[This Week's IPO] Demand Forecast and Subscription Schedule for the First Week of January

[Asia Economy Reporter Jang Hyowon] In the first week of this month (January), TMCC and Hanju Light Metal will conduct demand forecasting.

◆TMCC= TMCC is a specialized material company for special gases used in semiconductor and display processes. TMCC has domestically developed various special gases used in core semiconductor processes. Over the past three years, it has achieved an average annual sales growth rate of over 55%, recording sales of 88.3 billion KRW last year. By the third quarter of this year, it has already exceeded twice last year’s sales.

The total number of shares planned for public offering is 2.2 million, with a desired public offering price range of 32,000 to 38,000 KRW. Accordingly, the expected market capitalization after listing is approximately 353.7 billion to 420.1 billion KRW. Demand forecasting will be conducted over two days on the 4th and 5th, followed by a general investor subscription from the 10th to the 11th. The listing underwriter is Hanwha Investment & Securities.

◆Hanju Light Metal= Established in 1987, Hanju Light Metal is a vehicle parts manufacturing company that has supplied lightweight parts to major domestic and international automobile manufacturers for the past 35 years based on advanced aluminum casting technology. It stands out in the automotive industry, where lightweighting is essential for improving fuel efficiency, reducing exhaust emissions, and shortening braking distances.

The total number of shares offered is 6.5 million. The expected public offering price is 2,700 to 3,100 KRW, with a total public offering amount of 17.6 billion to 20.2 billion KRW. Demand forecasting is scheduled for two days on the 4th and 5th, followed by a general subscription on the 10th and 11th, with plans to complete the listing by the end of this month. The joint lead underwriters are Hyundai Motor Securities and Mirae Asset Securities.