[This Week's IPO] Book-Building and Subscription Schedule for the First Week of October View original image

In the first week of this month (October), MSBio and DTS will conduct book-building sessions for institutional investors. Melcon and Jincostech are preparing for general subscription.


<Book-Building for Institutional Investors>


◆ MSBio = Established in 2015, MSBio develops and commercializes products based on human tissues and biomaterials for the reconstruction and regeneration of damaged tissues. The company supplies products for a variety of medical fields, including breast reconstruction in plastic surgery, soft tissue reconstruction in orthopedics, bone regeneration in dentistry, and corneal and ocular surface treatments in ophthalmology.


The company plans to offer a total of 4 million shares. The indicative IPO price range is from 6,800 won to 7,800 won, resulting in a total expected offering amount of between 27.2 billion and 31.2 billion won. The demand forecast for institutional investors will be held from September 28 to October 2, after which the final offering price will be set. The general investor subscription is scheduled for October 12 and 13, with the company aiming to list on the KOSDAQ market within October. KB Securities is acting as the lead underwriter.


◆ DTS = Founded in 2000, DTS designs and manufactures air-cooled heat exchangers used in power generation, LNG, and petrochemical plants. Its key products include the AFC, which cools process gases and liquids with outside air, and the ACC, which condenses steam from power turbines back into water.


The total number of shares to be offered is 2,228,917, with the indicative price band set between 17,000 and 18,500 won. This puts the total expected offering at between 37.9 billion and 41.2 billion won. The book-building for institutional investors takes place from October 1 to 8, and the general investor subscription is set for October 13 and 14. Daishin Securities is serving as the lead underwriter.


<General Subscription>


◆ Melcon = The indicative IPO price range stands at 10,700 to 12,300 won, with the target offering amount at approximately 26.8 billion to 30.8 billion won. Book-building was completed by September 22, and general subscription will take place over two days on October 1 and 2. Daishin Securities is the lead underwriter.


Founded in 2003, Melcon develops and supplies systems that control the internal environment of the photolithography process, which is a core semiconductor manufacturing stage. Its main products are the ultra-precise temperature and humidity control system, called "THC (Temperature Humidity Control System)," and the "XPS (Extreme Purifier System)," a high-precision purification control system.


◆ Jincostech = The indicative IPO price range is between 19,500 and 23,500 won. The total expected offering amount is about 16.6 billion to 20 billion won. Book-building was completed by September 22, and general subscription will be held over two days on October 2 and 6. The company aims to complete the transfer listing to the KOSDAQ market within this year.



Jincostech is a cosmetics ODM/OEM company specializing in hydrogel-based materials. The company intends to use this IPO as an opportunity to expand its production infrastructure and accelerate the development of next-generation hydrogel technology. The offering proceeds will be allocated to the construction of a third factory, securing raw and subsidiary materials, R&D for new hydrogel products, and operating funds for business expansion.


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