HK IPOAI

FORMS SYNTRON

06700A+HOpen

金融服務 · 公司自2003年成立以来的主营业务为金融科技软件开发服务,早期聚焦银行业科技服务,其后扩展至金融基础设施与金融科技创新服务,另在软件开发项目之后或单独提供系统集成服务,客户主要为银行、监管机构、金融基础设施运营商及其他金融机构。

FORMS SYNTRON (四方精創) (06700) is a open 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$16.00
Final offer price
HK$16.00
One-lot win rate
53.9%

Predicted

Proceeds
HK$943.4M
Public oversub.

Lot / entry fee 100 shares · HK$2K · Sponsor CMB International / Garden Road, Central Hong Kong Guosen Securities (HK) Capital Company Limited

  1. Offer starts Sep 14
  2. /Offer closes Sep 17Now
  3. /Grey market Sep 21
  4. /Listing Sep 22
Unlock A-tail, B-head and deeper allotment scenarios
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SubscriptionFORMS SYNTRON: 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.

Current
Reference rating
Cautious
Reference score
45.2
Forecast grey range
-12.9% – +6.6%
View factors and research
Model forecastGrey-market trendHigh cautionUp probability 23.7%
Covered 16/18 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heat
Offer size
Good quality
Cornerstone lockup
Low support
Post-lockup offer value
Medium scarcity
Recent same-rule trend
Poor trend
Recent same-type trend
Poor trend
Recent sector trend
Poor trend
Valuation
Weak appeal
Fundamental quality
Good quality
Growth quality
Weak quality
Profitability
Average quality
Cash runway
Customer concentration
High risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementNo greenshoe
Stabilizer track record
A-share subscription-period trend
Poor trend

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

AI Research Report

Subscription
The analysis report for this IPO is being generated.

Pre-greyFORMS SYNTRON: pre-grey-market reference

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

Pending
Reference rating
Cautious
Reference score
45.2
Forecast grey range
-12.9% – +6.6%

Post-greyFORMS SYNTRON: 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.

Pending
Reference rating
Cautious
Reference score
47.9
Forecast first-day range
-8.2% – +0.9%

This IPO has not listed yet. The current score is a stage-based estimate, may still be incomplete or inaccurate, and will adjust as allocation, grey-market, and listing data become available.

Grey-market quotes have not started. After the grey-market date, this page will compile publicly sourced price observations. Grey-market date Sep 21

FORMS SYNTRON: predicted allotment

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

1 lot
53.9%

Predicted

A tail · Apply 3,000 lots
Pro unlock

Predicted

B head · Apply 4,000 lots
Pro unlock

Predicted

Top hammer
Pro unlock

Predicted

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 FORMS SYNTRON?

The IPO is still in its offer period, so there is no official one-lot rate yet. This site's current model estimate is about 53.9%; the company allotment announcement is final.

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

Based on the prospectus's legal application tiers, A-tail is 3,000 lots and B-head is 4,000 lots, representing about HK$4.8M and HK$6.4M of application principal. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

Grey-market trading is dated Sep 21. Before that session there is no print to cite. Even after quotes appear, they are not the official listing price.

Why does FORMS SYNTRON have three reference ratings?

The current status is "Open", so start with the subscription 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.