[This Week's IPO] January Fourth Week Demand Forecast and Subscription Schedule

In the fourth week of this month (January), Dongkuk Life Science and ISTI will conduct demand forecasting targeting institutional investors. PIE, IGNet, and LG CNS are preparing for general subscription.

◆Dongkuk Life Science= Established in May 2017, Dongkuk Life Science currently holds the number one market share in the domestic contrast agent market, achieving a dominant market position. The contrast agents, in which the company has a strong competitive advantage, allow for clearer visualization of diagnostic areas such as organs, blood vessels, and tissues in imaging diagnostics like CT and MRI, enabling faster and more accurate diagnosis.

Through this listing, 2 million shares will be offered. The desired public offering price per share is between 12,600 and 14,300 KRW, with a total expected offering amount of approximately 25.2 billion to 28.6 billion KRW. The company will conduct demand forecasting over five days from the 20th to the 24th, and general subscription will be held over two days on February 5th and 6th. NH Investment & Securities and KB Securities are in charge of the listing underwriting.

◆ISTI= Founded in 2013, ISTI is a specialized company that develops and mass-produces semiconductor equipment, focusing on future growth by successfully developing PECVD, a core semiconductor process equipment. Based on professional research personnel and the execution of national projects for PECVD, the company succeeded in developing SiCN PECVD equipment in 2021.

A total of 1.3 million shares will be offered. The desired offering price range is 9,700 to 11,400 KRW, with an offering amount of 12.6 billion to 14.8 billion KRW. Demand forecasting targeting institutional investors will be conducted over five business days from the 21st to the 27th, and general subscription will take place on February 3rd and 4th. KB Securities is the underwriter.

◆PIE= The public offering price was fixed at the upper end of the desired price band, 5,000 KRW. A total of 1,921 institutions participated, recording a competition rate of 1,117.74 to 1. General public subscription will be held over two days on the 20th and 21st. The company is scheduled to be listed on the KOSDAQ market on February 4th. Samsung Securities is the underwriter.

PIE possesses AI-based inspection software technology developed in-house. Based on this, it provides essential solutions for quality stability and productivity maximization in ultra-precision manufacturing processes such as ▲electric vehicle batteries ▲ESS batteries ▲semiconductor glass substrates.

◆IGNet= The public offering price was fixed at the upper end of the desired band, 7,000 KRW. The demand forecasting recorded a competition rate of 1,138.59 to 1. After general investor subscription on the 20th and 21st, the company is scheduled to be listed on the KOSDAQ market on the 4th of next month. Korea Investment & Securities is the lead underwriter.

Founded in 2014, IGNet developed and operates ‘Bodak,’ the first insurtech platform in Korea. In 2019, it launched the insurance diagnosis app ‘Bodak’ based on artificial intelligence technology, and in 2021, following the full approval of MyData, it realized highly personalized insurance diagnosis and recommendation service advancement.

◆LG CNS= The public offering price was fixed at the upper end of the desired price band, 61,900 KRW. The demand forecasting recorded a competition rate of 114 to 1. The funds gathered from demand forecasting amount to approximately 7.6 trillion KRW. General public subscription will be conducted over two days on the 21st and 22nd. Subscriptions are available through KB Securities, Mirae Asset Securities, Shinhan Investment Corp., Daishin Securities, NH Investment & Securities, and Hana Securities.

LG CNS is actively promoting its AI business centered on the ‘AI Center,’ which integrates AI business discovery, research, and execution organizations, and the ‘Gen AI Studio,’ which supports corporate clients’ innovation using generative AI. In the cloud sector, LG CNS has established itself as a leading domestic MSP (Managed Service Provider). It excels in securely transitioning and operating IT systems of clients with limited cloud experience to cloud environments, leading the industry through close partnerships with global top cloud companies such as Amazon Web Services (AWS), Microsoft, and Google Cloud.

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