Yuil Robotics, General Subscription Competition Rate 2535 to 1... Subscription Deposits Surpass 6 Trillion Won

[Asia Economy Reporter Hwang Yoon-joo] Yuil Robotics announced on the 8th that the subscription competition rate for the public offering targeting general investors, conducted over two days on the 7th and 8th, was recorded at 2535.3 to 1. The subscription deposit amounted to approximately 6.8136 trillion KRW.

Yuil Robotics is a total solution company for production automation robots, which started as Yuil System in 2011 and changed its name last year.

Currently, it has established a product lineup of robots necessary for industrial automation, such as collaborative robots and multi-joint robots, focusing on the industrial robot sector.

Earlier last month, based on the institutional demand forecast, the public offering price was set at 10,000 KRW, exceeding the upper limit of the desired range (7,600 KRW to 9,200 KRW). The public offering amount is approximately 21.5 billion KRW.

Having completed the public offering process, Yuil Robotics is scheduled to be listed on the KOSDAQ market on the 18th.

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