[Click eStock] "Early Year IPO Market, a Smooth Start"

On the 17th, SK Securities analyzed that the initial public offering (IPO) market sentiment at the beginning of the year is stable.

Na Seung-du, a researcher at SK Securities, explained, "So far this year, a total of eight companies have completed their IPO demand forecasts," adding, "The initial atmosphere is positive."

He continued, "LG CNS is reported to have received high interest from institutional investors," and added, "If they do not overreach, it is highly likely that the offering price will be set at the upper end of the expected price range." Furthermore, he emphasized, "Among the six companies that announced their demand forecast results, three set their offering prices at the upper end of the expected range, while the other three set theirs at or below the lower end of the expected range."

Researcher Na analyzed, "Companies with strong growth potential in their respective industries and earnings, as well as those operating in market-leading sectors and related businesses, received relatively high interest from investors."

He explained, "One of the clear characteristics observed in the IPO market since August last year is that the proportion of existing investors without lock-up periods has started to increase." He added, "This means that the proportion of circulating stocks with a relatively strong desire for profit-taking has increased," and predicted, "It is highly likely that the highest selling profit rate on the listing day will continue to appear this year as well."

Researcher Na stated, "Investor interest in the IPO market is growing due to the rebound in the domestic stock market at the beginning of the year and the emergence of large-scale new listed companies."

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