2023-12-04 09:25:54
| ▲ LS Materials employees producing ultracapacitors (UC). <연합뉴스> |
[비즈니스포스트] LS Materials successfully completed its public offering for general investors.
LS Materials announced on the 4th that the competition rate was 1,164.5 to 1 as a result of closing the public offering stock subscription for general investors on the 1st and 4th.
The subscription margin amounted to 12.7731 trillion won.
When demand forecasting was conducted for institutional investors from the 22nd to the 28th of last month, the competition rate was 396.8 to 1. At the time, institutional investors offered a price higher than the upper public offering price of 5,500 won.
LS Materials also set the public offering price for general investors at 6,000 won. The maximum subscription limit was limited to 6,000 to 7,000 shares for both institutional and general investors.
3,656,250 shares, equivalent to 25% of the total offering, were allocated for this subscription.
Kiwoom Securities and KB Securities were allocated 1,508,203 shares, equivalent to 41.25% of the number of shares offered, E-Best Investment & Securities was allocated 274,218 shares, and Hi Investment & Securities and NH Investment & Securities were allocated 182,813 shares each.
LS Materials will begin the margin payment and refund process from the 6th, and stock trading will begin on the 12th.
LS Materials went public on the same day and submitted a letter of commitment to the Korea Stock Exchange that it would not pursue listing of its subsidiaries for the next two years.
LS Materials was established in 2021 and its main businesses are eco-friendly energy (UC) and aluminum materials and components. Currently, its affiliates include LS RSCO and HAIMK, a joint venture with Austria’s HAI. Reporter Son Young-ho
1701688839
#Materials #general #subscription #competition #rate #margin #trillion #won
