[Special Stock] Zenix, KOSDAQ Listing First Day Up 40% Compared to IPO Price

Xenics is trading above its public offering price on the first day of its KOSDAQ listing.

As of 11:22 AM on the 30th, Xenics was trading at 57,100 KRW, up 17,100 KRW (42.75%) from the public offering price of 40,000 KRW.

Xenics is a company that develops unmanned logistics automation systems (AMHS, Automated Material Handling System) capable of configuring entire smart factory systems and provides various solutions necessary for factory automation (FA, Factory Automation).

The main products include △'Automated Guided Vehicles (AGV)' that run on predetermined routes set by guidance devices △'Autonomous Mobile Robots (AMR)' that recognize the surrounding environment and navigate independently △and the smart automated warehouse 'Stoker' that loads and manages industrial materials and components.

During the institutional demand forecast conducted from the 5th to the 11th of this month, it recorded a competition rate of 1,051 to 1. The public offering price was set at 40,000 KRW, exceeding the upper limit of the expected price band (28,000 to 34,000 KRW). In the general subscription held over two days starting on the 19th of this month, it recorded a competition rate of 895.75 to 1, gathering 2.956 trillion KRW in subscription deposits.