Melcon IPO
멜콘 · Listed
Melcon (멜콘) IPO subscription runs Thu Oct 1 to Fri Oct 2. The offer price is ₩12,300 for 2,500,000 shares, about ₩30.8bn in total. Underwriters: Daishin Securities. Payment and refund date: Wed Oct 7. Trading is scheduled to start on Thu Oct 15. Institutional book-building drew 2,405 bids for a demand ratio of 1,136.84 : 1, with lock-up commitments on 36.1% of bid volume, and the price was set at the top of the range at ₩12,300. 34.5% of listed shares are tradable on day one. The retail subscription ratio was 1,741.48 : 1 across 254,009 applications, with 1 shares per account under equal allocation.
Book-building and subscription results
All IPO resultsFigures 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 1,136.84 : 1 ranks 13 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. Its day-one float of 34.5% 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
| Role | Broker | Shares | Amount |
|---|---|---|---|
| Lead | Daishin Securities | 2,500,000 | ₩26.8bn |
Melcon IPO FAQ
- When is the Melcon IPO subscription?
- Thu Oct 1 to Fri Oct 2 (Korea time). Refunds and payment are on Wed Oct 7.
- What is the Melcon IPO price?
- ₩12,300 per share. The indicative range was ₩10,700-12,300, and the price was set at the top of the range.
- What was the Melcon book-building demand ratio?
- 2,405 institutional bids produced a demand ratio of 1,136.84 : 1; lock-up commitments covered 36.1% of bid volume.
- When does Melcon list on the Korean stock market?
- Trading is scheduled to start on Thu Oct 15, per the issuance result report filed with DART.
- How many Melcon shares are tradable on listing day?
- Per the registration statement, 34.5% of shares to be listed (4,346,680 shares) can be traded on the listing day. As lock-ups expire this rises to 35.09% after 3 months and 35.29% after 6 months (cumulative).
- What was the Melcon retail subscription ratio?
- 1,741.48 : 1 across 254,009 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.