IPO - Energys Group Ltd

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Form Type: 424B4

Filing Date: 2025-04-02

Corporate Action: Ipo

Type: New

Accession Number: 000164117225002260

Filing Summary: Energys Group Limited is conducting an initial public offering (IPO) of 2,250,000 ordinary shares at an offering price of US$4.50 per share. This represents a total expected gross proceeds of approximately US$10,125,000, before underwriting discounts and expenses. Prior to this offering, the company had no public market for its shares, which will now be listed on Nasdaq under the symbol 'ENGS'. Additionally, 2,000,000 currently outstanding ordinary shares are registered for resale by existing shareholders, separate from this offering. The company, incorporated in the Cayman Islands in 2022, is a holding company with full ownership of Energys Group Holding Limited, which in turn owns various operating subsidiaries. The company will operate as an 'Emerging Growth Company' and a 'Foreign Private Issuer', allowing it to benefit from reduced public company reporting requirements. Significant risks are highlighted, including those associated with losing the entire investment. The date of the prospectus is March 31, 2025, and shares are expected to be delivered to purchasers on April 2, 2025. The company emphasizes its strategic focus on energy-saving technologies and solutions.

Document Link: View Document

Additional details:

Share Price: 4.50


Total Offering Size: 2250000


Total Gross Proceeds: 10125000


Underwriting Discount: 0.315


Underwriting Discount Total: 708750


Proceeds To Company: 9416250


Over Allotment Option: 337500


Issuing Date: 2025-04-02


Market Symbol: ENGS


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