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Listed

2659 BAO PHARMA-B

Shanghai Bao Pharmaceuticals Co., Ltd.

Biotechnology company focused on large-volume subcutaneous drug delivery, antibody-mediated autoimmune conditions, assisted reproduction and recombinant biologic products.

Overview

Company
Shanghai Bao Pharmaceuticals Co., Ltd.
Sector
Biotechnology / Biopharmaceuticals
Market
Main Board
Listing date
Dec 10, 2025

Offer Details

Offer price
HKD 26.38
Board lot
100
Total offer shares
37,911,700
Hong Kong offer shares
3,791,200
International offer shares
34,120,500
Minimum application
100 shares
Gross proceeds
HKD 1,000,100,000
Net proceeds
HKD 921,500,000

Timetable

Application deadline
Dec 5, 2025
Refund date
Dec 10, 2025
Trading start
Dec 10, 2025
Listing date
Dec 10, 2025

Allocation Result

Valid applications
282,687
Subscription multiple
3,526.34x
One-lot success rate
7%
Successful applications
37,912

Basis of Allocation

Success Rate Trend

Each line runs from the lowest application tier to the highest tier within its own pool. Hover or tap a point for the exact tier.

Pool APool B
0%25%50%75%100%FewerMidMorePool A · Applied shares 100 · Applied lots 1 lots · Valid applications 84,381 · Successful applications 5,907 · Success rate 7%Pool A · 1 lotsSuccess rate 7%Pool A · Applied shares 200 · Applied lots 2 lots · Valid applications 13,791 · Successful applications 988 · Success rate 7.16%Pool A · 2 lotsSuccess rate 7.16%Pool A · Applied shares 300 · Applied lots 3 lots · Valid applications 22,684 · Successful applications 1,630 · Success rate 7.19%Pool A · 3 lotsSuccess rate 7.19%Pool A · Applied shares 400 · Applied lots 4 lots · Valid applications 11,164 · Successful applications 803 · Success rate 7.19%Pool A · 4 lotsSuccess rate 7.19%Pool A · Applied shares 500 · Applied lots 5 lots · Valid applications 8,334 · Successful applications 601 · Success rate 7.21%Pool A · 5 lotsSuccess rate 7.21%Pool A · Applied shares 600 · Applied lots 6 lots · Valid applications 4,781 · Successful applications 345 · Success rate 7.22%Pool A · 6 lotsSuccess rate 7.22%Pool A · Applied shares 700 · Applied lots 7 lots · Valid applications 5,393 · Successful applications 390 · Success rate 7.23%Pool A · 7 lotsSuccess rate 7.23%Pool A · Applied shares 800 · Applied lots 8 lots · Valid applications 4,482 · Successful applications 326 · Success rate 7.27%Pool A · 8 lotsSuccess rate 7.27%Pool A · Applied shares 900 · Applied lots 9 lots · Valid applications 3,413 · Successful applications 249 · Success rate 7.3%Pool A · 9 lotsSuccess rate 7.3%Pool A · Applied shares 1,000 · Applied lots 10 lots · Valid applications 19,870 · Successful applications 1,455 · Success rate 7.32%Pool A · 10 lotsSuccess rate 7.32%Pool A · Applied shares 1,500 · Applied lots 15 lots · Valid applications 14,403 · Successful applications 1,056 · Success rate 7.33%Pool A · 15 lotsSuccess rate 7.33%Pool A · Applied shares 2,000 · Applied lots 20 lots · Valid applications 3,636 · Successful applications 267 · Success rate 7.34%Pool A · 20 lotsSuccess rate 7.34%Pool A · Applied shares 2,500 · Applied lots 25 lots · Valid applications 2,149 · Successful applications 158 · Success rate 7.35%Pool A · 25 lotsSuccess rate 7.35%Pool A · Applied shares 3,000 · Applied lots 30 lots · Valid applications 2,532 · Successful applications 187 · Success rate 7.39%Pool A · 30 lotsSuccess rate 7.39%Pool A · Applied shares 