[This Week's IPO] March Second Week Demand Forecast and Subscription Schedule

by Jang Hyowon

Published 09 Mar.2025 08:00(KST)

[This Week's IPO] March Second Week Demand Forecast and Subscription Schedule

In the second week of this month (March), Now Robotics and AU Brands will conduct demand forecasting targeting institutional investors. TXR Robotics, Simple Platform, and Dozen are preparing for general subscription.

◆Now Robotics= Founded in 2016, Now Robotics is an intelligent robot specialized company with a product lineup covering industrial robots such as ▲pick-and-place robots ▲Cartesian robots ▲articulated robots ▲SCARA robots, as well as autonomous logistics robots across various industries.

The total number of shares offered is 2.5 million, with a price band of 5,900 to 6,800 KRW per share. The total offering size is between 14.7 billion and 17 billion KRW. Demand forecasting for institutional investors will be conducted from the 11th to the 17th, followed by general subscription from the 21st to the 24th. The lead underwriter is Daishin Securities, and the joint underwriter is IM Securities.

◆AU Brands= AU Brands operates the four-season weatherwear brand Rockfish Weatherwear. After acquiring its UK headquarters Zennar Ltd in January 2024, the company has been actively targeting the global market as a K-fashion brand.

The company plans to offer 2 million shares with a price band of 14,000 to 16,000 KRW per share. The offering size is expected to be between 28 billion and 32 billion KRW, with a post-listing market capitalization estimated at 198.2 billion to 226.6 billion KRW. Demand forecasting will be conducted from the 13th to the 19th targeting domestic and international institutional investors, and general subscription will take place over two days on the 25th and 26th. The listing underwriter is Korea Investment & Securities.

◆TXR Robotics= The offering price was set at the upper end of the price band (11,500 to 13,500 KRW), at 13,500 KRW per share. The demand forecasting competition rate among institutional investors was recorded at 862.62 to 1. General subscription for individual investors will be held on the 10th and 11th, with plans to list on the KOSDAQ market on the 20th. NH Investment & Securities and Shinhan Investment Corp are the underwriters.

Founded in 2017, TXR Robotics simultaneously operates a rapidly growing robot automation business and a stable logistics automation business in terms of profitability. The company has independently developed autonomous mobile robots (AMRs) equipped with ultra-precision sensor docking technology and Mecanum wheels, and has established a sorter product lineup featuring ultra-small and ultra-fast sorting technology. It maintains the number one market share in the wheel sorter market based on deliveries to the largest e-commerce company in Korea.

◆Simple Platform= The desired price range per share is 13,000 to 15,000 KRW, with an expected offering size of approximately 12 billion to 13.8 billion KRW. Demand forecasting was conducted until the 6th, and general subscription will be held on the 11th and 12th, aiming for listing within March. The listing underwriter is KB Securities.

Simple Platform has focused on developing data solutions that integrate AI and IoT technologies. The company comprehensively processes all stages of data collection, storage, management, analysis, and prediction from equipment and devices using IoT technology. Based on this, it provides solutions such as predictive maintenance, quality inspection, production optimization, supply chain optimization, resource optimization, and product servitization to its clients.

◆Dozen= The desired offering price per share is between 10,500 and 12,500 KRW, with a total expected offering amount of approximately 26.3 billion to 31.3 billion KRW. Demand forecasting for institutions will be conducted from the 28th to March 7th, followed by general subscription on March 12th and 13th, aiming for listing within March. The listing underwriter is Korea Investment & Securities.

Dozen is a company expanding its B2B business based on financial networks. Since its establishment in 2017, it entered the corporate financial VAN (Value Added Network) business in 2019. Dozen developed the industry's first redundancy technology, which is a system that allows user institutions to process transactions through two financial VAN companies.