | 2,700 | HK$ 162,945 |
| 10 lots | 3,000 | HK$ 181,050 |
| 15 lots | 4,500 | HK$ 271,575 |
| 20 lots | 6,000 | HK$ 362,100 |
| 25 lots | 7,500 | HK$ 452,625 |
| 30 lots | 9,000 | HK$ 543,150 |
| 35 lots | 10,500 | HK$ 633,675 |
| 40 lots | 12,000 | HK$ 724,200 |
| 45 lots | 13,500 | HK$ 814,725 |
| 50 lots | 15,000 | HK$ 905,250 |
| 60 lots | 18,000 | HK$ 1,086,300 |
| 70 lots | 21,000 | HK$ 1,267,350 |
| 80 lots | 24,000 | HK$ 1,448,400 |
| 90 lots | 27,000 | HK$ 1,629,450 |
| 100 lots | 30,000 | HK$ 1,810,500 |
| 150 lots | 45,000 | HK$ 2,715,750 |
| 200 lots | 60,000 | HK$ 3,621,000 |
| 250 lots | 75,000 | HK$ 4,526,250 |
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 300 lots | 90,000 | HK$ 5,431,500 |
| 350 lots | 105,000 | HK$ 6,336,750 |
| 400 lots | 120,000 | HK$ 7,242,000 |
| 450 lots | 135,000 | HK$ 8,147,250 |
| 500 lots | 150,000 | HK$ 9,052,500 |
| 600 lots | 180,000 | HK$ 10,863,000 |
| 700 lots | 210,000 | HK$ 12,673,500 |
| 800 lots | 240,000 | HK$ 14,484,000 |
| 900 lots | 270,000 | HK$ 16,294,500 |
| 1,000 lots | 300,000 | HK$ 18,105,000 |
| 2,000 lots | 600,000 | HK$ 36,210,000 |
| 3,000 lots | 900,000 | HK$ 54,315,000 |
| 4,020 lots | 1,206,000 | HK$ 72,782,100 |
| HK Market Cap | HK$ 19.84B |
|---|---|
| Analysis Result | Already included in Stock Connect (both, shenzhen, shanghai) |
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | Not disclosed |
| P/E Ratio | Not disclosed |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | ~HK$ 105,200,000 |
| Listing Expenses / Funds Raised | ~7.5% |
| Total Pre-IPO Investment | To be extracted |
| First Day Close | HK$ 85.0 |
|---|---|
| First Day Open | HK$ 109.6 |
| First Day Change | 40.85% |
| First Day Volume | 26806300.0 |
| First Day Turnover | 2676230000.0 |
| Use of Proceeds | 1、約25%或323百萬港元將用于增強產品設計及開發相關的研發能力； 2、約25%或323百萬港元將用于投資核心生產資源和專注生產拼搭角色類玩具的自有規模化工廠，以貫徹全人群、全價位、全球化增長戰略，以及擴張及優化生產資源； 3、約20%或259百萬港元將用于進一步豐富IP矩陣，以開展增長策略； 4、約20%或259百萬港元將用于銷售和營銷活動，尤其是內容驅動的營銷活動，以提高品牌的知名度和產品的受歡迎度； 5、約10%或129百萬港元將用于營運資金和其他一般企業用途。 |
|---|
| Role | Institution |
|---|---|
| Legal Advisor to Company |
Freshfields Jingtian & Gongcheng Campbells |
| Legal Advisor to Sponsors/Underwriters |
高伟绅律师行 King & Wood |
| Auditor and Reporting Accountant | Ernst & Young |
| Industry Advisor | Frost & Sullivan (Beijing) Inc., Shanghai Branch Co. |
| Receiving Banks | Bank of China (Hong Kong) Limited |
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | UBS Asset Management (Singapore) Ltd. | 155,377,110 HKD | — | 9.28% | — | 6 months | 2025-07-10 |
| 2 | 富国基金管理有限公司 | 54,369,315 HKD | — | 3.25% | — | 6 months | 2025-07-10 |
| 3 | 富国资产管理(香港)有限公司 | 23,301,135 HKD | — | 1.39% | — | 6 months | 2025-07-10 |
| 4 | 景林资产管理香港有限公司 | 155,377,110 HKD | — | 9.28% | — | 6 months | 2025-07-10 |
| Chairman | 朱偉松 |
|---|---|
| Company Secretary | 朱元成,余詠詩 |
| Major Shareholders & Holdings | Next Bloks Limited(45.82%),First Prosperity Limited(8.83%),Idea Great Limited(6.05%),BlueCo Investment L.P.(5.08%) |
|---|
市场情绪
The IPO for 布鲁可 (00325) saw an extraordinary oversubscription ratio of 5999.96 times, indicating overwhelming retail enthusiasm. Despite this extreme demand, the hit rate of 31.69% is unusually high for such a heavily oversubscribed offer, suggesting a large allocation to the public tranche or a unique distribution structure. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
申购档位分析
No tier-level application or allocation data is available for this IPO, making it impossible to analyze distribution anomalies such as 甲尾-乙头 inefficiencies or winner ratios. Without detailed breakdowns, broker fee efficiency across tiers cannot be assessed, though high oversubscription typically amplifies such effects. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
申购人群画像
Demographic data for this IPO is missing or was not disclosed (total holders and mainland participation both reported as 0). While Hong Kong IPOs often see significant mainland China interest, especially in hot offerings, no conclusions can be drawn here due to the lack of available figures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
