When is the Brils IPO subscription?

Thu Sep 17 to Fri Sep 18 (Korea time). Refunds and payment are on Tue Sep 22.

What is the Brils IPO price?

₩19,500 per share. The indicative range was ₩16,500-19,500, and the price was set at the top of the range.

What was the Brils book-building demand ratio?

2,181 institutional bids produced a demand ratio of 1,187.74 : 1; lock-up commitments covered 21.7% of bid volume.

When does Brils list on the Korean stock market?

Trading is scheduled to start on Thu Oct 1, per the issuance result report filed with DART.

Brils IPO

브릴스 · Listed

한국어 DART filing

Offer price₩19,500Final terms filed

Shares offered1,200,000

Offering size₩23.4bn

SubscriptionThu Sep 17

Brils (브릴스) IPO subscription runs Thu Sep 17 to Fri Sep 18. The offer price is ₩19,500 for 1,200,000 shares, about ₩23.4bn in total. Underwriters: IBK Investment & Securities. Payment and refund date: Tue Sep 22. Trading is scheduled to start on Thu Oct 1. Institutional book-building drew 2,181 bids for a demand ratio of 1,187.74 : 1, with lock-up commitments on 21.7% of bid volume, and the price was set at the top of the range at ₩19,500. The retail subscription ratio was 1,676.26 : 1 across 113,800 applications.

Book-building and subscription results

All IPO results

Institutional demand ratio1,187.74 : 12,181 bids · 855,171,000 shares

Lock-up commitments21.7%share of bid volume

Final offer price₩19,500range 16,500~19,500 · at the top of the range

Retail subscription ratio1,676.26 : 1113,800 applications

Subscribed amount₩4.90tnshares 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 1,187.74 : 1 ranks 10 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. A high demand ratio does not predict the listing-day move. See Korea IPO demand results.

Underwriters

Role	Broker	Shares	Amount
Lead	IBK Investment & Securities	1,200,000	₩19.8bn

Brils IPO FAQ

When is the Brils IPO subscription?: Thu Sep 17 to Fri Sep 18 (Korea time). Refunds and payment are on Tue Sep 22.
What is the Brils IPO price?: ₩19,500 per share. The indicative range was ₩16,500-19,500, and the price was set at the top of the range.
What was the Brils book-building demand ratio?: 2,181 institutional bids produced a demand ratio of 1,187.74 : 1; lock-up commitments covered 21.7% of bid volume.
When does Brils list on the Korean stock market?: Trading is scheduled to start on Thu Oct 1, per the issuance result report filed with DART.
What was the Brils retail subscription ratio?: 1,676.26 : 1 across 113,800 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.