HK IPOAI

XIAO NOODLES

02408Listed

消費 · 广州遇见小面餐饮股份有限公司是一家在中国注册的餐饮公司,主要从事面条等餐饮服务。

XIAO NOODLES (遇見小麵) (02408) 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$7.04
Final offer price
HK$7.04
One-lot win rate
2.0%

Predicted 6.4%

Proceeds
HK$685.4M
Public oversub.
426.0x

Lot / entry fee 500 shares · HK$4K · Sponsor CMB International

  1. Offer starts Nov 27
  2. /Offer closes Dec 2
  3. /Grey market Dec 4
  4. /Listing Dec 5Now

SubscriptionXIAO NOODLES: 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
High attention
Reference score
77.3
Forecast grey range
0.0% – +111.2%

Pre-greyXIAO NOODLES: 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
High attention
Reference score
80.1
Forecast grey range
0.0% – +110.3%

Post-greyXIAO NOODLES: 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
Neutral
Reference score
67.9
Forecast first-day range
-46.1% – -2.0%
View factors and research
Model forecastListing-day trendNeutral watchUp probability 55.0%
Published outcome check
First-day resultBig down-27.8%
Our call: Neutral watch
Covered 20/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Good quality
Cornerstone lockup
Weak support
Post-lockup offer value
Medium scarcity
Recent same-rule trend
Positive trend
Recent same-type trend
Strong trend
Recent sector trend
Strong trend
Valuation
Average appeal
Fundamental quality
Good quality
Growth quality
High quality
Profitability
Weaker quality
Cash runway
Customer concentration
Low risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track record
A-share pre-grey trend
A-share listing-day trend
Public oversubscription
High heat
One-lot win rate
High heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +100.0%
Low support
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 18:35:03

HK$6.02
-14.49%
7.166.535.90HK$7.0416:1518:35
Listing price
HK$7.04
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

XIAO NOODLES: predicted allotment

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

1 lot
6.4%

Official 2.0%

A tail · Apply 1,400 lots
1.29 lots

Official 2.58 lots

B head · Apply 1,600 lots
2.59 lots

Official 4 lots

Top hammer
9.36 lots

Official 13 lots

Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment declines gradually with sizeExtra watch · Compare first Proportional + FlatView 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 XIAO NOODLES?

Public allotment filings put the official one-lot rate at 2.0%, versus this site's pre-allotment model estimate of 6.4%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 1,400 lots and B-head is 1,600 lots, representing about HK$4.9M and HK$5.6M of application principal. Official average allotment was 2.58 lots and 4 lots, versus pre-allotment model estimates of 1.29 lots and 2.59 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about -14.6%, versus -27.8% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does XIAO NOODLES 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.