
GREEN TEA GROUP
Listing Date | 2025/05/16 |
Listing Price | 7.190 |
- Subscription Rate317.54x
- Guarantee One Lot Size15 lot
- One Lot Success Rate40%
Listing Date | 2025/05/16 |
Listing Price | 7.190 |
Green Tea Group Limited is a well-known operator of casual Chinese restaurants in Mainland China. The Group create customer value by providing fusion cuisine at accessible price points and decoration inspired by Chinese traditional culture. The Group opened its first Green Tea restaurant in 2008 in Hangzhou, and have built a national restaurant network.
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As of April 28, 2025, the Group’s restaurant network consisted of 493 restaurants and covering 21 provinces, four municipalities and two autonomous regions in the PRC, as well as Hong Kong. The Group primarily generated its revenue from restaurant operations and delivery service.
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The Group ranked third in terms of number of restaurants and fourth in terms of revenue among casual Chinese restaurant brands in Mainland China in 2024 and had a market share of 0.7%, according to the CIC Report.
Market | Hong Kong (Main Board) |
Business Nature | Hotels & Restaurants & Leisure |
Major Business Area | China |
Board Lot | 400 |
No. of Offer Shares | 168.36M shares |
No. of International Offer Shares | 84.18M shares |
No. of HK Offer Shares | 84.18M shares |
Offer Price | $7.19 |
Stock Code | 6831 |
Sponsor(s) | Citigroup Global Markets Asia Limited, CMB International Capital Limited |
Underwriter(s) | Citigroup Global Markets Asia Limited, CMB International Capital Limited, GF Securities (Hong Kong) Brokerage Limited, Guoyuan Securities Brokerage (Hong Kong) Limited, ABCI Securities Company Limited, Celestial Securities Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, First Shanghai Securities Limited, Futu Securities International (Hong Kong) Limited, Long Bridge HK Limited, Morton Securities Limited, Orient Securities (Hong Kong) Limited, Patrons Securities Limited, SDICS International Securities (Hong Kong) Limited, Zhongtai International Securities Limited |
Application Period | May 08 (Thu) - noon, May 13 (Tue) |
Price Determination Date | -- |
Result Announcement Date | On or before May 15 (Thu) |
Result Announcement Date | On or before May 15 (Thu) |
Result Announcement Date | On or before May 16 (Fri) |
Dealings in Shares commence on | May 16, 2025. (Fri) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $7.19 |
Capitalization | 4.84B |
NAV / share ($) | $2.40 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 7.19, the net proceeds raised would be HKD 745.70M, of which |
63.3% : Expansion of restaurant network |
26.3% : Establishment of centralized food processing facility |
5.4% : Upgrade IT system and related infrastructure |
5% : Working capital |
16/05/2025 16:08 |
{New Stock}GREEN TEA GROUP ends down 12.52% at HK$6.29 |
16/05/2025 09:20 |
{New Stock}GREEN TEA GROUP(06831) opens flat at HK$7.19 |
15/05/2025 18:35 |
{New Stock}GREEN TEA GROUP ends down 7.65% on grey market |
15/05/2025 16:20 |
{New Stock}GREEN TEA GROUP(06831) down 11.54% on grey market |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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