IFBH Ltd Pre- IPO - Growth Driven by Coconut Water Products Amid High Concentration Risks

IFBH IPO - Leading Position in a High Growth F&B Segment Driving Valuations

IFBH IPO Trading - Strong Overall Demand, Clawback Triggered

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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<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>
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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.


IFBH

IFBH Pte. Ltd Pre-IPO Tearsheet