In the second week of this month (August), Smart Radar System and Secure Letter will conduct demand forecasting for institutional investors. Victory Contents and Nexteel are preparing for general subscription.



◆Smart Radar System= Established in 2017, Smart Radar System has secured signal processing technology for 4D imaging radar for both mobility and non-mobility uses, commercializing 4-dimensional radar products applicable to autonomous vehicles, special-purpose vehicles, smart cities, healthcare, and more.


The company is offering a total of 2.22 million shares with a desired offering price band of 5,800 to 6,800 KRW per share. The total offering amount is approximately 12.9 billion KRW. Demand forecasting for institutional investors will be conducted on the 7th and 8th, followed by general subscription on the 10th and 11th. The lead underwriter is Daishin Securities.


◆Secure Letter= Secure Letter, established in 2015, is a cybersecurity company specializing in malware detection and blocking. It develops and supplies security threat diagnosis software and cloud email security services. The company's core technology, reverse engineering, analyzes systems in reverse to understand the process of file input-processing-output and detects and blocks threats from security vulnerabilities during this process.


The total number of shares offered is 1,159,900, with a desired offering price per share of 9,200 to 10,600 KRW. Approximately 12.2 billion KRW (based on the upper limit of the offering price) will be raised through this offering. Demand forecasting for institutional investors will be held on the 8th and 9th to finalize the offering price, followed by general subscription from the 14th to the 16th. The lead underwriter is Daishin Securities.



◆Victory Contents= The offering price was set at the top of the desired band at 23,000 KRW. The demand forecasting for institutional investors recorded a competition rate of 731.17 to 1. Approximately 10.7 billion KRW will be raised through this offering. General subscription for individual investors will be conducted over two days on the 7th and 8th for 117,050 shares, which is 25% of the total offering volume, and the company is scheduled to be listed on the 17th. NH Investment & Securities is the lead underwriter.


Founded in 2003, Victory Contents (formerly Big Contents) is a drama production company known for excellent content such as "What Happened in Bali," "War of Money," and "The Great Queen Seondeok." Its latest work is the KBS weekend drama "The Real Has Appeared," which records around 20% viewership per episode.


◆Nexteel= The desired offering price range is 11,500 to 12,500 KRW. The total offering size is expected to be between 80.5 billion and 87.5 billion KRW, with an estimated market capitalization of 299 billion to 325 billion KRW. Demand forecasting for institutional investors was conducted over two days on the 2nd and 3rd, and the general subscription period is on the 9th and 10th. The lead underwriter is Hana Securities.



Nexteel is a comprehensive steel pipe manufacturing company specializing in pipes for the Oil & Gas energy industry, pipes for transporting water and steam, and structural/machine structural steel pipes used in shipbuilding, wind power, and construction. The company procures hot-rolled coils (HR-coil), the raw material for steel pipes, from POSCO and others to produce top-quality steel pipes.


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

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