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

[Asia Economy Reporter Jang Hyowon] In the third week of this month (October), QRLT, Femtron, JITech, and Neuromeka will conduct demand forecasting for institutional investors. Sandol and Jeostem are preparing for general subscription.

◆QRLT= Established in 2014, QRLT is the only comprehensive semiconductor analysis company in Korea that performs reliability testing and analysis of developed chip semiconductors. It has accumulated over 35 years of reliability evaluation technology since its predecessor, Hyundai Electronics (now SK Hynix).

The total number of shares offered is 990,500 shares (100% new shares), with a desired public offering price of 51,400 to 62,900 KRW per share. Through this offering, it plans to raise approximately 62.3 billion KRW (based on the upper limit of the desired price band). Demand forecasting for institutional investors will be conducted on the 18th and 19th to finalize the offering price, followed by general subscription on the 24th and 25th. The company is scheduled to be listed in November, with Mirae Asset Securities as the lead underwriter.

◆Femtron= Founded in 2002, Femtron develops and supplies inspection equipment for electronic product assembly processes based on 3D precision measurement and inspection technology. Its main products include ▲SMT (Surface Mount Technology) ▲semiconductor packages and wafers ▲secondary battery 3D inspection equipment.

The total number of shares offered is 1.1 million. The desired price band is 10,000 to 11,000 KRW per share, with an expected offering amount of approximately 11 to 12.1 billion KRW. Demand forecasting for institutional investors will be held on the 19th and 20th, and general subscription for retail investors will take place on October 25th and 26th. Hana Securities is the lead underwriter.

◆JITech= Founded in 2014 by CEO Ham Seokheon, JITech focuses on precursors, which are key materials in thin film deposition during semiconductor device manufacturing processes. It also handles display photo mask cases, OLED materials, and rare gases for semiconductors.

The company plans to offer a total of 1,728,870 shares, with a desired price range of 13,000 to 16,000 KRW per share. Demand forecasting will be conducted over two days on the 20th and 21st to finalize the offering price, followed by general subscription on the 26th and 27th of the same month. The expected market capitalization after listing is approximately 106.5 to 131.1 billion KRW. Mirae Asset Securities is the lead underwriter.

◆Neuromeka= Neuromeka, established in 2013, is a collaborative robot specialist company. Led by CEO Park Jonghoon, a mechanical engineering PhD from Pohang University of Science and Technology with 30 years of experience, Neuromeka holds advanced competitiveness in robot control technology, stabilization technology, and teaching technology.

The total number of shares offered is 1.5 million, with a desired price range of 14,000 to 16,900 KRW per share, and an expected offering amount of 21 to 25.3 billion KRW. Demand forecasting for institutional investors will be held on the 20th and 21st, with general subscription on the 26th and 27th. It is a technology-special exception listing, scheduled for mid-October. Daishin Securities is the lead underwriter.

◆Sandol= The desired price band per share is 16,000 to 18,800 KRW. A total of 1.49 million shares will be offered. Demand forecasting for institutional investors was conducted on the 12th and 13th, and general subscription will be held on the 18th and 19th. The company is scheduled to be listed on the KOSDAQ next month, with KB Securities as the lead underwriter.

Founded in 1984, Sandol is Korea’s first digital font company and the industry leader with global-level font production and service capabilities through continuous research and development (R&D). Recently, it has been evolving into a font-based creator content platform suited to the digital content environment.

◆Jeostem= The desired price band is 9,500 to 11,500 KRW, with an expected offering amount of approximately 16.3 to 19.8 billion KRW. Demand forecasting for institutional investors was conducted over two days on the 13th and 14th, and subscription will be held on the 19th and 20th. Mirae Asset Securities is the lead underwriter.

Established in 2016, Jeostem is a strong small and medium-sized enterprise in semiconductor contamination control solutions. Based on core element technologies, Jeostem has been selected as one of the top 100 small and medium-sized companies in materials, parts, and equipment, and recognized as an excellent corporate research institute by the Ministry of Science and ICT. It holds the industry’s best design technology and 101 patents, securing global top-tier IDM companies as clients.

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