Sky Labs IPO

스카이랩스 · Listed

Offer price₩10,000Final terms filed
Shares offered2,000,000
Offering size₩20.0bn
SubscriptionWed Aug 26

Sky Labs (스카이랩스) IPO subscription runs Wed Aug 26 to Thu Aug 27. The offer price is ₩10,000 for 2,000,000 shares, about ₩20.0bn in total. Underwriters: Korea Investment & Securities. Payment and refund date: Mon Aug 31. Trading is scheduled to start on Fri Sep 4. Institutional book-building drew 246 bids for a demand ratio of 63.41 : 1, with lock-up commitments on 0.2% of bid volume, and the price was set below the range at ₩10,000. 27.26% of listed shares are tradable on day one. The retail subscription ratio was 2.85 : 1 across 16,152 applications.

Book-building and subscription results

All IPO results
Institutional demand ratio63.41 : 1246 bids · 95,112,000 shares
Lock-up commitments0.2%share of bid volume
Final offer price₩10,000range 13,000~16,000 · below the range
Tradable on listing day27.26%5,115,178 shares · 50.43% after 1 mo · 77.47% after 3 mo
Retail subscription ratio2.85 : 116,152 applications
Subscribed amount₩14.2bnshares 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 63.41 : 1 ranks 35 of the last 35 Korean IPOs with published results, where the median is 1,000.07 : 1. Its day-one float of 27.3% 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

RoleBrokerSharesAmount
LeadKorea Investment & Securities2,000,000₩26.0bn

Sky Labs IPO FAQ

When is the Sky Labs IPO subscription?
Wed Aug 26 to Thu Aug 27 (Korea time). Refunds and payment are on Mon Aug 31.
What is the Sky Labs IPO price?
₩10,000 per share. The indicative range was ₩13,000-16,000, and the price was set below the range.
What was the Sky Labs book-building demand ratio?
246 institutional bids produced a demand ratio of 63.41 : 1; lock-up commitments covered 0.2% of bid volume.
When does Sky Labs list on the Korean stock market?
Trading is scheduled to start on Fri Sep 4, per the issuance result report filed with DART.
How many Sky Labs shares are tradable on listing day?
Per the registration statement, 27.26% of shares to be listed (5,115,178 shares) can be traded on the listing day. As lock-ups expire this rises to 50.43% after 1 month and 77.47% after 3 months (cumulative).
What was the Sky Labs retail subscription ratio?
2.85 : 1 across 16,152 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.