The mainland integrated circuit leader OMNIVISION is offering shares in Hong Kong, with an entry fee of nearly HKD 10,586

The global fabless semiconductor design company OMNIVISION (00501.HK)(603501.SH) announced its IPO details in Hong Kong, planning to globally issue 45.8 million H shares, with 10% allocated for public offering in Hong Kong and 90% for international placement. The maximum offer price is set at HKD 104.8 per share, with expected fundraising of nearly HKD 4.8 billion. The minimum trading unit is 100 shares, with an entry fee of approximately HKD 10,585.69.

The subscription period runs from today (December 31) until noon on January 7 next year, with listing expected on January 12 next year. UBS, China International Capital Corporation, Ping An Securities (Hong Kong), and GF Securities are acting as joint sponsors. Based on the maximum offer price of HKD 104.8, the net proceeds from the fundraising are approximately HKD 4.693 billion, of which about 70% will be used for investment in key technology research and development; about 10% for strengthening global market penetration and business expansion; about 10% for strategic investments and acquisitions; and the remaining 10% for working capital and general corporate purposes.

This IPO has introduced 10 cornerstone investors, including Wildlife Willow Limited, UBS AM Singapore, FOL, HuaQin Technology (603296.SH), Tianjin Trading under OPPO founder and CEO Chen Mingyong, Pudong Science and Technology (Cayman) Co., Ltd., JSC International Investment Fund SPC, Ghisallo Fund Master Ltd, Taijia Life Insurance, and China Post Life under Postal Savings Bank (01658.HK), collectively subscribing for over USD 279 million worth of shares, equivalent to approximately 20.7402 million shares, accounting for about 45.28% of the shares offered.

OMNIVISION mainly engages in three major businesses: image sensor solutions, display solutions, and analog solutions. According to data from market research institutions, based on revenue from image sensor solutions in 2024, the group is the third-largest digital image sensor supplier globally, with a market share of 13.7%