Intelligent Group Limited

General Information
Business:

(Incorporated in the British Virgin Islands)

We are a professional services provider in Hong Kong that engages in the business of providing Financial PR services. Our Financial PR services include arranging press conferences and interviews, participating in the preparation of news releases and shareholders’ meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.

We aim to build an effective channel for the exchange of information between the public, investors and our clients. We provide information about our clients to the public and investors in a manner designed to enable them to understand our clients’ operations more easily. We also provide training to our clients so as to allow them to understand public relations tactics and practice. The objective is to create a positive market image of our clients to the public.

Our Industry

Hong Kong, which occupies a unique geographic position, continues to achieve remarkable expansion in its role as a regional financial leader. As one of the financial centers in the Asia-Pacific region, Hong Kong attracts a number of public relations firms to provide services in Hong Kong, mainly in Financial PR, corporate public relations and consumer marketing services. According to the website of the HK Stock Exchange — Annual Market Statistics (As of December 30, 2022) (source: https://www.hkex.com.hk/-/media/HKEX-Market/Market-Data/Statistics/Consolidated-Reports/Annual-Market-Statistics/e_2022-Market-Statistics.pdf and https://www.hkex.com.hk/-/media/HKEX-Market/Market-Data/Statistics/Consolidated-Reports/Annual-Market-Statistics/2021-Market-Statistics_e.pdf), Hong Kong has ranked number four and four in the world in 2021 and 2022, respectively, in terms of the amount of funds raised through IPOs. According to the market statistics published by the HK Stock Exchange, the total funds raised through IPOs on the HK Stock Exchange in 2021 and 2022 were approximately HK$328.9 billion and HK$99.1 billion, respectively. The total post-IPO funds raised by listed companies on the HK Stock Exchange in 2022 amounted to HK$147.3 billion and, together with funds raised by IPOs, the total funds raised on the Main Board (“Main Board”) and GEM Board of the Hong Kong Stock Exchange, amounted to approximately HK$251.9 billion. Despite the decrease in the total funds raised in 2022 due to the impact of resurgences of the COVID-19 outbreak, the capital market and fund-raising activities are expected to rebound in 2023.The demand for Financial PR services is expected to correlatively rebound.

Competitive Strengths

We believe the following competitive strengths differentiate us from our competitors:

•        We provide comprehensive Financial PR services to our clients;

•        We provide extensive coverage in media monitoring and promotion services for our clients;

•        We have a strong client base; and

•        We have experienced and competent management and professional staff.

Our Strategy

We intend to pursue the following strategies to further expand our business:

•        Further strengthening our Financial PR business in Hong Kong;

•        Expanding our market presence in other international capital markets, in particular the U.S.; and

•        Enhancing the automation and establishment of our virtual Financial PR services.

**Note: Net income and revenue are for the 12 months that ended May 31, 2023

(Note: Intelligent Group Limited priced its IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 1.88 million ordinary shares (1,875,000 shares) – to raise $7.5 million on March 19, 2024, according to the company’s announcement. At pricing, Intelligent Group’s IPO was trimmed to 1.88 million shares (1,875,000 shares) from 2.0 million shares in the prospectus.)

(Note: Intelligent Group Limited filed an F-1/A dated Nov. 13, 2023. The terms of its IPO: 2.0 million ordinary shares – down from 3.75 million shares – at $4.00 to $5.00 to raise $9.0 million. Background: Intelligent Group Limited filed its F-1 on May 23, 2023, and disclosed terms for its IPO – 5.0 million shares at $4.00 to $5.00 to raise $22.5 million. On June 30, 2023, Intelligent Group Limited trimmed its IPO’s size to 3.75 million shares – down from its original size of 5.0 million shares – and kept the price range at $4.00 to $5.00 to raise $16.88 million.)

Industry: Financial Public Relations
Employees: 12
Founded: 2016
Contact Information
Address Unit 2803, Level 28, Admiralty Centre, Tower 1, 18 Harcourt Road, Admiralty, Hong Kong
Phone Number (852) 3618 8460
Web Address http://www.intelligentjoy.com/
View Prospectus: Intelligent Group Limited
Financial Information
Market Cap $52.5mil
Revenues $1.87 mil (last 12 months)
Net Income $0.6 mil (last 12 months)
IPO Profile
Symbol INTJ
Exchange NASDAQ
Shares (millions): 1.9
Price range $4.00 - $4.00
Est. $ Volume $7.5 mil
Manager / Joint Managers WestPark Capital
CO-Managers
Expected To Trade: 3/20/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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