Report
EUR 93.10
For Business Accounts Only
While the company didn’t have cornerstone investors in the deal, it did have a whole lot of pre-IPO investors. The lock-up on these pre-IPO investors, who own over 40% of the company will expire over the next few days.
We covered the IPO across a series of note, links to which are below:
Pop Mart Pre-IPO - Earnings growth has been stellar, but is it a retailer or brand owner?,
Pop Mart Pre-IPO - Peer set and valuation
Pop Mart Pre-IPO - PHIP updates - Still riding on past expansion
Pop Mart Pre-IPO - Valuation updates
Pop Mart IPO - Making you pay well for growth
Pop Mart IPO lock-up expiry
Pop Mart was listed in Dec 2020 when it raised around US$674m, by selling 9.8% stake. In this note, we'll talk about the upcoming lock-up expiry.While the company didn’t have cornerstone investors in the deal, it did have a whole lot of pre-IPO investors. The lock-up on these pre-IPO investors, who own over 40% of the company will expire over the next few days.
We covered the IPO across a series of note, links to which are below:
Pop Mart Pre-IPO - Earnings growth has been stellar, but is it a retailer or brand owner?,
Pop Mart Pre-IPO - Peer set and valuation
Pop Mart Pre-IPO - PHIP updates - Still riding on past expansion
Pop Mart Pre-IPO - Valuation updates
Pop Mart IPO - Making you pay well for growth
Underlying
Pop Mart
Provider
Aequitas Research
Aequitas Research is a leading ECM research firm with a focus on IPOs and placements/follow-on offerings across the Asia Pacific with deal size of over USD100m.
Since 2015, we have covered 400+ IPOs and 450+ placements with a hit rate of 73% and 65%, respectively. We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic analysis.
Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis. We also provide a more quant driven analysis on placement/follow-on offerings.
Markets that we cover include:
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.
Sumeet Singh
Other Reports on these Companies
Other Reports from Aequitas Research
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.