In the second week of this month (October), Clobot, Wavice, K-Bank, Sungwoo, A-Lux, and Nomus will conduct demand forecasting targeting institutional investors. Selbion, Hancem, Inspion, YJ Link, and Lumir are preparing for general subscription.
◆Clobot= Founded in 2017, Clobot achieved consolidated sales of 24.2 billion KRW last year, maintaining an average annual growth rate of 79% over four years since 2020. It currently has over 130 clients and is collaborating on major projects with companies such as Hyundai Motor and Boston Dynamics.
It plans to offer a total of 3 million shares, with an expected public offering price range of 9,400 to 10,900 KRW per share, and a total public offering amount of 28.2 to 32.7 billion KRW. From the 7th to the 14th, it will conduct demand forecasting for domestic and foreign institutional investors over five trading days, followed by a general subscription on the 16th and 17th, aiming to list on the KOSDAQ market. The lead underwriter is Mirae Asset Securities.
◆Wavice= Wavice is the first domestic company to successfully localize mass production technology for Gallium Nitride (GaN) RF semiconductor chips. It serves large and high-growth potential front markets such as advanced weapon systems, anti-drone technology, mobile communication infrastructure, and satellites.
It will issue 1.49 million new shares. The expected public offering price range is 11,000 to 12,500 KRW. Demand forecasting for institutional investors will be conducted from the 7th to the 14th, followed by a general subscription on the 17th and 18th. The underwriter is Daishin Securities.
◆K-Bank= K-Bank was the first in the financial sector to launch a 100% non-face-to-face apartment mortgage loan and offers various innovative non-face-to-face loan products such as credit loans, jeonse loans, and loans for individual business owners. Its deposit products include savings and time deposits, a parking account without limits called ‘Plus Box,’ and an automatic lump-sum savings product called ‘Challenge Box.’
The total number of shares offered is 82 million, with an expected public offering price range of 9,500 to 12,000 KRW per share. The maximum public offering amount is 984 billion KRW. Demand forecasting for domestic and overseas institutional investors will be conducted from the 10th to the 16th, with the public offering price to be finalized afterward. The public subscription will take place over two days on the 21st and 22nd. The lead underwriters are NH Investment & Securities, KB Securities, and Bank of America (BofA), with Shinhan Investment Corp. and Kiwoom Securities joining as part of the underwriting consortium.
◆Sungwoo= Established in 1992, Sungwoo produces cylindrical secondary battery components, ESS components, and automotive electronic parts based on its long-standing experience, ultra-precision press molding technology, and advanced quality control techniques.
It plans to offer 3 million shares. The expected public offering price range is 25,000 to 29,000 KRW. Demand forecasting targeting domestic and foreign institutional investors will be conducted over five days from the 10th to the 16th, followed by a general subscription on the 21st and 22nd. The lead underwriter is Korea Investment & Securities.
◆A-Lux= A-Lux is a specialized company that manufactures drones and educational robots using its own technology. With the growing importance of software development education, including coding, it has focused on developing and producing educational robots since its inception and has recently expanded its competitiveness by entering the drone market in earnest.
It plans to offer 1.5 million shares, with an expected public offering price range of 11,500 to 13,500 KRW, and a total public offering amount of 17.2 to 20.3 billion KRW. Demand forecasting for institutional investors will be conducted from the 11th to the 17th to finalize the public offering price, followed by a general subscription on the 23rd and 24th. The lead underwriter is Korea Investment & Securities.
◆Nomus= At its inception, Nomus introduced content delivering the know-how and philosophy of various artists through the Wonderwall class. It plans and produces artists’ MD and brands directly, sells them through its own shopping mall, and provides an integrated service covering distribution and customer service.
It plans to offer 1.13 million shares. The expected public offering price range is 27,200 to 30,200 KRW per share. Demand forecasting for institutional investors will be conducted over five business days from the 11th to the 17th, followed by a general subscription over two days starting on the 23rd, aiming for a listing in early November. The lead underwriter is Daishin Securities.
◆Selbion= The public offering price was set at 15,000 KRW, which is 23% higher than the upper limit of the band (10,000 to 12,200 KRW). The final competition rate was recorded at 1,050 to 1. General subscription for retail investors will be conducted over two days on the 7th and 8th for 477,750 shares, which is 25% of the total offering. The lead underwriter is Daishin Securities.
Selbion is developing the prostate cancer therapeutic radiopharmaceutical ‘Lu-177-DGUL’ targeting metastatic castration-resistant prostate cancer (mCRPC) patients as its main pipeline. Currently in phase 2 clinical trials, ‘Lu-177-DGUL’ demonstrated an objective response rate (ORR) of 38.5% in independent imaging evaluations, higher than the 28.9% of competing drugs. Additionally, prostate-specific antigen (PSA) levels measured after administration showed effective reduction, indicating excellent therapeutic efficacy.
◆Hancem= The final public offering price was set at 18,000 KRW, exceeding the upper limit of the expected band (12,500 to 14,500 KRW). The simple competition rate was 1,019.86 to 1. After general subscription on the 7th and 8th, it aims to list on the KOSDAQ on October 22. The underwriters are Shin Young Securities and Eugene Investment & Securities.
Hancem researches, develops, and produces carbon compound material synthesis methods tailored to customer requirements and has secured an optimized process development system for mass production synthesis process development.
◆Inspion= The final public offering price was set at 12,000 KRW, exceeding the expected range of 8,000 to 10,000 KRW. The demand forecasting recorded a competition rate of 1,069.1 to 1. General subscription for retail investors will be conducted on October 7 and 8 through Korea Investment & Securities, with a planned listing date of October 18.
Founded in 2009, Inspion is a specialized company in EAI consulting and security solutions. As a deployment partner of SAP, the global number one in enterprise resource planning (ERP), it provides EAI consulting, system implementation, and maintenance services to domestic companies wishing to adopt SAP solutions.
◆YJ Link= The expected public offering price range is 8,600 to 9,800 KRW per share. Demand forecasting for institutional investors was conducted until the 2nd, and general subscription will be held on the 10th and 11th. It plans to list in October, with KB Securities as the lead underwriter.
Founded in 2009, YJ Link is a specialized company in SMT (Surface Mount Technology) process equipment, developing, manufacturing, and selling smart equipment covering the entire SMT process. The SMT process involves attaching SMT components or SMD (Surface Mount Device) components to PCBs (Printed Circuit Boards) to create PCB assemblies.
◆Lumir= The expected public offering price band is 16,500 to 20,500 KRW, with a total public offering amount of 49.5 to 61.5 billion KRW. Demand forecasting targeting domestic and foreign institutional investors was conducted until the 4th, followed by a general subscription on the 10th and 11th, aiming for a listing in the second half of the year. The lead underwriter is NH Investment & Securities.
Lumir is a specialized company in earth observation satellite technology development. It secured a strong position in the satellite market by winning the entire contract for the Synthetic Aperture Radar (SAR) mission payload of the next-generation medium-sized satellite No. 5. Through this, it has gained high reliability with the government and Korea Aerospace Research Institute (KARI), playing an important role in the domestic space industry.
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