[This Week's IPO] October First Week Demand Forecast and Subscription Schedule

[Asia Economy Reporter Jang Hyowon] In the first week of this month (October), GI Tech, Cha Vaccine Research Institute, and Geo Element will conduct demand forecasting for institutional investors.

◆GI Tech= Established in 1990, GI Tech is a company that produces slot dies, essential products for the coating process in secondary batteries and hydrogen battery manufacturing, and slit nozzles, key products for PR (photoresist) coating in display production processes, based on its own patented design and product manufacturing technologies.

Over the past three years, it recorded an average annual sales growth rate of 39.4%. Operating profit growth rate was 222.5%, and net profit growth rate was 220.2%. GI Tech plans to use the funds raised through this IPO for ▲new facility investments ▲attracting excellent research personnel ▲establishing overseas branches, among other purposes.

This listing will offer 2.7 million shares to the public. The expected public offering price is 11,500 to 13,100 KRW per share, with a total public offering amount of 31 billion to 35.3 billion KRW. Demand forecasting will be conducted over two days on the 5th and 6th, followed by subscription on the 12th and 13th, with plans to list on the KOSDAQ market within October. Mirae Asset Securities is the lead underwriter.

◆Cha Vaccine Research Institute= Cha Vaccine Research Institute was established in 2000 with the goal of developing next-generation vaccines and immunotherapies. Based on its self-developed immune adjuvant platform, it is developing the world's first chronic hepatitis B treatment vaccine, which has not yet been developed, and innovative cancer therapies that can significantly improve the efficacy of immune checkpoint inhibitors.

Based on this, it has expanded pipelines for diseases with large market potential, accelerated clinical trials, achieved successful technology transfers, and secured large-scale government projects, establishing global competitiveness as a vaccine and immunotherapy company.

The total number of shares offered is 3.95 million, with a desired public offering price of 11,000 to 15,000 KRW. Demand forecasting will be held on the 5th and 6th, and general subscription on the 12th and 13th. Samsung Securities is the lead underwriter.

◆Geo Element= Established in 2005, Geo Element supplies core components and materials for ALD (Atomic Layer Deposition) and PVD (Physical Vapor Deposition) processes used in deposition/metal wiring among the eight major semiconductor processes. ALD is a cutting-edge technique that continuously deposits ultra-thin atomic layers to form uniform thin films. PVD is a method that vaporizes metals by sputtering or similar techniques to deposit thin films on desired substrates.

Last year, it recorded sales of 13.2 billion KRW and operating profit of 2.9 billion KRW, increasing by 38% and 124% respectively compared to the previous year. In the first half of this year, it continued its rapid growth with sales of 11.6 billion KRW and operating profit of 3.9 billion KRW. Geo Element plans to accelerate growth through ▲expanding mass production supply of sputtering targets ▲launching new products such as solid canisters and large-capacity evaporators ▲expanding global markets.

This listing will offer 1.547 million shares to the public. The expected public offering price is 7,600 to 8,700 KRW, with a total public offering amount of approximately 11.8 billion to 13.5 billion KRW. Demand forecasting will be held on the 6th and 7th, followed by subscription on the 12th and 13th. NH Investment & Securities is the lead underwriter.

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