The company said late yesterday 24.66m shares were sold by its two largest shareholders at the IPO price of HK$14.50 each, boosting its IPO by HK$357.6m (£28.5m).
Samsonite and shareholders, including private-equity firm CVC Capital Partners and Royal Bank of Scotland Group, raised HK$9.73bn with the IPO last month.
The stock slumped 7.7 per cent in its trading debut, but has since recovered and closed on Friday at HK$14.50.
CVC sold an additional 15.63m shares, reducing its stake in Samsonite to 28.7 per cent from 29.8 per cent, while RBS sold 9.03m shares more, trimming its stake to 15.2 percent from 15.8 per cent, Samsonite said in a securities filing.
Goldman Sachs Group, HSBC Holdings and Morgan Stanley managed the offering, with UBS and RBS acting as joint bookrunners.
Despite the initally poor debut, Samsonite’s chief executive Tim Parker said during a ceremony at the Hong Kong stock exchange that he is optimistic about the long-term outlook for the stock and expansion in fast-growing Asia.