3,500 · Applied lots 35 lots · Valid applications 3,116 · Successful applications 231 · Success rate 7.41%Pool A · 35 lotsSuccess rate 7.41%Pool A · Applied shares 4,000 · Applied lots 40 lots · Valid applications 2,146 · Successful applications 160 · Success rate 7.46%Pool A · 40 lotsSuccess rate 7.46%Pool A · Applied shares 4,500 · Applied lots 45 lots · Valid applications 1,237 · Successful applications 93 · Success rate 7.52%Pool A · 45 lotsSuccess rate 7.52%Pool A · Applied shares 5,000 · Applied lots 50 lots · Valid applications 2,649 · Successful applications 200 · Success rate 7.55%Pool A · 50 lotsSuccess rate 7.55%Pool A · Applied shares 6,000 · Applied lots 60 lots · Valid applications 1,941 · Successful applications 147 · Success rate 7.57%Pool A · 60 lotsSuccess rate 7.57%Pool A · Applied shares 7,000 · Applied lots 70 lots · Valid applications 1,925 · Successful applications 146 · Success rate 7.58%Pool A · 70 lotsSuccess rate 7.58%Pool A · Applied shares 8,000 · Applied lots 80 lots · Valid applications 1,767 · Successful applications 135 · Success rate 7.64%Pool A · 80 lotsSuccess rate 7.64%Pool A · Applied shares 9,000 · Applied lots 90 lots · Valid applications 1,251 · Successful applications 96 · Success rate 7.67%Pool A · 90 lotsSuccess rate 7.67%Pool A · Applied shares 10,000 · Applied lots 100 lots · Valid applications 9,654 · Successful applications 741 · Success rate 7.68%Pool A · 100 lotsSuccess rate 7.68%Pool A · Applied shares 20,000 · Applied lots 200 lots · Valid applications 6,337 · Successful applications 487 · Success rate 7.69%Pool A · 200 lotsSuccess rate 7.69%Pool A · Applied shares 30,000 · Applied lots 300 lots · Valid applications 4,147 · Successful applications 319 · Success rate 7.69%Pool A · 300 lotsSuccess rate 7.69%Pool A · Applied shares 40,000 · Applied lots 400 lots · Valid applications 3,476 · Successful applications 268 · Success rate 7.71%Pool A · 400 lotsSuccess rate 7.71%Pool A · Applied shares 50,000 · Applied lots 500 lots · Valid applications 2,566 · Successful applications 198 · Success rate 7.72%Pool A · 500 lotsSuccess rate 7.72%Pool A · Applied shares 60,000 · Applied lots 600 lots · Valid applications 1,997 · Successful applications 155 · Success rate 7.76%Pool A · 600 lotsSuccess rate 7.76%Pool A · Applied shares 70,000 · Applied lots 700 lots · Valid applications 1,465 · Successful applications 114 · Success rate 7.78%Pool A · 700 lotsSuccess rate 7.78%Pool A · Applied shares 80,000 · Applied lots 800 lots · Valid applications 1,588 · Successful applications 124 · Success rate 7.81%Pool A · 800 lotsSuccess rate 7.81%Pool A · Applied shares 90,000 · Applied lots 900 lots · Valid applications 1,250 · Successful applications 98 · Success rate 7.84%Pool A · 900 lotsSuccess rate 7.84%Pool A · Applied shares 100,000 · Applied lots 1,000 lots · Valid applications 11,249 · Successful applications 882 · Success rate 7.84%Pool A · 1,000 lotsSuccess rate 7.84%Pool B · Applied shares 200,000 · Applied lots 2,000 lots · Valid applications 9,298 · Successful applications 7,981 · Success rate 85.84%Pool B · 2,000 lotsSuccess rate 85.84%Pool B · Applied shares 300,000 · Applied lots 3,000 lots · Valid applications 3,112 · Successful applications 2,672 · Success rate 85.86%Pool B · 3,000 lotsSuccess rate 85.86%Pool B · Applied shares 400,000 · Applied lots 4,000 lots · Valid applications 2,268 · Successful applications 1,950 · Success rate 