Dalba Global, which is currently undergoing the public offering process with the goal of listing on the Korea Exchange, announced on May 12 that it had recorded a competition rate of 1,112.03 to 1 in its public subscription for general investors, conducted over two business days from May 9 to 12. As a result, the subscription deposit amounted to approximately 7.0705 trillion won.
In the demand forecasting conducted from April 28 to May 7, a total of 2,225 domestic and international institutions participated, resulting in a competition rate of 1,140.88 to 1. The final offering price was set at the top end of the price band, at 66,300 won. The demand forecast attracted a large number of leading long-term investors, including global pension funds, sovereign wealth funds, and asset management firms, driving strong interest. The proportion of mandatory holding commitments also reached approximately 24% of the total order volume in the demand forecast, marking the highest figure among IPO companies in 2025.
After listing, Dalba Global plans to accelerate its entry into key markets such as China, ASEAN, the Middle East, and India, while expanding offline distribution channels in major global markets including Japan, North America, and Europe. Overseas sales in 2023 were 2.3 times higher than the previous year, and last year's overseas sales grew by 3.2 times year-on-year. The company aims to further strengthen this accelerating overseas sales growth through localized marketing and product strategies.
Building on the success of its core products, Dalba Global will diversify its sales portfolio by expanding into adjacent categories such as beauty devices, health functional foods, and personal care (including hair, body, hand, and color cosmetics). In 2025, the company plans to officially launch its premium SKUs, including the 'Dalba Signature' luxury line, with the goal of enhancing profitability based on high value-added products.
A representative from Dalba Global stated, "We sincerely thank all the investors who trusted and participated, making it possible for us to successfully complete the general subscription." The representative added, "After the listing, we will strive to become a global super brand based on the brand's innovation and growth potential." They continued, "In addition to enhancing corporate value, we will realize shareholder value returns through various initiatives, such as introducing a shareholder benefit service that allows shareholders to purchase our products at discounted prices?an industry first in the beauty sector."
Meanwhile, Dalba Global is scheduled to be listed on the Korea Exchange on May 22, following payment on May 14. The lead underwriter is Mirae Asset Securities.
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