HK IPOAI

RA MATERIALS

09607Open

未分類 · 公司是中国的新材料供应商,主要从事新材料的研发、生产、市场推广、销售与分销,业务分为轮胎用橡胶助剂及其他化工产品、电子材料、全生物降解材料三个板块,产品主要用于汽车轮胎及橡胶制品、半导体与显示面板的生产制造。

RA MATERIALS (彤程新材) (09607) 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$44.00
Final offer price
HK$44.00
One-lot win rate
5.5%

Predicted

Proceeds
HK$3.00B
Public oversub.

Lot / entry fee 100 shares · HK$4K · Sponsor Haitong International

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

SubscriptionRA MATERIALS: 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
61.3
Forecast grey range
-4.0% – +103.9%
View factors and research
Model forecastGrey-market trendNeutral-negativeUp probability 52.0%
Covered 13/18 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Offer size
Weaker quality
Cornerstone lockup
Average support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Poor trend
Recent same-type trend
Positive trend
Recent sector trend
Valuation
Average appeal
Fundamental quality
Average quality
Growth quality
Weak quality
Profitability
High quality
Cash runway
Customer concentration
Lower risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementNo greenshoe
Stabilizer track record
A-share subscription-period 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-greyRA MATERIALS: 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
61.3
Forecast grey range
-4.0% – +103.9%

Post-greyRA MATERIALS: 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
Neutral
Reference score
61.3
Forecast first-day range
-3.2% – +101.2%

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 28

RA MATERIALS: predicted allotment

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

1 lot
5.5%

Predicted

A tail · Apply 1,000 lots
1.14 lots

Predicted

B head · Apply 2,000 lots
3.1 lots

Predicted

Top hammer
52.79 lots

Predicted

Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment is similar across tiersExtra watch · Compare first Proportional + FlatView 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 RA MATERIALS?

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 5.5%; the company allotment announcement is final.

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

Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 2,000 lots, representing about HK$4.4M and HK$8.8M 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 RA MATERIALS be treated as the listing price?

Grey-market trading is dated Sep 28. Before that session there is no print to cite. Even after quotes appear, they are not the official listing price.

Why does RA MATERIALS 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.