Last updated 18:35:03
HK$105.40
-9.14%
- Listing price
- HK$116.00
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
NOVOSENSE
02676A+HListed半導體 · 苏州纳芯微电子股份有限公司是一家专注于高性能模拟及混合信号芯片设计的中国半导体公司。
NOVOSENSE (納芯微) (02676) 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$116.00
- Final offer price
- HK$116.00
- One-lot win rate
- 4.3%
- Proceeds
- HK$2.21B
- Public oversub.
- 25.3x
Predicted 11.6%
Lot / entry fee 100 shares · HK$12K · Sponsor CICC / CITIC Securities / CCB International
- Offer starts Nov 28
- /Offer closes Dec 3
- /Grey market Dec 5
- /Listing Dec 8Now
SubscriptionNOVOSENSE: 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
- 56.3
- Forecast grey range
- -2.1% – +25.0%
Pre-greyNOVOSENSE: 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
- Cautious
- Reference score
- 59.4
- Forecast grey range
- +1.7% – +30.1%
Post-greyNOVOSENSE: 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
- 56
- Forecast first-day range
- -8.9% – +1.1%
View factors and research
Model forecastListing-day trendCautiousUp probability 48.0%
Published outcome check
First-day resultFlat-4.3%
Our call: Trend call valid
Covered 23/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heatOffer size
Weaker qualityCornerstone lockup
Average supportPost-lockup offer value
Weak scarcityRecent same-rule trend
Positive trendRecent same-type trend
Poor trendRecent sector trend
—Valuation
Weak appealFundamental quality
Weaker qualityGrowth quality
Weak qualityProfitability
Good qualityCash runway
Average qualityCustomer concentration
Lower riskCornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordCICC
Strong recordA-share pre-grey trend
Positive trendA-share listing-day trend
Positive trendPublic oversubscription
Medium heatOne-lot win rate
Good heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +59.5%
Weak supportGrey market return
Poor trendThe assessment and probability ranges are informational only and are not investment advice.
AI Research Report
Post-greyThe analysis report for this IPO is being generated.
NOVOSENSE: grey-market trend
NOVOSENSE: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 11.6%
- A tail · Apply 400 lots
- 15.27 lots
- B head · Apply 500 lots
- 15.52 lots
- Top hammer
- 281.74 lots
Official 4.3%
Official 15.98 lots
Official 19.26 lots
Predicted
Most likely allotment pattern：Pool A is closer to allotment by application size；Pool 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 NOVOSENSE?
Public allotment filings put the official one-lot rate at 4.3%, versus this site's pre-allotment model estimate of 11.6%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for NOVOSENSE?
Based on the prospectus's legal application tiers, A-tail is 400 lots and B-head is 500 lots, representing about HK$4.6M and HK$5.8M of application principal. Official average allotment was 15.98 lots and 19.26 lots, versus pre-allotment model estimates of 15.27 lots and 15.52 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of NOVOSENSE be treated as the listing price?
The compiled grey-market observation is about -9.2%, versus -4.3% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does NOVOSENSE 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.