[This Week's IPO] Demand Forecast and Subscription Schedule for the Fourth Week of April

[Asia Economy Reporter Jang Hyowon] In the fourth week of this month (April), Amosense, HPO, and CNC International are scheduled to conduct demand forecasting for institutional investors. Additionally, SK IE Technology (SKIET) will proceed with a general public offering subscription.

◆Amosense= Amosense is a company specialized in next-generation automotive electronics and Internet of Things (IoT) modules, pursuing a technology-special listing. It possesses proprietary sensor and circuit design technologies for automotive electronics including autonomous driving, various IoT devices, and core modules used in 5G such as RF and radar modules. Furthermore, it has developed wireless charging shielding sheets.

The public offering price range for Amosense is between 13,300 and 16,300 KRW per share, with a total of 2,779,858 shares to be offered. Demand forecasting for institutional investors will be conducted on the 26th and 27th to finalize the public offering price, followed by subscription acceptance from general investors on May 3rd and 4th. The lead underwriter is Shinhan Financial Investment.

◆HPO= HPO operates a health functional business based on the high-end premium brand ‘Denps’, targeting not only the domestic market but also Europe and Asia. Its main growth drivers are probiotics under the brand ‘Denmark Yogurt Story’ and vitamins under ‘True Vitamin’, with recent sales increases in other products such as Omega-3, lutein, and collagen.

The public offering price range for HPO is 22,200 to 25,400 KRW per share, with 3,987,632 shares to be offered. The expected offering amount is between 88.5 billion and 101.3 billion KRW, with an estimated market capitalization of 440 billion to 500 billion KRW. Demand forecasting for institutional investors will be held on the 27th and 28th. The lead underwriters are Daishin Securities and Kiwoom Securities.

◆CNC International= Established in 1997, CNC International is an ODM company specializing in research, development, and production of color cosmetics, supplying point makeup products such as lipsticks to over 100 domestic and international clients. Last year, it achieved record-high consolidated sales of 89.6 billion KRW and operating profit of 14.4 billion KRW.

The public offering consists of 1.48 million shares. The price range is 35,000 to 47,500 KRW per share, with an expected offering amount between 51.8 billion and 70.3 billion KRW. Demand forecasting for institutional investors will take place on the 28th and 29th, followed by general subscription on the 6th and 7th of next month. The company plans to list on the KOSDAQ market in May. The lead underwriter is NH Investment & Securities.

◆SK IE Technology= SK IE Technology will conduct a general public offering subscription on the 28th and 29th. The subscription will be simultaneously available at five securities firms: Mirae Asset Securities, Korea Investment & Securities, SK Securities, Samsung Securities, and NH Investment & Securities. The lead underwriter Mirae Asset Securities has been allocated 46% of the general subscription shares, Korea Investment & Securities 32%, SK Securities 14%, and Samsung Securities and NH Investment & Securities 4% each.

SK IE Technology was established by a physical division of SK Innovation’s materials business division and engages in the production and sales of battery materials. Its main business is the wet separator and ceramic coating separator (CCS) business used in batteries.

The desired public offering price range per share for SK IE Technology is 78,000 to 105,000 KRW, with a market capitalization estimated between approximately 5.6 trillion and 7.5 trillion KRW.

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