[This Week's IPO] Demand Forecast and Subscription Schedule for the First Week of May

[Asia Economy Reporter Jang Hyowon] In the first week of this month (May), SamCNS, RaonTech, JinSystem, and Samyoung S&C are scheduled to conduct demand forecasting targeting institutional investors. Additionally, HPO and CNC International will proceed with general public subscription offerings.

◆SamCNS= SamCNS is a company mass-producing ceramic substrates (STF), established in 2016 by acquiring the ceramic STF business division of Samsung Electro-Mechanics. Ceramic STF is a component of probe cards used in semiconductor inspection equipment. As of the end of last year, ceramic STF for NAND probe cards, SamCNS’s main product, accounted for 95% of total sales.

The total number of shares offered is 12 million. The desired price range per share is 5,000 to 5,700 KRW, with the expected offering amount between 60 billion and 68.4 billion KRW. Demand forecasting will be conducted on the 3rd and 4th, followed by public subscription on the 10th and 11th. The lead underwriter is Daishin Securities.

◆RaonTech= Established in 2000, RaonTech develops and manufactures industrial robots used in semiconductor manufacturing processes and is currently listed on the KONEX market. In July last year, the company obtained an A grade for the technology of "vacuum robot and transfer module manufacturing for wafer transfer in a vacuum environment" from the Electronics and Telecommunications Research Institute, fulfilling the special listing requirements for materials, parts, and equipment (SoBuJang) on the KOSDAQ market.

The total number of shares offered is 500,000. The desired price range per share is 12,800 to 15,800 KRW, with a maximum expected offering amount of 7.9 billion KRW. After finalizing the offering price through demand forecasting on the 3rd and 4th, the public subscription will be held on the 10th and 11th of next month. The listing is scheduled for May. The lead underwriter is KB Securities.

◆JinSystem= Founded in 2010, JinSystem is a molecular diagnostics specialist company developing and producing diagnostic equipment, kits, and reagents. Its main products include GENECHECKER (ultra-fast PCR diagnostic equipment) and biochip-based diagnostic kits. Going forward, JinSystem plans to commercialize new content such as mosquito-borne infectious disease diagnosis, tuberculosis, and symptom-based infectious disease diagnosis after installing diagnostic equipment.

The total number of shares offered is 1,425,000, with a desired price band of 16,000 to 20,000 KRW per share. Demand forecasting targeting institutional investors will be conducted on the 6th and 7th to finalize the offering price, followed by general subscription on the 13th and 14th. JinSystem is scheduled to be listed between May and June, with Samsung Securities as the lead underwriter.

◆Samyoung S&C= Established in 2000 as a spin-off from Samyoung Electronics Industry, Samyoung S&C mainly manufactures sensors that measure temperature, humidity, and fine dust. The company has secured major domestic and international clients such as Samsung Electronics, LG Electronics, and Ford Motor Company, consistently generating annual sales of around 13 to 14 billion KRW.

The total number of shares offered is 1,105,000, with a desired price range of 7,800 to 10,000 KRW per share. The expected offering amount is approximately 8.6 billion KRW. Demand forecasting will be conducted on the 6th and 7th, followed by public subscription on the 11th and 12th. The lead underwriter is Mirae Asset Daewoo.

◆HPO= HPO finalized its offering price at 22,200 KRW per share through demand forecasting targeting institutional investors. The demand forecasting competition rate was 252.13 to 1. Based on the finalized offering price, the total offering amount is approximately 88.5 billion KRW. HPO operates a health functional business centered on the high-end premium brand ‘Denps’ in domestic as well as European and Asian markets.

HPO plans to conduct public subscription for general investors on the 3rd and 4th. General subscription is available through the lead underwriter Daishin Securities and the underwriting company Kiwoom Securities, with payment due on the 7th of the same month. HPO is scheduled to be listed on the KOSDAQ market on the 14th.

◆CNC International= Established in 1997, CNC International is a cosmetics ODM company specializing in research, development, and production of lip, eye, and base makeup products. The company collaborates with domestic and international brand companies such as Amorepacific, L’Or?al, and Est?e Lauder, based on its original technology and the capability to proactively plan products tailored to each brand’s characteristics.

The total number of shares offered is 1,480,000. The desired price range per share is 35,000 to 47,500 KRW, with a maximum expected offering amount of 70.3 billion KRW. Demand forecasting was conducted on the 28th and 29th of last month, and public subscription will be held on the 6th and 7th. The listing is scheduled for the 17th of next month. The lead underwriter is NH Investment & Securities, with Samsung Securities and Daishin Securities as joint underwriters.

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