When is the Tne Korea IPO subscription?

Tue Oct 20 to Wed Oct 21 (Korea time). Refunds and payment are on Fri Oct 23.

What is the Tne Korea IPO price?

₩15,300 per share. The indicative range was ₩12,600-15,300, and the price was set at the top of the range.

What was the Tne Korea book-building demand ratio?

2,274 institutional bids produced a demand ratio of 1,041.02 : 1.

When does Tne Korea list on the Korean stock market?

Trading is scheduled to start on Thu Oct 29, per the issuance result report filed with DART.

How many Tne Korea shares are tradable on listing day?

Per the registration statement, 31.29% of shares to be listed (3,551,856 shares) can be traded on the listing day. As lock-ups expire this rises to 47.02% after 1 month and 68.89% after 3 months (cumulative).

Tne Korea IPO

티앤이코리아 · Closed

한국어 DART filing

Offer price₩15,300Final terms filed

Shares offered2,400,000

Offering size₩36.7bn

SubscriptionTue Oct 20

Tne Korea (티앤이코리아) IPO subscription runs Tue Oct 20 to Wed Oct 21. The offer price is ₩15,300 for 2,400,000 shares, about ₩36.7bn in total. Underwriters: Shinhan Securities. Payment and refund date: Fri Oct 23. Trading is scheduled to start on Thu Oct 29. Institutional book-building drew 2,274 bids for a demand ratio of 1,041.02 : 1, and the price was set at the top of the range at ₩15,300. 31.29% of listed shares are tradable on day one. The retail subscription ratio was 1,253.39 : 1 across 208,413 applications.

Book-building and subscription results

All IPO results

Institutional demand ratio1,041.02 : 12,274 bids · 1,873,827,000 shares

Final offer price₩15,300range 12,600~15,300 · at the top of the range

Tradable on listing day31.29%3,551,856 shares · 47.02% after 1 mo · 68.89% after 3 mo

Retail subscription ratio1,253.39 : 1208,413 applications

Subscribed amount₩5.75tnshares 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 1,041.02 : 1 is the median of the last 34 Korean IPOs with published results. Its day-one float of 31.3% 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	Shinhan Securities	2,400,000	₩30.2bn

Tne Korea IPO FAQ

When is the Tne Korea IPO subscription?: Tue Oct 20 to Wed Oct 21 (Korea time). Refunds and payment are on Fri Oct 23.
What is the Tne Korea IPO price?: ₩15,300 per share. The indicative range was ₩12,600-15,300, and the price was set at the top of the range.
What was the Tne Korea book-building demand ratio?: 2,274 institutional bids produced a demand ratio of 1,041.02 : 1.
When does Tne Korea list on the Korean stock market?: Trading is scheduled to start on Thu Oct 29, per the issuance result report filed with DART.
How many Tne Korea shares are tradable on listing day?: Per the registration statement, 31.29% of shares to be listed (3,551,856 shares) can be traded on the listing day. As lock-ups expire this rises to 47.02% after 1 month and 68.89% after 3 months (cumulative).
What was the Tne Korea retail subscription ratio?: 1,253.39 : 1 across 208,413 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.