Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Posted by

Foundation Healthcare Holdings IPO: The Biggest SGX Healthcare Listing Since IHH — Worth Chasing?

Special Edition: Foundation Healthcare IPO Singapore hasn't seen a healthcare IPO of this size in over a decade. Foundation Healthcare Holdings (" FHH ") is looking to raise up to S$242 million at an offering price of S$0.76 per share , implying a market capitalisation of roughly S$1.0 billion — reportedly the largest healthcare listing on SGX since IHH Healthcare's dual-listing back in 2012. Public offer closes 6 July, 12pm , with trading expected to start on 8 July 2026 . Let's dig into what FHH actually does, why parts of the story are genuinely attractive, where I'd want to be careful, and whether the pricing leaves anything on the table for IPO subscribers. The Business: A Doctor Roll-Up With a Tech Layer FHH is a multi-specialty private healthcare platform built on three verticals: Specialists — 108 full-time medical specialists across 16 specialties and 74 specialist clinics as at 31 March 2026, making...
Post a Comment
Read more
Labels
Posted by

SBI Offshore Limited

Time to do some housekeeping. Sorry i missed this IPO because it is another Catalist listing and via placement only.

SBI Offshore Limited ("SBI") is a Singapore home-grown company supply equipment to shipyards and rig builders in Asia's offshore and marine industry.  The company is placing out 20m shares at 27 cents each and the market cap is $29.88 million and  the company's IPO was priced at 12.08x FY08 earnings

The company generated revenue of $11.72m for FY 2008 and net profit of $2.339m.
The company generated $6.3m revenue and $1.364m net profit for 4 months ending 30 April 2009.  

While the company has done well for the first 4 months, I  feel the company's revenue is still too low and need to be boosted further and  you can understand why this is still a Catalist listing.
Email Post
Labels:

Comments

Post a Comment