[Asia Economy Reporter Jang Hyowon] In the fourth week of this month (October), DTNCRO and Yoonseong F&C will conduct demand forecasting targeting institutional investors. QRLT, JI Tech, and Neuromeka are preparing for general subscription.



◆DTNCRO= DTNCRO is the only full-service Contract Research Organization (CRO) in Korea, characterized by comprehensively handling all clinical needs from non-clinical efficacy and toxicity testing to early clinical trials and regulatory consulting. From the client's perspective, this significantly reduces costs and development schedules compared to conducting non-clinical, regulatory approval, and early clinical trials separately.


They are offering a total of 1.4 million shares with a public offering price range of 22,000 to 25,000 KRW. The public offering price will be finalized through demand forecasting over two days on the 26th and 27th, followed by a general subscription from November 2nd to 3rd. The expected market capitalization after listing is approximately 138.9 billion to 157.8 billion KRW. The lead underwriter is Kiwoom Securities.


◆Yoonseong F&C= Established in 1986, Yoonseong F&C began its main mixer business for secondary batteries in earnest in 2003. It has been recognized for its technology by supplying mass-production main mixers to LG Energy Solution and SK On. In particular, it possesses differentiated development capabilities for core equipment tailored to customer needs.


The desired public offering price per share ranges from 53,000 to 62,000 KRW, with a total planned public offering amount of 105.7 billion to 123.7 billion KRW. Demand forecasting for institutional investors will be conducted over two days on the 26th and 27th, and the general subscription will take place from November 2nd to 3rd. The lead underwriter is Mirae Asset Securities.



◆QRLT= QRLT, a semiconductor development chip reliability analysis specialist, finalized its public offering price at 44,000 KRW, 14% lower than the desired price, through institutional investor demand forecasting. The institutional demand forecasting competition rate was 86.9 to 1. The funds raised through this public offering, conducted entirely by issuing new shares, amount to 43.582 billion KRW.


The company plans to use the public offering funds for operational and facility expenses. Their strategy is to strengthen market dominance by expanding infrastructure, including increasing R&D personnel in equipment development and service advancement sectors, and acquiring additional equipment used in technology evaluation.


◆JI Tech= The desired public offering price range is 13,000 to 16,000 KRW. Demand forecasting was conducted over two days on the 20th and 21st, and the general subscription is scheduled for the 26th and 27th. The expected market capitalization after listing is approximately 106.5 billion to 131.1 billion KRW. The lead underwriter is Mirae Asset Securities.


Founded in 2014, JI Tech focuses on precursors, key materials for thin film deposition in semiconductor device manufacturing processes, and also handles display photo mask cases, OLED materials, and rare gases for semiconductors.


◆Neuromeka= The desired public offering price is between 14,000 and 16,900 KRW. Institutional demand forecasting was conducted on the 20th and 21st, and the general subscription will be held on the 26th and 27th. The expected amount to be raised through this public offering is estimated at 21 billion to 25.4 billion KRW. The lead underwriter is Daishin Securities.


Founded in 2013, Neuromeka is a collaborative robot specialist company. Collaborative robots operate in the same space as humans and physically interact with them. Based on its collaborative robot technology, Neuromeka has developed autonomous mobile robots, industrial robots, and delta robots.





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

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