[Stock in Focus] Green Optical Soars Over 90% on First Day of KOSDAQ Listing

On its first day of listing on KOSDAQ, Green Optical successfully achieved a "double" (a 100% increase from the offering price).

The Korea Exchange KOSDAQ Market Division held a listing ceremony for Green Optical, a company specializing in ultra-precision optical systems and optical materials manufacturing, at 9 a.m. on the 17th in the PR center of its Seoul headquarters.

As of 9:45 a.m. on the 17th, Green Optical was trading at 31,050 won, up 15,050 won (94.06%) from its offering price of 16,000 won. During the session, the price rose as high as 55,000 won.

Green Optical recorded a competition rate of 962.34 to 1 in the institutional investor demand forecast conducted from October 28 to November 3, resulting in the offering price being set at the upper end of the desired range (14,000 to 16,000 won), at 16,000 won. In the general subscription held on November 6 and 7, the competition rate reached 1,199.94 to 1. Approximately 4.8 trillion won was collected as subscription deposits.

Established in 1999, Green Optical supplies high-performance optical materials and products used across advanced industries such as defense, aerospace, semiconductors, and displays. One quarter of all employees are engaged in research and development. Based on its one-stop manufacturing technology and zinc sulfide (STD-ZnS & MS-ZnS) production capabilities, the company received an A·A rating in the technology assessment.

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