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IPO Detail
02698 樂舒適
SOFTCARE
Listing Date2025/11/10    Listing in 2 Days
Listing Price26.200
Grey Market Performance
Last updated: 07/11/2025 19:59  Refresh
  • Bright Smart
    up 35.200 +9.000 (+34.351%)
    High
    38.000
     
    Low
    32.220
    Volume
    235,800
    One Lot Profit
    +1,800.00
  • Phillip
    up 35.600 +9.400 (+35.878%)
    High
    39.300
     
    Low
    33.000
    Volume
    7,130,000
    One Lot Profit
    +1,880.00
  • Futu
    up 35.300 +9.100 (+34.733%)
    High
    38.900
     
    Low
    27.200
    Volume
    4,630,400
    One Lot Profit
    +1,820.00
  • Bid
  • Ask
  • 35.200
  • (1) 2K
  • 200 (1)
  • 35.240
  • 35.180
  • (0) 0
  • 0 (0)
  • 35.260
  • 35.160
  • (0) 0
  • 0 (0)
  • 35.280
  • 35.140
  • (0) 0
  • 200 (1)
  • 35.300
  • 35.120
  • (0) 0
  • 0 (0)
  • 35.320
  • 35.100
  • (0) 0
  • 0 (0)
  • 35.340
  • 35.080
  • (0) 0
  • 200 (1)
  • 35.360
  • 35.060
  • (0) 0
  • 0 (0)
  • 35.380
  • 35.040
  • (1) 200
  • 0 (0)
  • 35.400
  • 35.020
  • (1) 400
  • 0 (0)
  • 35.420
  • Bid
  • Ask
  • 35.600
  • (7) 177K
  • 400 (2)
  • 35.700
  •  
  • (0) 0
  • 200 (1)
  •  
  •  
  • (0) 0
  • 800 (1)
  •  
  •  
  • (3) 9.8K
  • 0 (0)
  •  
  •  
  • (0) 0
  • 0 (0)
  •  
 
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COMPANY PROFILE

Softcare Limited is a multinational hygiene product corporation principally engaged in the development, manufacturing and sales of baby and feminine hygiene products, including baby diapers, baby pants, sanitary pads and wet wipes, focusing on the fast-growing Emerging Markets, including Africa, Latin America and Central Asia.

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According to the report, in terms of sales volume in 2024, the Group ranked first in both the baby diapers market and the sanitary pads market in Africa, with a market share of 20.3% and 15.6%, respectively; and in terms of revenue in 2024, the Group ranked second in both the baby diapers market and the sanitary pads market in Africa, with a market share of 17.2% and 11.9%, respectively.

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The Group has established an extensive sales network covering over 30 countries across Africa, Latin America and Central Asia. As of April 30, 2025, the Group had 18 sales branches in 12 countries, and an extensive sales network covering over 2,800 wholesalers, distributors, supermarkets and other retailers in total.

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The Group offer a variety of baby and feminine hygiene products under various brands, including its core brand Softcare, as well as Veesper, Maya, Cuettie and Clincleer. Baby diapers were the main source of the Group’s revenue.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureHousehold & Personal Products
Major Business AreaGlobal
Board Lot200
GLOBAL OFFERING
No. of Offer Shares90.88M shares
No. of International Offer Shares81.80M shares
No. of HK Offer Shares9.09M shares
Offer Price$24.20 - $26.20
Stock Code2698
Sponsor(s)China International Capital Corporation Hong Kong Securities Limited, CITIC Securities (Hong Kong) Limited, GF Capital (Hong Kong) Limited
Underwriter(s)China International Capital Corporation Hong Kong Securities Limited, CLSA Limited, GF Securities (Hong Kong) Brokerage Limited
TIME TABLE
Application PeriodOct 31 (Fri) - noon, Nov 05 (Wed)
Price Determination DateNov 06 (Thu)
Result Announcement DateOn or before Nov 07 (Fri)
Result Announcement DateOn or before Nov 07 (Fri)
Result Announcement DateOn or before Nov 10 (Mon)
Dealings in Shares commence onNov 10, 2025. (Mon)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$24.20 - $26.20
Capitalization14.66B - 15.87B
NAV / share ($)$5.6 - $5.9 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 25.2, the net proceeds raised would be HKD 2.14B, of which
71.4% : Expand overall production capacity and upgrade production lines
11.6% : Marketing and promotion activities in Africa, Latin America and Central Asia
4.7% : Strategic acquisitions of businesses in the hygiene product industry
0.4% : Upgrading CRM system
2.6% : Engaging management consulting firms for conducting analysis on new markets and new products
9.3% : Working capital
IPO NEWS
07/11/2025 18:35
{New Stock}SOFTCARE ends up 35.88% at HK$35.6 on grey market
07/11/2025 16:20
{New Stock}SOFTCARE up 29.47% at HK$33.92 on grey market
Related Document
Prospectus Prospectus  Chinese VersionProspectus  English Version
Remark： The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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