Hyundai HD Marine Solution
Biggest IPO in the first half of this year
Overall subscription odds: 255 to 1
Enlarge Yonhap News photo
HD Hyundai Marine Solutions, the largest stock in the initial public offering (IPO) market in the first half of this year, achieved good results in the subscription of public offering shares to general investors.
According to the financial investment industry on the 26th, HD Hyundai Marine Solutions recorded a competition rate of 254.39 to 1 based on the window of KB Securities, the main listing manager, in the general subscription held from the 25th to today. The total subscription margin was calculated to be around 25.4 trillion won.
In the market, considering that Doosan Robotics, which had a successful IPO last year, shows a competition rate of 524 to 1 in the overall subscription, it is evaluated that it has achieved good results with a much larger acquisition scale. At that time, the estimated market capitalization of Doosan Robotics was KRW 1.6853 trillion and the amount of the public offering was KRW 421.2 billion. HD Hyundai Marine Solutions has an estimated market capitalization of 3.7071 trillion won and a public offering amount of 742.3 billion won.
Previously, HD Hyundai Marine Solutions conducted a demand forecast for institutional investors from the 16th to the 22nd and confirmed the public offering price of 83,400 won, at the upper end of the desired range (73,300 to 83,400 won). 2021 organizations participated in demand forecasting, recording a competition rate of 201.13.
HD Hyundai Marine Solutions is scheduled to be listed on the stock market on the 8th of next month after the general subscription closes today. The lead underwriters for the listing were KB Securities, UBS, and JP Morgan.
In the securities industry, as HD Hyundai Marine Solutions achieved good results in overall subscription following demand forecasting, there are expectations that the IPO market, which has been heating up mainly for small and medium public offerings since the end of the last year, also lead to a very very public offering of stocks worth trillions of gain.
An official in the financial investment industry said, “Current market interest and stamina have shown that even very large public offerings can be dealt with,” adding, “It could also have a positive impact on public offerings of companies with corporate values worth trillions of win, like K Bank, which has published its listing this year “He said.
If you liked this article, click like.
good good 0
#competition #rate #earth #stock #people #flocking #buy #trillion #won
