[This Week's IPO] November Fifth Week Demand Forecast and Subscription Schedule

In the fifth week of this month (November), KNS and LS Materials will conduct general subscription offerings.

◆KNS= The public offering price was set at 23,000 KRW, exceeding the upper limit of the desired price band (19,000~22,000 KRW). A total of 1,934 domestic and international institutions participated in the demand forecast, with a simple competition rate of 964.82 to 1. The public offering amount is expected to be approximately 17.3 billion KRW, and the market capitalization after listing is projected to be about 89.3 billion KRW. All institutions participating in the demand forecast (including those that did not specify a price) proposed prices at or above the upper limit of 22,000 KRW. KNS plans to conduct the general subscription on the 27th and 28th and list on KOSDAQ on December 6. Shin Young Securities is the lead underwriter for the listing.

KNS is a manufacturer of automated CID (Current Interrupt Device) equipment for secondary batteries. Starting with secondary batteries for smartphones in 2010, it succeeded in developing cylindrical battery CID equipment for electric vehicles in 2015. The company has continuously grown externally by developing and manufacturing automated safety component manufacturing equipment applied in the assembly and pack processes of secondary battery production.

◆LS Materials= The total number of shares offered this time is 14,625,000, with an expected public offering price of 4,400 to 5,500 KRW. The total expected public offering amount ranges from 64.3 billion to 80.4 billion KRW. The public offering price will be finalized through a demand forecast by the 28th, and general subscription will be accepted from December 1 to 4. KB Securities and Kiwoom Securities will jointly serve as lead underwriters.

LS Materials' main businesses are broadly divided into eco-friendly energy (UC) and aluminum materials and components. It holds the world’s number one position in the large product segment of the ultra capacitor (UC) market, known as the ‘next-generation secondary battery.’ UC is used in wind turbine generators, UPS (Uninterruptible Power Supply) systems in semiconductor factories, factory automation, and Automated Guided Vehicles (AGV).

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