The post-sales shipping service business is expected to raise between 3.26 trillion and 3.7 trillion through the initial public offering on the Kospi.
The Financial Supervisory Service's special judicial police squad raided the headquarters of NH Investment & Securities in western Seoul on Tuesday over the bloated initial public offering of FADU, a fabless solid-state drive and controller company.
The Kospi and Kosdaq are expected to see around 85 new listings with optimism abounding.
Operating profit, however, remains in the red as the company prepares for a possible IPO.
Internet-only Kbank plans to go public again two years after scrapping its initial IPO plan.
Corporate direct financing in Korea shrank from a month earlier in October due to a sharp drop in initial public offerings (IPOs), Financial Supervisory Service (FSS) data showed Tuesday.
Investors are questioning the eligibility of some corporate listings over allegations that certain companies, including FADU and EcoPro Materials, did not disclose important information prior to their IPOs.
Doosan Robotics' shares nearly doubled on its first day as a public company, but fell short of expectations for the largest IPO in Korea this year.
As of 1 p.m. Thursday, the robot supplier is trading at 50,600 won ($37.6) after peaking at 67,600 won earlier that day.
Doosan Robotics has attracted strong interest from major investors for its upcoming IPO, including sovereign wealth funds. The offering price has been set at the upper end of the suggested price band.
Korea JoongAng Daily Sitemap