[This Week's IPO] Demand Forecasting and Subscription Schedule for the Third Week of September View original image

In the third week of this month (September), Jincostech and Melcon will conduct demand forecasting for institutional investors. Wise Planet Company, Big Wave Robotics, Global Technology, DukSan NePcores, and Brills are preparing for retail subscriptions.


<Demand Forecasting>


◆Jincostech = Jincostech is a cosmetics ODM/OEM company specializing in hydrogel-based materials. The company plans to utilize this IPO as a resource to expand its production infrastructure and accelerate the development of next-generation hydrogel technologies. The funds raised will be allocated to the construction of a new third plant, securing raw and subsidiary materials, research and development of new hydrogel products, and operating expenses for business expansion.


The company plans to offer a total of 852,000 shares, with an anticipated price range of 19,500 to 23,500 won per share. Accordingly, the expected proceeds from the IPO will be approximately 16.6 billion to 20 billion won. The demand forecasting is scheduled for five business days from September 16 to 22, and subscriptions will be accepted on October 2 and 6. The company aims to complete its listing on the KOSDAQ market by the end of this year.


◆Melcon = Established in 2003, Melcon develops and supplies systems that control the internal environment of photolithography equipment, a core process in the semiconductor industry. Its main products are the ultra-precise temperature and humidity control system "THC (Temperature Humidity Control System)" and the ultra-precise purification control system "XPS (Extreme Purifier System)."


The company plans to offer a total of 2,500,000 shares. The desired IPO price range is from 10,700 won to 12,300 won per share, with the total expected proceeds ranging from about 26.8 billion to 30.8 billion won. Demand forecasting will be held from September 16 to 22, and retail subscriptions will take place on October 1 and 2. Daishin Securities is the listing underwriter.


<Retail Subscription>


◆Wise Planet Company = The final IPO price has been set at the top end of the desired band (10,000 to 12,000 won), at 12,000 won per share. A total of 2,323 domestic and foreign institutions participated in the demand forecasting, resulting in a competition ratio of 1,248 to 1, and 99.93% of the bid volume was at or above the upper end of the band (including undisclosed bids). Retail subscriptions will be accepted on September 14 and 15. The underwriter is Daishin Securities.


Since its founding in 2013, Wise Planet Company has maintained a profit for 13 consecutive years, growing into a consumer brand platform company. Its core competitive edge lies in its proprietary integrated data management platform "WAPL" (hereinafter, Waffle), which connects every stage from brand planning and marketing to sales, customer management, and inventory operation through a unified data flow. Based on this, Wise Planet Company has repeatedly achieved first place in each category whenever launching a new brand, establishing a success formula.


◆Big Wave Robotics = The desired IPO price range is 20,000 to 24,000 won per share, and the total offering size is approximately 24 billion won. Demand forecasting was completed by September 11, and retail subscriptions will be held from September 15 to 16. The underwriters are Eugene Investment & Securities and Mirae Asset Securities.


Since its establishment in 2020, Big Wave Robotics has expanded its business area as an industrial Physical AI integrated platform company based on its robot automation platform "Marosol," its heterogeneous and multi-robot integrated infrastructure platform "Solink," and its process tacit knowledge data solution "OmniSensor."


◆Global Technology = The desired IPO price band is from 13,000 to 15,000 won per share, and the expected IPO proceeds are between 52 billion and 60 billion won. Based on the price band, the anticipated market capitalization is about 254.6 billion to 293.7 billion won. The listing underwriter is Korea Investment & Securities.


Founded in 2013, the company is a fabless system semiconductor company with LDI-based technology. With full-stack capabilities covering IC design, packaging, modules, firmware, and verification, the company is expanding its business to include Mini and RGB LED ICs for TVs and monitors, automotive SAL and CAN, Micro LED ICs and modules, and transparent LED displays.


◆DukSan NePcores = The desired IPO price band is from 12,400 to 14,600 won. Accordingly, the total expected IPO proceeds are between 37.2 billion and 43.8 billion won. Demand forecasting for institutional investors will continue until September 14, and retail subscriptions will be accepted from the 16th to the 17th. The listing underwriter is Daishin Securities.


Established in 2012, DukSan NePcores is the only domestic specialized company providing a one-stop total solution in navigation and anti-jamming, offering design, development, production, and testing. The company has expanded its business across areas such as defense, aerospace, and navigation infrastructure through demonstration-based business growth. Notably, it was the first domestic PBA manufacturer to receive the NADCAP Gold certification, demonstrating its global-level quality competitiveness and reliability.


◆Brills = The desired IPO price range is 16,500 to 19,500 won, and the total expected offering is about 19.8 billion won. Demand forecasting for institutional investors will be conducted until September 15, and retail subscriptions for the general public will be accepted from September 17 to 18. The listing underwriter is IBK Investment & Securities.



Brills is a "one-stop robot modular platform solution" company that internalizes the entire process from design and software development to manufacturing, installation, and after-sales support. Based on its manufacturing and solution development for industrial, collaborative, and AMR (Autonomous Mobile Robot) robots, Brills provides integrated solutions for precise inspection, assembly, logistics, and safety control systems across key industries such as automotive, secondary batteries, and semiconductors.


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