Public IPO to increase up to ‘30.5%’…Expansion expected in prior to large IPO
Kim Min Soo | minsu@ | 2018-03-30 11:20:01
The KOSDAQ IPO market has been buoyed by the government`s KOSDAQ activation policy, and the IPO market has been showing a strong performance from the first quarter. The IPO market is expected to expand this year as SK Telecom and SK Telecom are scheduled to list major mobile carriers such as SK Lubricants and Lotte Telecom.
According to IR consulting specialist IR Kyudas on March 29, there were 14 new IPO companies in the first quarter of this year. By market, KOSDAQ has 13 companies and KOSPI is one.
The total number of IPOs totaled KRW 487 billion, up 30.5% from the same period last year. Among them, Aekyung, which was listed on the KOSPI on the 22nd of last month, reached the highest level in the first quarter of 1979 billion won. Followed by caf？24 (KRW 51.3 billion) listed on KOSDAQ, ENGEMCEM Life Science (KRW 43.1 billion), Dongbu BioPharma (33.1 billion KRW), Alico Pharmaceutical (KRW 28.2 billion) and Care Labs (KRW 26.0 billion).
A total of 12 companies entered the IPO market in the first quarter, creating a favorable atmosphere for the IPO market. Especially, five companies, including Link Jennings, Dongbu Bio Pharma, Austenic, Lyndon Asia Investments, and Care Labs, outperformed the hope band.
Therefore, the IPO market has been enjoying favorable trend since the first quarter, and the strength of the pharmaceutical, biotech and information technology industries has been strong.
Alico Pharmaceutical, Dong-gu Biotech, Enkym Life Science, and Austenic, both listed pharmaceutical and biotech companies led the IPO market. IT companies also continued to consolidate with the listing of three companies including Linkesys, Cafe 24, and Care Labs. Among the leading companies, Daishin Securities listed four companies in the first quarter alone and became the top-ranking company in the industry. The IR industry forecasts that IPOs will increase further as more companies are listed on the KOSDAQ IPO market.
"As the barriers to entering the KOSDAQ market have eased, we expect IPO volumes to be abundant in a variety of industries after the second quarter of this year," an IR official said. "SK Lubricants, which submitted a tender bill, and Hyundai Oilbank "There is a growing expectation about the size of public offerings in the past, as large companies are publicly listed."
By Kim Min Soo minsu@
[ copyright ⓒ The Digitaltimes ]
According to IR consulting specialist IR Kyudas on March 29, there were 14 new IPO companies in the first quarter of this year. By market, KOSDAQ has 13 companies and KOSPI is one.
The total number of IPOs totaled KRW 487 billion, up 30.5% from the same period last year. Among them, Aekyung, which was listed on the KOSPI on the 22nd of last month, reached the highest level in the first quarter of 1979 billion won. Followed by caf？24 (KRW 51.3 billion) listed on KOSDAQ, ENGEMCEM Life Science (KRW 43.1 billion), Dongbu BioPharma (33.1 billion KRW), Alico Pharmaceutical (KRW 28.2 billion) and Care Labs (KRW 26.0 billion).
A total of 12 companies entered the IPO market in the first quarter, creating a favorable atmosphere for the IPO market. Especially, five companies, including Link Jennings, Dongbu Bio Pharma, Austenic, Lyndon Asia Investments, and Care Labs, outperformed the hope band.
Therefore, the IPO market has been enjoying favorable trend since the first quarter, and the strength of the pharmaceutical, biotech and information technology industries has been strong.
Alico Pharmaceutical, Dong-gu Biotech, Enkym Life Science, and Austenic, both listed pharmaceutical and biotech companies led the IPO market. IT companies also continued to consolidate with the listing of three companies including Linkesys, Cafe 24, and Care Labs. Among the leading companies, Daishin Securities listed four companies in the first quarter alone and became the top-ranking company in the industry. The IR industry forecasts that IPOs will increase further as more companies are listed on the KOSDAQ IPO market.
"As the barriers to entering the KOSDAQ market have eased, we expect IPO volumes to be abundant in a variety of industries after the second quarter of this year," an IR official said. "SK Lubricants, which submitted a tender bill, and Hyundai Oilbank "There is a growing expectation about the size of public offerings in the past, as large companies are publicly listed."
By Kim Min Soo minsu@