Koto Share (02272) Achieves 2,115x Oversubscription in Hong Kong IPO, Set to List June 26

According to Zhitong Finance, Koto Share (02272) has achieved exceptional investor interest ahead of its Hong Kong IPO. As of the close of public subscription, the Hong Kong public offering portion recorded 2,115 times oversubscription, with margin financing applications reaching 85.5 billion Hong Kong dollars. The IPO attracted 166,000 investors competing for shares at an offer price of HK$39.55 per share (60 shares per lot). The company is expected to list on the Hong Kong Stock Exchange Main Board on June 26. Koto Share is a leading intelligent parking management service provider, with operations spanning smart parking systems, management services, and parking operations. By 2025, the company was operating 30,644 parking lots globally, demonstrating significant market penetration.
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