HK IPOAI

VGT

02476A+HListed

醫療健康 · 胜宏科技(惠州)股份有限公司是一家在中国注册的股份有限公司,主要从事印制电路板(PCB)的研发、生产和销售。

VGT (勝宏科技) (02476) 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$209.88
Final offer price
HK$209.88
One-lot win rate
0.7%

Predicted 1.4%

Proceeds
HK$20.12B
Public oversub.
431.1x

Lot / entry fee 100 shares · HK$21K · Sponsor J.P. Morgan / China Securities International / GF Capital

  1. Offer starts Apr 13
  2. /Offer closes Apr 16
  3. /Grey market Apr 20
  4. /Listing Apr 21Now

SubscriptionVGT: 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
Cautious
Reference score
59
Forecast grey range
-13.6% – +9.9%

Pre-greyVGT: 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
65.4
Forecast grey range
-4.1% – +18.1%

Post-greyVGT: 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
70
Forecast first-day range
+31.5% – +45.1%
View factors and research
Model forecastListing-day trendNeutral-positiveUp probability 84.1%
Published outcome check
First-day resultBig up+50.1%
Our call: Trend call valid
Covered 22/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Weak quality
Cornerstone lockup
Strong support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Neutral trend
Recent same-type trend
Weak trend
Recent sector trend
Strong trend
Valuation
Weak appeal
Fundamental quality
Weaker quality
Growth quality
High quality
Profitability
Weaker quality
Cash runway
Customer concentration
Cornerstone quality
Strong support
Sponsor record
Good record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordJ.P. Morgan
Poor record
A-share pre-grey trend
Neutral trend
A-share listing-day trend
Weak trend
Public oversubscription
High heat
One-lot win rate
High heat
International placing
Weak heat
Final pricing position
Actual greenshoe useCumulative use 0.0%
Good support
Grey market return
Strong 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 18:35:02

HK$334.20
+59.23%
349.12272.04194.96HK$209.8816:1518:35
Listing price
HK$209.88
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

VGT: predicted allotment

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

1 lot
1.4%

Official 0.7%

A tail · Apply 200 lots
0.49 lots

Official 1.43 lots

B head · Apply 300 lots
0.41 lots

Official 0.44 lots

Top hammer
50.74 lots

Official 54.85 lots

Most likely allotment patternPool A is closer to allotment by application sizePool B allotment is similar across tiersView 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 VGT?

Public allotment filings put the official one-lot rate at 0.7%, versus this site's pre-allotment model estimate of 1.4%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 200 lots and B-head is 300 lots, representing about HK$4.2M and HK$6.3M of application principal. Official average allotment was 1.43 lots and 0.44 lots, versus pre-allotment model estimates of 0.49 lots and 0.41 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about +59.0%, versus +50.1% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does VGT 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.