APAC IPOs & Placements, Aequitas Research

Rosita Fernandes

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

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<li>
<a href="https://www.smartkarma.com/entities/ifbh-pte-ltd" target="_blank" data-smartkarma-citation="entities:45067:1" rel="noopener">IFBH (IFBH HK)</a>  is planning to raise about US$100m through its upcoming Hong Kong IPO. The lead bookrunner for the deal is Citic.</li>
<li>IFBH specializes in ready-to-consume beverages and food, focusing on coconut water and plant-based products. Its flagship brand, if, introduced natural coconut water to mainland China, becoming the largest market.</li>
<li>As per CIC, IFBH has led mainland China's coconut water market for five years, holding a 34% share in 2024, while dominating Hong Kong with a 60% share since 2016.</li>
</ul>



IFBH (IFBH HK)  is planning to raise about US$100m through its upcoming Hong Kong IPO. The lead bookrunner for the deal is Citic.
IFBH specializes in ready-to-consume beverages and food, focusing on coconut water and plant-based products. Its flagship brand, if, introduced natural coconut water to mainland China, becoming the largest market.
As per CIC, IFBH has led mainland China's coconut water market for five years, holding a 34% share in 2024, while dominating Hong Kong with a 60% share since 2016.


Singapore

IFBH produces fruit juice-based beverages and non-beverage fruit products, including juice drinks, crispy rolls, and plant-based snacks under its 'if' brand, and functional drinks under its 'Innococo' brand. The company distributes its products across Asia, North America, Australia, and other international markets. IFBH was founded in 2013 and is headquartered in Singapore.

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IFBH (6603 HK)

IFBH Pte. Ltd Pre-IPO Tearsheet

IFBH to raise US$100m in Hong Kong IPO led by Citic, specializing in coconut water and plant-based products, dominating markets in mainland China...

Rosita Fernandes

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52-week Range

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IFBH Pte. Ltd Pre-IPO Tearsheet

​IFBH to raise US$100m in Hong Kong IPO led by Citic, specializing in coconut water and plant-based products, dominating markets in mainland China...

Rosita Fernandes

IFBH to raise US$100m in Hong Kong IPO led by Citic, specializing in coconut water and plant-based products, dominating markets in mainland China...