Last updated 18:28:50
HK$21.52
+120.04%
- Listing price
- HK$9.78
- Open
- HK$17.25
- High
- HK$22.88
- Low
- HK$9.78
- Bid / Ask
- HK$21.52 / HK$21.58
- Volume
- 3,131,500
Turnover 66,539,100View source
RELYEZ ENERGY
09621Listed新能源/電力設備 · 公司提供定制化综合储能系统（ESS）解决方案，结合硬件与软件平台，用于工商业储能、能源数据采集分析、运维管理及电力交易等场景。
RELYEZ ENERGY (09621) 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$8.54 – 11.10
- Final offer price
- HK$9.78
- One-lot win rate
- 5.0%
- Proceeds
- HK$562.7M
- Public oversub.
- 1388.8x
Predicted 1.6%
Lot / entry fee 500 shares · HK$5K · Sponsor CMB International
- Offer starts Oct 30
- /Offer closes Nov 4
- /Grey market Nov 6
- /Listing Nov 9Now
SubscriptionRELYEZ ENERGY: 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
- 70.4
- Forecast grey range
- +7.3% – +95.4%
Pre-greyRELYEZ ENERGY: 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
- 72.2
- Forecast grey range
- +6.2% – +93.6%
Post-greyRELYEZ ENERGY: 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
- 80.2
- Forecast first-day range
- +86.9% – +167.0%
Data updated · Nov 9, 2026, 18:40 HKT
View factors and research
Model forecastListing-day trendStrong positiveUp probability 98.0%
Published outcome check
First-day resultBig up+121.1%Strong all day
Our call: Trend call valid
Covered 16/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heatOffer size
Good qualityCornerstone lockup
—Post-lockup offer value
—Recent same-rule trend
Poor trendRecent same-type trend
Neutral trendRecent sector trend
Positive trendValuation
Average appealFundamental quality
—Growth quality
High qualityProfitability
Good qualityCash runway
—Customer concentration
High riskCornerstone quality
—Sponsor record
Strong recordGreenshoe arrangementNo greenshoe
Stabilizer track record
—A-share pre-grey trend
—A-share listing-day trend
—Public oversubscription
High heatOne-lot win rate
Good heatInternational placing
Low heatFinal pricing position
High pricingActual greenshoe use
—Grey market return
Strong trendThe assessment and probability ranges are informational only and are not investment advice.
AI Research Report
Post-greyThe analysis report for this IPO is being generated.
RELYEZ ENERGY: grey-market trend
RELYEZ ENERGY: predicted allotment
Data updated · Nov 9, 2026, 18:40 HKT
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 800 lots
- 0.36 lots
- B head · Apply 1,000 lots
- 0.83 lots
- Top hammer
- 1.91 lots
Predicted
Official
5.0%
Predicted
Official
0.32 lots
Predicted
Official
0.8 lots
Predicted
Official
1.07 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 RELYEZ ENERGY?
Public allotment filings put the official one-lot rate at 5.0%, 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 RELYEZ ENERGY?
Based on the prospectus's legal application tiers, A-tail is 800 lots and B-head is 1,000 lots, representing about HK$3.9M and HK$4.9M of application principal. Official average allotment was 0.32 lots and 0.8 lots, versus pre-allotment model estimates of 0.36 lots and 0.83 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of RELYEZ ENERGY be treated as the listing price?
The compiled grey-market observation is about +120.8%, versus +121.1% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does RELYEZ ENERGY 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.