Renaissance Capital logo

Rise Smart Group Holdings Filed Terms, Nasdaq: RSHL

Provides services to students in Hong Kong seeking higher education abroad.

Industry: Consumer Discretionary

We are an exempted company incorporated under the laws of the Cayman Islands on June 14, 2023. As a holding company with no material operations of our own, we conduct our business through our wholly-owned Hong Kong Operating Subsidiary, Rise Smart Holdings Limited, founded on January 9, 2006. We mainly provide services to local students who are seeking secondary education and higher education studies in the United Kingdom (“UK”), Australia, Canada, and New Zealand. According to Frost & Sullivan, we are an established overseas studies consultancy services provider with, a market share of approximately 11.8% in terms of revenue in 2022. Through the continued efforts of our management, our total revenue increased from US$0.7 million for the year ended December 31, 2021 to US$1.7 million for the year ended December 31, 2022. We principally provide overseas studies consultancy services to students in Hong Kong. We also provide other value-added services such as (i) tutoring services to students by cooperating with tutoring agencies to provide online tutoring services to students; and (ii) visa consultation services to facilitate customers’ development in the UK, Canada, and Australia.
IPO Data
IPO File Date 05/13/2024
Offer Price
Price Range $4.00 - $4.00
Offer Shares (mm) 1.8
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
American Trust Investment Services
Prime Number Capital
Company Data
Headquarters Hong Kong, China
Founded 2006
Employees at IPO 7
Website risesmart.com.hk

Rise Smart Group Holdings (RSHL) Performance

Created with Highcharts 10.3.2Chart context menuRSHL vs. IPO Index (IPOUSA)3. Feb10. Feb17. Feb24. Feb3. Mar10. Mar17. Mar24. Mar31. Mar7. Apr14. Apr21. Apr28. Apr-40%-20%0%+ 20%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index