Dts IPO

디티에스 · Listed

Offer price₩18,500Final terms filed
Shares offered2,228,917
Offering size₩41.2bn
SubscriptionTue Oct 13

Dts (디티에스) IPO subscription runs Tue Oct 13 to Wed Oct 14. The offer price is ₩18,500 for 2,228,917 shares, about ₩41.2bn in total. Underwriters: Daishin Securities, Eugene Investment & Securities. Payment and refund date: Fri Oct 16. Trading is scheduled to start on Fri Oct 23. Institutional book-building drew 2,381 bids for a demand ratio of 983.98 : 1, with lock-up commitments on 13.3% of bid volume, and the price was set at the top of the range at ₩18,500. 15.12% of listed shares are tradable on day one. The retail subscription ratio was 986.89 : 1 across 240,989 applications, with 1 shares per account under equal allocation.

Book-building and subscription results

All IPO results
Institutional demand ratio983.98 : 12,381 bids · 1,644,913,000 shares
Lock-up commitments13.3%share of bid volume
Final offer price₩18,500range 17,000~18,500 · at the top of the range
Tradable on listing day15.12%2,250,787 shares · 21.97% after 3 mo · 47.6% after 6 mo
Retail subscription ratio986.89 : 1240,989 applications
Equal allocation1 shares per accountpro-rata ratio 997.54 : 1
Subscribed amount₩5.09tnshares 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 983.98 : 1 ranks 19 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. Its day-one float of 15.1% compares with a median of 31.3% over the same set. A high demand ratio does not predict the listing-day move. See Korea IPO demand results.

Underwriters

RoleBrokerSharesAmount
LeadDaishin Securities2,006,025₩34.1bn
Co-managerEugene Investment & Securities222,892₩3.8bn

Dts IPO FAQ

When is the Dts IPO subscription?
Tue Oct 13 to Wed Oct 14 (Korea time). Refunds and payment are on Fri Oct 16.
What is the Dts IPO price?
₩18,500 per share. The indicative range was ₩17,000-18,500, and the price was set at the top of the range.
What was the Dts book-building demand ratio?
2,381 institutional bids produced a demand ratio of 983.98 : 1; lock-up commitments covered 13.3% of bid volume.
When does Dts list on the Korean stock market?
Trading is scheduled to start on Fri Oct 23, per the issuance result report filed with DART.
How many Dts shares are tradable on listing day?
Per the registration statement, 15.12% of shares to be listed (2,250,787 shares) can be traded on the listing day. As lock-ups expire this rises to 21.97% after 3 months and 47.6% after 6 months (cumulative).
What was the Dts retail subscription ratio?
986.89 : 1 across 240,989 applications, with 1 shares per account under equal allocation.

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.