| Stock Name | Numans |
|---|---|
| Stock Code | 02530 |
| Company Full Name | Numans Health Food Holdings Company Limited |
| Industry | 食品飲料 |
| Principal Activities | 公司是一家高端母嬰食品營銷公司，主營紐曼思全系列食品，所有產品原料均來自行業內全球知名品牌。 |
| 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) | 中國上海市浦東新區五星路706弄8號樓 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | https://www.numans.cc/ |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2980 1333 |
| A-Share/US Dual Listing | No |
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 0.80 / shares |
| Offer Price Range | HK$ 0.80 - 1.09 |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | To be extracted |
| 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 | No cornerstone investors |
| Clawback Tiers | To be extracted |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 80,000,000 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 8,000 | HK$ 8,720 |
| 2 lots | 16,000 | HK$ 17,440 |
| 3 lots | 24,000 | HK$ 26,160 |
| 4 lots | 32,000 | HK$ 34,880 |
| 5 lots | 40,000 | HK$ 43,600 |
| 6 lots | 48,000 | HK$ 52,320 |
| 7 lots | 56,000 | HK$ 61,040 |
| 8 lots | 64,000 | HK$ 69,760 |
| 9 lots | 72,000 | HK$ 78,480 |
| 10 lots | 80,000 | HK$ 87,200 |
| 15 lots | 120,000 | HK$ 130,800 |
| 20 lots | 160,000 | HK$ 174,400 |
| 25 lots | 200,000 | HK$ 218,000 |
| 30 lots | 240,000 | HK$ 261,600 |
| 35 lots | 280,000 | HK$ 305,200 |
| 40 lots | 320,000 | HK$ 348,800 |
| 45 lots | 360,000 | HK$ 392,400 |
| 50 lots | 400,000 | HK$ 436,000 |
| 60 lots | 480,000 | HK$ 523,200 |
| 70 lots | 560,000 | HK$ 610,400 |
| 80 lots | 640,000 | HK$ 697,600 |
| 90 lots | 720,000 | HK$ 784,800 |
| 100 lots | 800,000 | HK$ 872,000 |
| 200 lots | 1,600,000 | HK$ 1,744,000 |
| 300 lots | 2,400,000 | HK$ 2,616,000 |
| 400 lots | 3,200,000 | HK$ 3,488,000 |
| 500 lots | 4,000,000 | HK$ 4,360,000 |
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 600 lots | 4,800,000 | HK$ 5,232,000 |
| 700 lots | 5,600,000 | HK$ 6,104,000 |
| 800 lots | 6,400,000 | HK$ 6,976,000 |
| 900 lots | 7,200,000 | HK$ 7,848,000 |
| 1,000 lots | 8,000,000 | HK$ 8,720,000 |
| 1,125 lots | 9,000,000 | HK$ 9,810,000 |
| 1,250 lots | 10,000,000 | HK$ 10,900,000 |
| 1,375 lots | 11,000,000 | HK$ 11,990,000 |
| 1,562 lots | 12,496,000 | HK$ 13,620,640 |
| HK Market Cap | HK$ 625.4M |
|---|
| 26Q2 Regular Review | |
| Inclusion Pathway | Small Cap Regular Path |
|---|---|
| Est. Threshold | HK$ 10.47B Market cap gap 94% |
| Analysis Result | Market cap below threshold (gap 94%) |
| 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 | RMB 262.56 million |
| Listing Expenses | ~HK$ 81,200,000 |
| Listing Expenses / Funds Raised | ~34.2% |
| Total Pre-IPO Investment | To be extracted |
| First Day Close | HK$ 0.69 |
|---|---|
| First Day Open | HK$ 0.79 |
| First Day Change | -13.75% |
| First Day Volume | 123024000.0 |
| First Day Turnover | 89626200.0 |
| Use of Proceeds | 1、約63.5%或99.3百萬港元將用于通過不同的營銷方法加大營銷力度，以提高品牌的公眾知名度； 2、約36.5%或57.0百萬港元將用于在香港推廣產品，并將銷售網絡擴展到香港。 |
|---|
| Chairman | 王平 |
|---|---|
| Company Secretary | 鄭璟瑭 |
| Major Shareholders & Holdings | 遠東財富管理(中國)有限公司(75%) |
|---|
市场情绪
The IPO of 纽曼思 (02530) saw robust retail demand with a 65.17x oversubscription ratio, indicating widespread enthusiasm. Despite this, the overall hit rate of 63.79% suggests that many small applicants received allocations, likely due to the old Mechanism A and reallocation to the public tranche. Final pricing at HK$0.80 added to accessibility. (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
At the A-tail, applications of 5,600,000 shares received an expected 1 lot, while B-head applications of 6,400,000 shares also received 1 lot—an equal allocation despite a 14% higher capital commitment. This inefficiency makes B-head participation relatively unattractive, as the additional funds do not increase the expected share count. Broker fee impact may further reduce net returns for the larger application. (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
Mainland Chinese investors dominated the applicant pool at 80.4%, reflecting strong cross-border interest in this Hong Kong IPO. Demographic data shows a skew toward male participants (62.3%) with an average age of 42.6, typical of experienced retail investors. While regional breakdown is not provided, high mainland participation often signals concentration from Guangdong province. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
