
SAINT BELLA
Register Close | 2025/06/23 IPO Closing in 3 Days |
Listing Date | 2025/06/26 |
Register Close | 2025/06/23 IPO Closing in 3 Days |
Listing Date | 2025/06/26 |
SAINT BELLA Inc. is a postpartum care and recovery group in China. It also offers home care services and food products covering women’s needs. The Group aims to become a leading comprehensive family care group in Asia.
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According to the Report, the Group is the largest postpartum care and recovery group both in Asia and in China in terms of revenue from postpartum centers in 2024, the fastest-growing scaled postpartum and recovery group in China in terms of revenue growth rate from 2022 to 2024, and the first postpartum center operator based in mainland China to expand outside of mainland China. In 2024, the Group had a market share of approximately 1.2% in terms of revenue from postpartum centers in China.
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The Group have an extensive network of 96 premium postpartum centers under its brand names of Saint Bella, Bella Isla, and Baby Bella — comprising 62 self-operated centers and 34 managed centers as of June 3, 2025. The Group’s customers mainly consisted of individual customers of its postpartum center business, home care services business, and food products business, as well as third-party partners of its managed postpartum centers.
Market | Hong Kong (Main Board) |
Business Nature | Health Care |
Major Business Area | China |
Board Lot | 500 |
No. of Offer Shares | 95.42M shares |
No. of International Offer Shares | 85.88M shares |
No. of HK Offer Shares | 9.54M shares |
Offer Price | $6.58 |
Stock Code | 2508 |
Sponsor(s) | UBS Securities Hong Kong Limited, CITIC Securities (Hong Kong) Limited |
Underwriter(s) | UBS AG Hong Kong Branch, CLSA Limited, Huatai Financial Holdings (Hong Kong) Limited, GF Securities (Hong Kong) Brokerage Limited, Mirae Asset Securities (HK) Limited, CMB International Capital Limited, CCB International Capital Limited, Caitong International Securities Co., Limited, Futu Securities International (Hong Kong) Limited |
Application Period | Jun 18 (Wed) - noon, Jun 23 (Mon) |
Price Determination Date | -- |
Result Announcement Date | On or before Jun 25 (Wed) |
Result Announcement Date | On or before Jun 25 (Wed) |
Result Announcement Date | On or before Jun 26 (Thu) |
Dealings in Shares commence on | Jun 26, 2025. (Thu) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $6.58 |
Capitalization | 3.92B |
NAV / share ($) | $1.14 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 6.58, the net proceeds raised would be HKD 540.50M, of which |
29% : Postpartum care network expansion, opening new postpartum centers and investments in standalone villa-style postpartum centers |
37% : Launching new services and products, including developing elderly care business, retail businesses, and postpartum recovery services |
6% : Training of professional family care specialists |
18% : Used in research and development activities, including upgrading our existing IT systems, investing in artificial intelligence, investing in R&D for elderly care services |
9% : Working capital |
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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