HK IPOAI

ROBOTECHNIK

03757A+HListed

未分類 · 公司主要提供光伏自动化及工艺设备,用于光伏电池与组件制造;同时提供硅光子组装及测试设备,用于硅光器件与光模块的制造、组装和测试,下游应用于数据中心、云网络及高性能计算等场景。

ROBOTECHNIK (03757) 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$436.00
Final offer price
HK$436.00
One-lot win rate
35.0%

Predicted 29.6%

Proceeds
HK$5.18B
Public oversub.
8.7x

Lot / entry fee 50 shares · HK$22K · Sponsor Huatai Financial / Citigroup

  1. Offer starts Sep 21
  2. /Offer closes Sep 24
  3. /Grey market Sep 28
  4. /Listing Sep 29Now

SubscriptionROBOTECHNIK: 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
49.2
Forecast grey range
-12.3% – +6.4%

Pre-greyROBOTECHNIK: 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
46.4
Forecast grey range
-21.2% – +0.1%

Post-greyROBOTECHNIK: 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
44.6
Forecast first-day range
-6.3% – +1.2%

Data updated · Sep 30, 2026, 18:41 HKT

View factors and research
Model forecastListing-day trendHigh cautionUp probability 34.0%
Published outcome check
First-day resultDown-9.5%Weak all day
Our call: Trend call valid
Covered 22/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heat
Offer size
Weak quality
Cornerstone lockup
Average support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Poor trend
Recent same-type trend
Poor trend
Recent sector trend
—
Valuation
Weak appeal
Fundamental quality
Good quality
Growth quality
High quality
Profitability
Weaker quality
Cash runway
—
Customer concentration
High risk
Cornerstone quality
Strong support
Sponsor record
Good record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordHuatai Financial
Average record
A-share pre-grey trend
Poor trend
A-share listing-day trend
Poor trend
Public oversubscription
Weak heat
One-lot win rate
Weak heat
International placing
High heat
Final pricing position
—
Actual greenshoe useCumulative use +44.0%
Weak 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 18:29:52

HK$428.00
-1.83%
442.12410.50378.88HK$436.0016:1517:3218:29
Listing price
HK$436.00
Open
HK$385.00
High
HK$429.20
Low
HK$384.00
Bid / Ask
HK$428.00 / HK$428.20
Volume
123,900
Turnover 51,863,710View source

ROBOTECHNIK: predicted allotment

Data updated · Sep 30, 2026, 18:29 HKT

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

1 lot
29.6%

Predicted

Official
35.0%
A tail · Apply 200 lots
17.47 lots

Predicted

Official
11 lots
B head · Apply 400 lots
27.95 lots

Predicted

Official
60 lots
Top hammer
801.87 lots

Predicted

Official
1,600 lots
Most likely allotment pattern:Pool A's allotment rate is roughly flat across application tiers;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 ROBOTECHNIK?

Public allotment filings put the official one-lot rate at 35.0%, versus this site's pre-allotment model estimate of 29.6%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 200 lots and B-head is 400 lots, representing about HK$4.4M and HK$8.7M of application principal. Official average allotment was 11 lots and 60 lots, versus pre-allotment model estimates of 17.47 lots and 27.95 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about -1.8%, versus -9.5% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does ROBOTECHNIK 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.