Big Hit General Subscription Deadline... 15 Trillion Won Increase in Deposit Within 1 Hour
Individual investors are receiving subscription consultations at the Korea Investment & Securities headquarters sales department in Yeongdeungpo-gu, Seoul, on the 6th, the last day of the general public offering subscription for Big Hit Entertainment, the agency of the group BTS. After the general public offering subscription ends on this day, Big Hit is scheduled to be listed on the KOSPI market on the 15th. Photo by Moon Honam munonam@
View original image[Asia Economy Reporter Geum Bo-ryeong] On the 6th, the final day of Big Hit Entertainment's general subscription, the integrated competition rate at 11 a.m. was about 250 to 1.
According to NH Investment & Securities, as of 11 a.m. that day, Big Hit's general subscription integrated competition rate recorded 248.2 to 1. The subscription deposit was tallied at 23.8873 trillion KRW.
By securities company, NH Investment & Securities had 203.6 to 1, Korea Investment & Securities had 315.4 to 1, Mirae Asset Daewoo had 215.0 to 1, and Kiwoom Securities had 185.5 to 1.
The subscription deposit increased by more than 15 trillion KRW within one hour that morning. Considering that the subscription deposit was about 8.6242 trillion KRW at the previous day's interim closing, 15.2631 trillion KRW was gathered between 10 a.m. and 11 a.m.
The allocation of Big Hit's general subscription shares was 648,182 shares for NH Investment & Securities, 555,584 shares for Korea Investment & Securities, 185,195 shares for Mirae Asset Daewoo, and 37,039 shares for Kiwoom Securities.
In the demand forecast conducted for domestic and foreign institutional investors on the 24th and 25th, Big Hit's public offering price was fixed at 135,000 KRW. A total of 1,420 institutions participated in the demand forecast, showing a competition rate of 1,117.25 to 1, indicating strong enthusiasm.
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Big Hit's general subscription is available until 4 p.m. that day. The subscription deposit will be automatically refunded to securities company accounts on the 8th. Big Hit is scheduled to be listed on the KOSPI market on the 15th.
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