Receiving 2 Weeks for 100 Million Won... Big Hit Sets New KOSPI Record (Comprehensive)

Kakao Games Record Cannot Be Surpassed

On the 6th, investors are subscribing to the Big Hit Entertainment public offering at the NH Investment & Securities Sales Department Financial Center. (Photo by NH Investment & Securities)

[Asia Economy Reporter Geum Bo-ryeong] Big Hit Entertainment has rewritten the history of KOSPI IPO subscription rates, surpassing SK Biopharm.

According to the financial investment industry on the 6th, the final integrated subscription competition rate for Big Hit's general subscription was recorded at 606.97 to 1. The subscription deposit amounted to 58.4237 trillion KRW.

Big Hit surpassed SK Biopharm. SK Biopharm previously achieved the highest record in KOSPI with a final general subscription competition rate of 323 to 1 and a subscription deposit of about 31 trillion KRW.

Looking at the competition rates by securities companies, Korea Investment & Securities had the highest rate at 663.48 to 1, followed by Mirae Asset Daewoo at 589.74 to 1, Kiwoom Securities at 585.23 to 1, and NH Investment & Securities at 564.69 to 1. The allocated shares were 648,182 for NH Investment & Securities, 555,584 for Korea Investment & Securities, 185,195 for Mirae Asset Daewoo, and 37,039 for Kiwoom Securities.

The subscription deposit raised 50 trillion KRW in just one day. The mid-day closing result on the previous day showed a subscription deposit of about 8.6242 trillion KRW. On the day, the subscription deposit increased from 11 AM with 23.8873 trillion KRW, 1 PM with 37.2848 trillion KRW, 2 PM with 44.3631 trillion KRW, to 3 PM with 51.7411 trillion KRW.

Although Big Hit, one of the biggest IPOs in the second half of the year, set a new KOSPI record, it did not surpass the record of Kakao Games. Kakao Games, which entered the KOSDAQ market last month, recorded a final general subscription competition rate of 1524 to 1 and a subscription deposit of 58.55 trillion KRW.

Although it varies by securities company, based on the integrated competition rate, investors who subscribed with 100 million KRW in this subscription are likely to receive 2 shares. An NH Investment & Securities official explained, "If you subscribe with 100 million KRW at NH Investment & Securities, you are expected to be allocated 2 shares."

The Big Hit IPO price is 135,000 KRW. The refund amount for the subscription deposit can be automatically transferred to securities company accounts on the 8th. Big Hit is scheduled to be listed on the KOSPI market on the 15th.

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