Kido Industrial IPO

기도산업 · Listed

Offer price₩28,400Final terms filed
Shares offered1,700,000
Offering size₩48.3bn
SubscriptionTue Aug 11

Kido Industrial (기도산업) IPO subscription runs Tue Aug 11 to Wed Aug 12. The offer price is ₩28,400 for 1,700,000 shares, about ₩48.3bn in total. Underwriters: Mirae Asset Securities, Samsung Securities. Payment and refund date: Fri Aug 14. Trading is scheduled to start on Fri Aug 21. Institutional book-building drew 637 bids for a demand ratio of 213.31 : 1, with lock-up commitments on 0% of bid volume, and the price was set at the top of the range at ₩28,400. The retail subscription ratio was 5.51 : 1 across 23,586 applications.

Book-building and subscription results

All IPO results
Institutional demand ratio213.31 : 1637 bids · 264,723,800 shares
Lock-up commitments0%share of bid volume
Final offer price₩28,400range 24,800~28,400 · at the top of the range
Retail subscription ratio5.51 : 123,586 applications
Subscribed amount₩66.5bnshares applied × offer price

Figures from the DART final terms filing · issuance result report. Demand ratios are simple ratios of shares bid to shares allocated and do not show real demand for the stock. Not investment advice.

A demand ratio of 213.31 : 1 ranks 30 of the last 35 Korean IPOs with published results, where the median is 1,000.07 : 1. A high demand ratio does not predict the listing-day move. See Korea IPO demand results.

Underwriters

RoleBrokerSharesAmount
LeadMirae Asset Securities1,530,000₩37.9bn
Co-managerSamsung Securities170,000₩4.2bn

Kido Industrial IPO FAQ

When is the Kido Industrial IPO subscription?
Tue Aug 11 to Wed Aug 12 (Korea time). Refunds and payment are on Fri Aug 14.
What is the Kido Industrial IPO price?
₩28,400 per share. The indicative range was ₩24,800-28,400, and the price was set at the top of the range.
What was the Kido Industrial book-building demand ratio?
637 institutional bids produced a demand ratio of 213.31 : 1; lock-up commitments covered 0% of bid volume.
When does Kido Industrial list on the Korean stock market?
Trading is scheduled to start on Fri Aug 21, per the issuance result report filed with DART.
What was the Kido Industrial retail subscription ratio?
5.51 : 1 across 23,586 applications.

From the DART registration statement (equity securities). Book-building and subscription results are added once the final terms filing and issuance result report are published; listing dates are not included. Not investment advice.