85.98%Pool B · 4,000 lotsSuccess rate 85.98%Pool B · Applied shares 500,000 · Applied lots 5,000 lots · Valid applications 1,377 · Successful applications 1,184 · Success rate 85.98%Pool B · 5,000 lotsSuccess rate 85.98%Pool B · Applied shares 600,000 · Applied lots 6,000 lots · Valid applications 939 · Successful applications 808 · Success rate 86.05%Pool B · 6,000 lotsSuccess rate 86.05%Pool B · Applied shares 700,000 · Applied lots 7,000 lots · Valid applications 758 · Successful applications 653 · Success rate 86.15%Pool B · 7,000 lotsSuccess rate 86.15%Pool B · Applied shares 800,000 · Applied lots 8,000 lots · Valid applications 630 · Successful applications 544 · Success rate 86.35%Pool B · 8,000 lotsSuccess rate 86.35%Pool B · Applied shares 900,000 · Applied lots 9,000 lots · Valid applications 410 · Successful applications 355 · Success rate 86.59%Pool B · 9,000 lotsSuccess rate 86.59%Pool B · Applied shares 1,000,000 · Applied lots 10,000 lots · Valid applications 898 · Successful applications 778 · Success rate 86.64%Pool B · 10,000 lotsSuccess rate 86.64%Pool B · Applied shares 1,250,000 · Applied lots 12,500 lots · Valid applications 480 · Successful applications 416 · Success rate 86.67%Pool B · 12,500 lotsSuccess rate 86.67%Pool B · Applied shares 1,500,000 · Applied lots 15,000 lots · Valid applications 458 · Successful applications 397 · Success rate 86.68%Pool B · 15,000 lotsSuccess rate 86.68%Pool B · Applied shares 1,895,600 · Applied lots 18,956 lots · Valid applications 1,285 · Successful applications 1,218 · Success rate 94.79%Pool B · 18,956 lotsSuccess rate 94.79%7%7.3%7.52%7.69%7.84%85.84%85.98%86.35%86.64%94.79%Applied lots: Fewer -> MoreSuccess rate
PoolApplied sharesApplied lotsValid applicationsSuccessful applicationsSuccess rateAllocated sharesAllocated lotsAllotted %
A100184,3815,9077%0-1000-17%
A200213,7919887.16%0-1000-13.58%
A300322,6841,6307.19%0-1000-12.4%
A400411,1648037.19%0-1000-11.8%
A50058,3346017.21%0-1000-11.44%
A60064,7813457.22%0-1000-11.2%
A70075,3933907.23%0-1000-11.03%
A80084,4823267.27%0-1000-10.91%
A90093,4132497.3%0-1000-10.81%
A1,0001019,8701,4557.32%0-1000-10.73%
A1,5001514,4031,0567.33%0-1000-10.49%
A2,000203,6362677.34%0-1000-10.37%
A2,500252,1491587.35%0-1000-10.29%
A3,000302,5321877.39%0-1000-10.25%
A3,500353,1162317.41%0-1000-10.21%
A4,000402,1461607.46%0-1000-10.19%
A4,500451,237937.52%0-1000-10.17%
A5,000502,6492007.55%0-1000-10.15%
A6,000601,9411477.57%0-1000-10.13%
A7,000701,9251467.58%0-1000-10.11%
A8,000801,7671357.64%0-1000-10.1%
A9,000901,251967.67%0-1000-10.09%
A10,0001009,6547417.68%0-1000-10.08%
A20,0002006,3374877.69%0-1000-10.04%
A30,0003004,1473197.69%0-1000-10.03%
A40,0004003,4762687.71%0-1000-10.02%
A50,0005002,5661987.72%0-1000-10.02%
A60,0006001,9971557.76%0-1000-10.01%
A70,0007001,4651147.78%0-1000-10.01%
A80,0008001,5881247.81%0-1000-10.01%
A90,0009001,250987.84%0-1000-10.01%
A100,0001,00011,2498827.84%0-1000-10.01%
B200,0002,0009,2987,98185.84%0-1000-10.04%
B300,0003,0003,1122,67285.86%0-1000-10.03%
B400,0004,0002,2681,95085.98%0-1000-10.02%
B500,0005,0001,3771,18485.98%0-1000-10.02%
B600,0006,00093980886.05%0-1000-10.01%
B700,0007,00075865386.15%0-1000-10.01%
B800,0008,00063054486.35%0-1000-10.01%
B900,0009,00041035586.59%0-1000-10.01%
B1,000,00010,00089877886.64%0-1000-10.01%
B1,250,00012,50048041686.67%0-1000-10.01%
B1,500,00015,00045839786.68%0-1000-10.01%
B1,895,60018,9561,2851,21894.79%0-1000-10.01%