Subscription Schedule for Public Offering Stocks in the Third Week of February
[Asia Economy Reporter Jang Hyowon] In the third week of this month (February), companies such as CE Lab, Yuil Enertech, Oros Technology, and Vuno are preparing for their general public offerings. Notably, three companies have their offerings scheduled on the 15th and 16th, making strategic allocation necessary.
◆CE Lab= Established in 2010, CE Lab provides core AI video analysis solutions and platforms to major companies and institutions including KT and the Agency for Defense Development, based on its large-scale data AI video analysis technology. The company has developed and commercialized technologies ranging from data processing, handling, and analysis to solutions that maximize the effectiveness of Graphics Processing Units (GPU), creating a high market entry barrier.
In the institutional investor demand forecast, CE Lab recorded a competition rate of 1371 to 1, and its public offering price was set at 35,000 KRW, exceeding the expected price. The total public offering amount is approximately 22.8 billion KRW, and the market capitalization after listing is about 103.5 billion KRW. CE Lab’s general subscription dates are February 15-16, with IBK Investment & Securities as the lead manager.
◆Yuil Enertech= Founded in 2012, Yuil Enertech produces equipment related to cutting (notching) and stacking used in secondary battery production. Its clients include domestic and international battery manufacturers such as SK Innovation. The company also focuses on hydrogen fuel cell manufacturing equipment as a new business, aiming to become a 'leading company in eco-friendly energy equipment.'
In the institutional investor demand forecast, Yuil Enertech recorded a competition rate of 1427.69 to 1, and its public offering price exceeded the expected price at 16,000 KRW. The public offering amount is 38.6 billion KRW, and the market capitalization is expected to reach 169.4 billion KRW. After the general subscription on February 15-16, the company plans to list on the KOSDAQ on the 25th. Shin Young Securities is the lead manager.
◆Oros Technology= Established in 2009, Oros Technology is the only company that has succeeded in domestic production of misalignment measurement equipment for semiconductor front-end processes. The misalignment measurement equipment is an advanced measuring device used in key front-end processes such as lithography to verify whether stacking aligns correctly with circuit patterns and to correct positional errors.
Oros Technology’s expected public offering price ranges from 17,000 to 21,000 KRW. The planned public offering amount is between 32.3 billion and 39.9 billion KRW. After the general subscription on February 15-16, the company plans to list on the KOSDAQ market on the 24th. Kiwoom Securities is the lead manager.
◆Vuno= Founded in 2014, Vuno develops medical AI solutions including Korea’s first AI medical device, 'Vuno Med BoneAge.' Medical AI solutions analyze medical data to perform diagnosis, treatment, and prognosis prediction.
Vuno’s expected public offering price ranges from 15,000 to 19,500 KRW, with 1.8 million shares to be offered. The expected public offering amount is between 27 billion and 35.1 billion KRW. After the general subscription on February 16-17, the company plans to list on the KOSDAQ market on the 26th. The lead managers are Mirae Asset Daewoo and Samsung Securities.
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