Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Posted by

Food Innovators Holding Limited

Food Innovators Holdings Limited ("FIH" or the "Company") is offering 14m shares at $0.22 each, for which 13m shares will be through placement and the remaining 1m shares via a Public Offer. The IPO will close on 14 Nov at 12 noon and starts trading on 16 Oct 9am.  FIH has two business models - the first is to be a master lease and sublease the space to other tenants and the second is to operate and manage restaurants.  The Company currently has 12 restaurants in Japan, 10 in Singapore and 4 in Malaysia. The market cap based on the IPO price is around $24.9m. Financial Highlights FIH's revenue grew from $37.8m in FY2022 to $43.8m in FY2024. It is quite funny to see that being a master land lease holder has a higher margin than operating the restaurants, once again illustrating the point that it is better to be a landlord to shake leg and collect rent. According to the prospectus, the PER is around 19x. The Company intends to pay 20% of its net profit after ...
Post a Comment
Read more
Posted by

Keppel KBS US REIT - Balloting Results

Keppel KBS US REIT announced that its IPO received strong response and the public tranche was 6.7x subscribed. 

The public balloting table is presented below:


Investors who applied for 50,000 shares will have a 46% chance of being allotted 15,000 shares. 

I did not apply for the public tranche as I was allotted 50,000 units from the placement tranche. 

"The positive demand from both institutional and retail investors is a reflection of their confidence in Keppel-KBS US REIT's high quality portfolio and unique investment proposition that is backed by strong visible growth opportunities, both organically and through future acquisitions." - Manager

My personal view is that the relatively small issuance size and 6.7x subscription rate will imply a decent debut for the IPO. It will start trading at 2pm on 9 Nov. 

Good luck to those who applied and managed to get some shares! 😊

Email Post

Comments

Anonymous said…
Hi Mr. IPO

any advise on the 2 coming IPOs: Non Sign board & Mindchamps IPO?
Thanks a lot.
14 November 2017 at 23:18
Anonymous said…
Hi
I would like to ask if you will analyse about the current RE&S holdings IPO if it is worth trying for a few lots & if you’re personally getting it as well either through public or placement tranche?
Thank you so much in advance! :))
17 November 2017 at 14:33
Mr. IPO said…
Analyses will be out this weekend. Pls join my FB page if you want instant notification :)
17 November 2017 at 14:45
Post a Comment