Big Hit General Subscription Deposit Reaches 37 Trillion Won... Surpasses SK Biopharm

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@

[Asia Economy Reporter Geum Bo-ryeong] Big Hit Entertainment's general subscription deposit has surpassed 37 trillion won, breaking SK Biopharm's record.

According to the financial investment industry on the 6th, as of 1 p.m. that day, Big Hit's general subscription deposit recorded 37.2848 trillion won. The combined competition rate was 387.35 to 1.

SK Biopharm, one of the major stocks in the KOSPI market in the second half of the year, achieved the highest record in KOSPI history with a final general subscription competition rate of 323 to 1 and a deposit of 30.9 trillion won, but Big Hit has surpassed this record.

Considering that Big Hit's general subscription resumed from 10 a.m. that day following the previous day, more than 28 trillion won poured in within three hours. The deposit was about 8.6242 trillion won at the interim closing result the previous day.

By securities company, Korea Investment & Securities had the highest competition rate at 474.46 to 1. This was followed by Mirae Asset Daewoo at 333.99 to 1, NH Investment & Securities at 331.32 to 1, and Kiwoom Securities at 328.33 to 1.

NH Investment & Securities was allocated the largest amount of Big Hit general subscription shares with 648,182 shares. Korea Investment & Securities received 555,584 shares, Mirae Asset Daewoo 185,195 shares, and Kiwoom Securities 37,039 shares.

However, it is uncertain whether Big Hit can surpass the record of Kakao Games, which entered the KOSDAQ market last month. Kakao Games showed a final general subscription competition rate of 1,524 to 1 and a deposit of 58.55 trillion won.

Since applications tend to flood on the subscription closing day, a tense standoff among investors is expected to continue until the deadline. A financial investment industry official explained, "Many investors will check the competition rate in the afternoon and then invest."

Big Hit's general subscription will proceed until 4 p.m. that day. The refund of subscription deposits will be automatically transferred to securities company accounts on the 8th. Big Hit is scheduled to enter the KOSPI market on the 15th.

This content was produced with the assistance of AI translation services.