Global Technologies IPO

글로벌테크놀로지 · Listed

Offer price₩10,000Final terms filed
Shares offered4,000,000
Offering size₩40.0bn
SubscriptionWed Sep 16

Global Technologies (글로벌테크놀로지) IPO subscription runs Wed Sep 16 to Thu Sep 17. The offer price is ₩10,000 for 4,000,000 shares, about ₩40.0bn in total. Underwriters: Korea Investment & Securities. Payment and refund date: Mon Sep 21. Trading is scheduled to start on Tue Sep 29. Institutional book-building drew 961 bids for a demand ratio of 123.19 : 1, with lock-up commitments on 0.3% of bid volume, and the price was set below the range at ₩10,000. 22.19% of listed shares are tradable on day one. The retail subscription ratio was 57.15 : 1 across 77,278 applications.

Book-building and subscription results

All IPO results
Institutional demand ratio123.19 : 1961 bids · 369,558,000 shares
Lock-up commitments0.3%share of bid volume
Final offer price₩10,000range 13,000~15,000 · below the range
Tradable on listing day22.19%4,359,571 shares · 31.93% after 1 mo · 32.44% after 3 mo
Retail subscription ratio57.15 : 177,278 applications
Subscribed amount₩571bnshares 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 123.19 : 1 ranks 32 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. Its day-one float of 22.2% 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
LeadKorea Investment & Securities4,000,000₩52.0bn

Global Technologies IPO FAQ

When is the Global Technologies IPO subscription?
Wed Sep 16 to Thu Sep 17 (Korea time). Refunds and payment are on Mon Sep 21.
What is the Global Technologies IPO price?
₩10,000 per share. The indicative range was ₩13,000-15,000, and the price was set below the range.
What was the Global Technologies book-building demand ratio?
961 institutional bids produced a demand ratio of 123.19 : 1; lock-up commitments covered 0.3% of bid volume.
When does Global Technologies list on the Korean stock market?
Trading is scheduled to start on Tue Sep 29, per the issuance result report filed with DART.
How many Global Technologies shares are tradable on listing day?
Per the registration statement, 22.19% of shares to be listed (4,359,571 shares) can be traded on the listing day. As lock-ups expire this rises to 31.93% after 1 month and 32.44% after 3 months (cumulative).
What was the Global Technologies retail subscription ratio?
57.15 : 1 across 77,278 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.