HK IPOAI

DTECH

01377A+HListed

工業製造 · 公司提供PCB钻头、铣刀、功能膜等精密刀具及耗材,用于PCB钻孔、成型、表面处理等制造工序。

DTECH (鼎泰高科) (01377) is a listed Hong Kong IPO. This page brings together the offer price, entry fee, subscription timeline, grey-market context, allotment data and stage-based reference research in one place.

Offer price
HK$380.00
Final offer price
HK$380.00
One-lot win rate
3.0%

Predicted 2.6%

Proceeds
HK$4.80B
Public oversub.
354.6x

Lot / entry fee 100 shares · HK$38K · Sponsor CITIC Securities / HSBC Corporate Finance (Hong Kong) Limited

  1. Offer starts Jun 30
  2. /Offer closes Jul 6
  3. /Grey market Jul 8
  4. /Listing Jul 9Now

SubscriptionDTECH: subscription-stage reference

The subscription stage draws on the prospectus, sponsor record and early public filings. Allotment results and grey-market prints have not occurred yet.

Earlier stage
Reference rating
Neutral
Reference score
66.4
Forecast grey range
-4.5% – +24.7%

Pre-greyDTECH: pre-grey-market reference

The pre-grey stage includes published allotment and public oversubscription data. Grey-market prints are not yet reflected here.

Earlier stage
Reference rating
Neutral
Reference score
66.1
Forecast grey range
-11.8% – +19.0%

Post-greyDTECH: post-grey-market reference

The post-grey stage includes grey-market price and turnover observations. Listing-day results still follow official trading and company announcements.

Current
Reference rating
Cautious
Reference score
62.7
Forecast first-day range
-11.3% – +0.5%
View factors and research
Model forecastListing-day trendNeutral-negativeUp probability 43.2%
Published outcome check
First-day resultFlat-1.8%Normal
Our call: Trend call valid
Covered 21/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Weaker quality
Cornerstone lockup
Strong support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Positive trend
Recent same-type trend
Neutral trend
Recent sector trend
Strong trend
Valuation
Weak appeal
Fundamental quality
Good quality
Growth quality
High quality
Profitability
Good quality
Cash runway
Customer concentration
Higher risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementNo greenshoe
Stabilizer track record
A-share pre-grey trend
Poor trend
A-share listing-day trend
Weak trend
Public oversubscription
High heat
One-lot win rate
Good heat
International placing
Weak heat
Final pricing position
Actual greenshoe use
Grey market return
Poor trend

The assessment and probability ranges are informational only and are not investment advice.

AI Research Report

Post-grey
The analysis report for this IPO is being generated.

Last updated 18:16:26

HK$340.00
-10.53%
386.17354.30322.43HK$380.0016:1517:1918:16
Listing price
HK$380.00
Open
HK$370.00
High
HK$379.80
Low
HK$326.80
Bid / Ask
HK$339.80 / HK$340.00
Volume
266,500
Turnover 93,986,320View source

DTECH: predicted allotment

Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.

1 lot
2.6%

Predicted

Official
3.0%
A tail · Apply 100 lots
0.24 lots

Predicted

Official
0.2 lots
B head · Apply 200 lots
0.86 lots

Predicted

Official
0.6 lots
Top hammer
4.41 lots

Predicted

Official
3.69 lots
Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment falls more sharply with sizeView full allotment-odds research

How to read this page

These answers combine this IPO’s published figures with clearly labeled model estimates. They explain how to read the modules above and are not investment advice.

What is the one-lot allotment rate for DTECH?

Public allotment filings put the official one-lot rate at 3.0%, versus this site's pre-allotment model estimate of 2.6%. It is an observation for a 1-lot application, not a guaranteed result.

What is the difference between A-tail and B-head for DTECH?

Based on the prospectus's legal application tiers, A-tail is 100 lots and B-head is 200 lots, representing about HK$3.8M and HK$7.6M of application principal. Official average allotment was 0.2 lots and 0.6 lots, versus pre-allotment model estimates of 0.24 lots and 0.86 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

Can the grey-market price of DTECH be treated as the listing price?

The compiled grey-market observation is about -9.9%, versus -1.8% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does DTECH have three reference ratings?

The current status is "Listed", so start with the post-grey section. Subscription, pre-grey and post-grey each use only the public information available at that point, so the score can change. Labels are high attention / neutral / caution only — informational comparison, not a buy or subscribe call.