“新式茶飲第一股”奈雪的茶今啟招股，預計6月30日登陸港交所
據格隆匯新股消息，奈雪的茶（2150.HK）今起正式招股，招股時間為6月18日-6月23日，招股區間為17.20-19.80港元，每手500股，入場費9999.77港元，計息天數6天，全球發售25726.9萬股，有綠鞋，預計6月30日港交所上市。摩根大通、招銀國際和華泰國際為其聯席保薦人。
圖源：招股書
奈雪的茶已與基石投資者瑞銀基金、匯添富基金、廣發基金、南方基金管理、乾元復興訂立基石投資協議，基石投資者已同意在若干條件規限下，按發售價認購以總金額1.55億美元。
奈雪的茶此次最高募資總額或達到58.58億港元，公司計劃將全球發售所得款項淨額用於：
約70.0%在未來三年用於擴張茶飲店網絡並提高市場滲透率；約10.0%將在未來三年用於通過強化技術能力，進一步提升公司的整體運營，以提升運營效率；約10.0%在未來三年用於提升公司的供應鏈及渠道建設能力，以支持公司的規模擴張，約10.0%將用作營運資金及作一般企業用途。
奈雪的茶成立於2015年，是中國領先的高端現製茶飲連鎖店，也是國內第一家主打“現製茶+烘焙”的新式茶飲品牌，主要運營兩個茶飲店品牌－旗艦品牌奈雪的茶及子品牌台蓋。灼識諮詢資料顯示，按2020年零售消費總價值計，奈雪的茶在中國高端現製茶飲店市場中為第二大茶飲店品牌，市場份額為18.9%。
近年來，奈雪的茶門店數量迅速擴張，公開資料顯示，由截至2017年12月31日的44間增長至截至目前的562間。
與此同時，其會員黏性高於行業平均。奈雪的茶會員體系中有超過3500萬名註冊會員，其中，2020年，奈雪的茶訂單總數中約49.0%來自會員。
財務方面，其營收能力穩步增長，2018年至2020年收益分別為10.87億、25.02億、30.57億元，年複合增長率達67.7%。隨着盈利能力的提升，奈雪的茶經調整淨虧損由2018年的5658萬元大幅減少至2019年的1174萬元，並進一步扭轉為2020年的經調整淨利潤1664萬元。
事實上，中國的現製茶飲市場發展愈加迅速，並逐漸呈現出高端化、多元化的趨勢。奈雪的茶作為茶飲市場龍頭品牌，在全球有着龐大茶飲消費羣體的情況下，未來盈利成長性不容小覷。
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