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

[Asia Economy Reporter Jang Hyowon] In the second week of this month (May), One Store and Taelim Paper will conduct demand forecasting targeting institutional investors. Gaon Chips and Master Premier REITs No.1 are preparing for public subscription targeting general investors.

◆One Store= One Store, a native app market, distributes games, apps, and physical products, and provides web novels, webtoons, and comics through One Story. Some content is self-produced and distributed. One Store is a joint app market of the three major telecom companies and comes pre-installed on mobile phones. It is known to hold the second largest market share in the domestic app market.

The total number of shares offered is 6.66 million, with a desired offering price of 34,300 to 41,700 KRW. Based on the lower end of the offering price, it will raise 228.4 billion KRW. Among the offered shares, 29%, or 1.935 million shares, are existing shares sold by current shareholders. Demand forecasting for institutional investors will be conducted on the 9th and 10th, followed by public subscription on the 12th and 13th. The lead underwriters are NH Investment & Securities and KB Securities, with SK Securities as a joint underwriter.

◆Taelim Paper= Established in 1986, Taelim Paper produces all types of paper used in corrugated boxes (surface paper, corrugating medium, and back paper). It holds the number one market share with major production bases nationwide and the largest production capacity in Korea.

Taelim Paper plans to offer 8.104 million shares in this IPO. The expected offering price is 19,000 to 22,000 KRW, with a total offering amount ranging from 154 billion to 178.3 billion KRW. Demand forecasting will be held on the 9th and 10th, followed by subscription on the 12th and 13th, with a plan to list on the KOSPI within this month. The lead underwriters are Shinhan Investment Corp. and Hana Financial Investment.

◆Gaon Chips= Gaon Chips finalized its offering price at 14,000 KRW, exceeding the upper limit of the desired price band of 11,000 to 13,000 KRW during demand forecasting. The simple competition rate was 1,847.12 to 1, with a total offering amount of 28 billion KRW, and the post-listing market capitalization is expected to be around 160.8 billion KRW. Subscription will be held on the 11th and 12th, with plans to enter the KOSDAQ market in mid-May. Daishin Securities is the lead underwriter.

Founded in 2012, Gaon Chips is a system semiconductor design solution company providing total solutions from IP sourcing to packaging design and Off-Chip PSI simulation. It is the only domestic company playing a pivotal role in connecting foundry companies and fabless companies during the system semiconductor development process.

◆Master Premier REITs No.1= The offering price of Master Premier REITs No.1 is 5,000 KRW, with 11.86 million shares offered, aiming to raise 59.3 billion KRW through this offering. Public subscription will be conducted on the 12th and 13th. Samsung Securities is the lead underwriter.

Master Premier REITs holds high-quality domestic and international assets as underlying assets, including Amazon logistics centers in France (Normandy, southern France), Incheon Hangdong smart logistics center, and Crystal Park office in France.

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