[Featured Stock] Yuil Robotics Achieves 'Double-Price Jump' on First Day of KOSDAQ Listing

[Asia Economy Reporter Myunghwan Lee] Yuil Robotics showed strong performance from the early hours on the first day of listing on the KOSDAQ market on the 18th, successfully achieving a 'Ttah-sang' (opening price formed at twice the IPO price followed by hitting the upper price limit).

As of 10:15 AM on the day, Yuil Robotics was trading at 26,000 KRW, up 30% from the opening price of 20,000 KRW. The opening price was set at 20,000 KRW, which is twice the IPO price of 10,000 KRW.

Yuil Robotics finalized its IPO price at 10,000 KRW, exceeding the upper limit of the expected range (7,600 KRW to 9,200 KRW) during the institutional demand forecast conducted last month. Approximately 6.8 trillion KRW in subscription deposits poured in from general investors, resulting in a competition rate of 2,535.3 to 1.

Founded in 2011, Yuil Robotics has established a product lineup in the industrial robot sector, including collaborative robots and multi-joint robots, and is currently focusing on the industrial robot field. Recently, it has been expanding its business area into smart factory solutions.

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