IRQudus Pursues KOSDAQ Listing... Korea's First Standard IR and SR Infrastructure

IRQudus is aiming to become the first company in the domestic investor relations (IR) industry to be listed on the KOSDAQ market.

On June 23, IRQudus announced that it has submitted a preliminary application for KOSDAQ listing to the Korea Exchange. The company is pursuing a special listing track for innovative business models. Recently, it received an "A grade" from both of the two designated professional evaluation agencies, thereby demonstrating its technological prowess and market potential. The lead underwriter for the listing is DB Financial Investment.

IRQudus provides IR and shareholder relations (SR) solutions for companies listed on the KOSPI and KOSDAQ, as well as for those preparing for listing. Since its establishment in 2000, IRQudus has achieved multiple industry "firsts," including introducing IPR (a combined IR and PR service) consulting for the first time in Korea and founding an in-house IR research center in 2008. Its core technology has been internally developed based on 26 years of domain operation experience without the adoption of external solutions, and it has secured technological originality through 25 patent applications. It is also the only dedicated IR and SR company in Korea to hold the Information Security Management System (ISMS) certification. Currently, IRQudus provides consulting and digital solutions to approximately 450 listed companies annually, maintaining the top position in the IPO IR field with a market share of about 55%.

Revenue, which stood at 3.2 billion won in 2020, surpassed the 10 billion won mark for the first time in the company's history, reaching 10.2 billion won in 2025. During the same period, the number of client companies increased about fourfold from 111 to 439, and the proportion of digital solution sales grew from 3% to 31%.

IRQudus plans to use the funds raised through the listing to: strengthen R&D for IR and SR digital platforms; further advance its electronic general meeting solution; commercialize the country’s first real-time digital SID (shareholder identification) service; and advance into overseas markets. With these initiatives, the company aims to become the standard infrastructure for IR and SR in Korea.

CEO Lee Jongsung stated, "The Korean capital market has experienced significant quantitative growth, and recent institutional reforms such as amendments to the Commercial Act are accelerating. However, the governance infrastructure to support IR and SR remains insufficient. By leveraging the capabilities we have accumulated over 26 years, we aim to become the standard infrastructure for the Korean capital market, bridging the gap between regulation and execution."

This content was produced with the assistance of AI translation services.