Super HI International Holding Ltd.

Super HI International Holding Ltd. (HDL) priced its initial public offering on May 17, 2024 at $19.56 per ADS, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $12.64B. Morgan Stanley was lead-left underwriter, joined by Huatai. Kirkland & Ellis and Conyers Dill & Pearman advised the company and Paul Hastings, Drew & Napier and Allen & Gledhill advised the underwriters.

SUPER HI INTERNATIONAL HOLDING LTD. is a Chinese cuisine restaurant brand that operates Haidilao hot pot restaurants in international markets, presenting food as an expression of cultural identity, values and way of life.

Status

IPO

Ticker

HDL

Exchange

Nasdaq Global Market

Priced

May 17, 2024

IPO price

$19.56 per ADS

Market cap at IPO price

$12.64B

First filed

Apr 26, 2024

Underwriters

Morgan Stanley and Huatai

Company counsel

Kirkland & Ellis and Conyers Dill & Pearman

Underwriters' counsel

Paul Hastings, Drew & Napier and Allen & Gledhill

Sector

Consumer

Country / state

Singapore

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.