[This Week's IPO] Book-Building and Subscription Schedule for the Fourth Week of April

by Jang Hyowon

Published 19 Apr.2026 08:00(KST)

In the fourth week of this month (April), Poled will conduct a book-building process for institutional investors. Chaevi is preparing for its public subscription for retail investors.

<Book-building>

◆Poled= Poled has been rapidly growing, focusing on premium baby electronics and parenting lifestyle products, including the AIRLUV ventilation and heating seat, as well as Pixel, Franklin, Yupang, and Baby Brezza. In particular, AIRLUV has established itself as a leading K-parenting export brand, gaining strong recognition not only in Korea but also in overseas markets and surpassing 1 million units in cumulative sales.

Through this IPO, Poled plans to issue 2.6 million new shares. The desired offering price per share is between 4,100 and 5,000 won, with the total expected offering amounting to approximately 10.7 billion won. The institutional investor book-building will be held from April 22 to 28, and the public subscription for retail investors is scheduled for May 4 to 6. The lead underwriter is NH Investment & Securities.

<Public Subscription>

◆Chaevi= The final offering price has been set at 12,300 won. Based on this price, the total IPO size amounts to approximately 110.7 billion won, and the public subscription for retail investors will take place on April 20 and 21. The lead underwriters are KB Securities and Samsung Securities, with Daishin Securities and Hana Securities serving as co-managers.

A total of 751 institutional investors participated in the book-building, resulting in a competition ratio of 55 to 1. About 70% of overseas institutional investors submitted bids at or above the top end of the price band, and approximately 38% of the total institutional volume was allocated at the highest price, confirming the overall strong demand. In particular, participation by global institutional investors stood out, highlighting robust interest from overseas investors.

Despite this strong demand, the company took a comprehensive approach, considering recent market conditions and mid- to long-term investment demand. Rather than focusing solely on short-term success, the company strategically set a market-friendly price to lower the entry barrier for investors and aims to maximize shareholder value by ensuring a stable stock price trend and upside potential after the listing.

Chaevi is a specialized electric vehicle charging infrastructure company providing a one-stop solution covering everything from EV charger development and manufacturing to installation, operation, and after-sales service. The number of rapid charging stations directly owned, operated, and managed by Chaevi is about 5,900, which is the largest among domestic private operators. Over the past four years, Chaevi has supplied the most rapid charging facilities, securing the top market share. In the manufacturing sector, Chaevi has maintained about a 60% share of contracts in government-led public rapid charging projects since 2017, establishing itself as a core partner in policy execution.