What it is
When a company first lists on the Korea Exchange it sells new shares, sometimes with existing holders' shares, to institutional and retail investors.
The process
Registration statement → institutional book-building → final offer price → retail subscription (usually two days) → allocation and refunds → listing. Dates, price and underwriters appear in the DART registration statement.
What to keep in mind
On the first trading day the price limit ranges from 60% to 400% of the offer price, so moves can be large. Check where the price landed in the range, institutional lock-up commitments and the float available at listing.
See related filings and news data →
This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.