[This Week's IPO] April Second Week Demand Forecast and Subscription Schedule
In the second week of this month (April), Microtounano, Tomato System, and Narasella will conduct demand forecasting for institutional investors.
◆Microtounano=Founded in 2000, Microtounano is a specialized company that develops and mass-produces probe cards, a core component for semiconductor testing, based on MEMS (Micro-Electro-Mechanical Systems) technology. It mass-produces probe cards for NAND Flash memory semiconductor testing and focuses on developing probe cards for DRAM EDS and CIS.
The total number of shares offered is 1 million, with a desired offering price range of 13,500 to 15,500 KRW per share, and a total offering amount of 13.5 billion to 15.5 billion KRW. The offering price will be finalized through institutional demand forecasting on the 10th and 11th, followed by general subscription on April 17th and 18th. The lead underwriter is Korea Investment & Securities.
◆Tomato System=Tomato System is an ICT specialized company that secures customers across various industries such as universities, public sector, finance, and manufacturing, providing a variety of solutions and services including ▲UI/UX development solutions ▲DB modeling tools ▲university informatization solutions ▲SSO/portal, among others.
The total number of shares offered is 860,000, with a desired offering price band of 18,200 to 22,200 KRW. The expected market capitalization after the offering is 94.5 billion to 115.3 billion KRW. Institutional demand forecasting will be conducted on the 10th and 11th, followed by general subscription on the 18th and 19th. The lead underwriter is Kyobo Securities.
◆Narasella=Established in 1990 as a wine import specialist, Narasella is a wine import and distribution company with supply rights to over 120 brands and about 1,000 varieties of wine. Narasella is well known as the sole exclusive importer of Chile’s ‘Montes Alpha,’ which is called the ‘national wine’ after surpassing cumulative sales of 10 million bottles for the first time in Korea.
The total number of shares offered is 1.45 million, with a desired offering price band of 22,000 to 26,000 KRW. The expected market capitalization after the offering is 141.7 billion to 167.4 billion KRW. Institutional demand forecasting will be conducted from the 14th to the 17th, followed by general subscription on the 20th and 21st. The lead underwriter is Shin Young Securities.
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