HK IPOAI

MECH-MIND ROBOT

0961518CListed

半導體 · 公司提供智能机器人核心组件,包括工业3D相机、仿人灵巧手及AI软件(如Mech-GPT、Mech-Vision、Mech-Viz),用于工业制造、物流、医疗等场景的机器人感知与操作。

MECH-MIND ROBOT (09615) 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$95.30 – 101.70
Final offer price
HK$101.70
One-lot win rate
3.0%

Predicted 4.2%

Proceeds
HK$2.35B
Public oversub.
3835.4x

Lot / entry fee 30 shares · HK$3K · Sponsor China Securities International / CITIC Securities

  1. Offer starts Aug 24
  2. /Offer closes Aug 27
  3. /Grey market Aug 31
  4. /Listing Sep 1Now

SubscriptionMECH-MIND ROBOT: 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
Neutral
Reference score
70.5
Forecast grey range
0.0% – +114.2%

Pre-greyMECH-MIND ROBOT: 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
Neutral
Reference score
74.6
Forecast grey range
0.0% – +110.9%

Post-greyMECH-MIND ROBOT: 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
62.7
Forecast first-day range
-25.5% – +9.3%

Data updated · Sep 22, 2026, 12:02 HKT

View factors and research
Model forecastListing-day trendNeutral-negativeUp probability 41.0%
Published outcome check
First-day resultFlat-1.9%Normal
Our call: Trend call valid
Covered 22/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Weaker quality
Cornerstone lockup
Strong support
Post-lockup offer value
Medium scarcity
Recent same-rule trend
Poor trend
Recent same-type trend
Strong trend
Recent sector trend
Strong trend
Valuation
Weak appeal
Fundamental quality
Average quality
Growth quality
High quality
Profitability
Weak quality
Cash runway
Good quality
Customer concentration
—
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordCLSA
Strong record
A-share pre-grey trend
—
A-share listing-day trend
—
Public oversubscription
High heat
One-lot win rate
Good heat
International placing
High heat
Final pricing position
Friendly pricing
Actual greenshoe useCumulative use +100.0%
Low 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 18:15:15

HK$100.60
-1.08%
104.39101.3598.31HK$101.7016:1517:0918:15
Listing price
HK$101.70
Open
HK$103.80
High
HK$107.70
Low
HK$96.80
Bid / Ask
HK$100.40 / HK$100.60
Volume
797,340
Turnover 80,291,326View source

MECH-MIND ROBOT: predicted allotment

Data updated · Sep 22, 2026, 14:40 HKT

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

1 lot
4.2%

Predicted

Official
3.0%
A tail · Apply 1,500 lots
0.93 lots

Predicted

Official
1.88 lots
B head · Apply 2,000 lots
1.85 lots

Predicted

Official
2.6 lots
Top hammer
5.13 lots

Predicted

Official
5 lots
Most likely allotment pattern:Larger Pool A applications get less extra allotment;Pool B allotment falls more sharply with sizeView 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 MECH-MIND ROBOT?

Public allotment filings put the official one-lot rate at 3.0%, versus this site's pre-allotment model estimate of 4.2%. It is an observation for a 1-lot application, not a guaranteed result.

What is the difference between A-tail and B-head for MECH-MIND ROBOT?

Based on the prospectus's legal application tiers, A-tail is 1,500 lots and B-head is 2,000 lots, representing about HK$4.6M and HK$6.1M of application principal. Official average allotment was 1.88 lots and 2.6 lots, versus pre-allotment model estimates of 0.93 lots and 1.85 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

Can the grey-market price of MECH-MIND ROBOT be treated as the listing price?

The compiled grey-market observation is about -0.9%, versus -1.9% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does MECH-MIND ROBOT 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.