KNS succeeded in the so-called 'ttattabl' by rising 400% above the public offering price on the first day of listing on KOSDAQ.
On the 6th, KNS closed trading at 92,000 won, up 300% from the public offering price of 23,000 won.
This is the first time since the system was changed on June 26 to allow newly listed stocks to rise up to four times the public offering price on the first day of listing.
KNS showed a competition rate of 964.82 to 1 in the demand forecast for institutional investors. The public offering price was fixed at 23,000 won, exceeding the upper limit of the desired range (19,000 to 22,000 won). In the public subscription, it recorded a competition rate of 1,451 to 1, with 3.1281 trillion won in deposits collected.
Established in April 2006, KNS is a manufacturer of automated equipment for CID (Current Interrupt Device) of secondary batteries. In its early days, it engaged in the design and manufacturing of automated equipment such as LCD backlight automation equipment. Starting with secondary batteries for smartphones in 2010, it succeeded in developing cylindrical battery CID equipment for electric vehicles in 2015.
The company plans to develop new equipment as a policy to drive the growth of the secondary battery equipment business, which is continuously growing. Based on proactive research on cylindrical 4680 battery components, which are receiving the highest attention in the secondary battery market, it plans to develop ▲ riveting automation equipment ▲ anode and cathode current collector vision inspection equipment.
It is also developing equipment for anode and cathode current collectors inserted into secondary batteries. Through the development of inspection equipment such as ▲ 3D inspection (height, dimensions) ▲ vision inspection (foreign substances and scratches) ▲ deep learning (AI inspection collecting various defect images), it plans to strengthen the diversification of its secondary battery equipment portfolio.
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