BAOGAI
08090Listed新材料 · 山东宝盖新材料科技股份有限公司是中国复合沟盖板行业的专业制造商，主要产品包括电缆沟盖板、排水沟盖板和检查井盖板，用于电力、交通、市政等领域。
BAOGAI (寶蓋新材) (08090) 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$6.15 – 8.51
- Final offer price
- HK$6.22
- One-lot win rate
- 0.5%
- Proceeds
- HK$90.0M
- Public oversub.
- 3015.7x
Predicted 1.6%
Lot / entry fee 500 shares · HK$3K · Sponsor Zhongtai International Capital Limited
- Offer starts Jun 29
- /Offer closes Jul 3
- /Grey market Jul 7
- /Listing Jul 8Now
SubscriptionBAOGAI: 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
- 79.2
- Forecast grey range
- 0.0% – +130.3%
Pre-greyBAOGAI: 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
- 78.1
- Forecast grey range
- 0.0% – +130.2%
Post-greyBAOGAI: 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
- High attention
- Reference score
- 78.5
- Forecast first-day range
- -0.5% – +35.6%
View factors and research
The assessment and probability ranges are informational only and are not investment advice.
AI Research Report
Post-greyBAOGAI: grey-market trend
BAOGAI: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 1.6%
- A tail · Apply 1,000 lots
- 0.26 lots
- B head · Apply 1,200 lots
- 0.34 lots
- Top hammer
- 0.35 lots
Official 0.5%
Official 0.17 lots
Official 0.33 lots
Official 0.34 lots
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 BAOGAI?
Public allotment filings put the official one-lot rate at 0.5%, versus this site's pre-allotment model estimate of 1.6%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for BAOGAI?
Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 1,200 lots, representing about HK$3.1M and HK$3.7M of application principal. Official average allotment was 0.17 lots and 0.33 lots, versus pre-allotment model estimates of 0.26 lots and 0.34 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of BAOGAI be treated as the listing price?
The compiled grey-market observation is about +7.2%, versus +7.2% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does BAOGAI 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.