Kim Minyoung
kimmy@alphabiz.co.kr | 2024-04-25 03:14:44
[Alpha Biz= Reporter Kim Minyoung] HD Hyundai Marine Solutions, known as the biggest IPO (Initial Public Offering) this year, has confirmed its final public offering price at 83,400 won.
According to HD Hyundai Marine Solutions on the 24th, we made a demand forecast for domestic and foreign institutional investors from the 16th to the 22nd. A total of 2,021 institutions, including 1,805 domestic institutions and 216 overseas institutions, participated in the demand forecast and applied for a total of 984,511,800 shares. The competition rate was 201 to 1.
In the demand forecast, 100% of the total participation (including 3.27% without price) offered a price of more than 83,400 won at the top of the band. Amid the heated popularity, HD Hyundai Marine Solutions has set the final public offering price at the top of the desired public offering band (73,300 won to 83,400 won). As a result, the market capitalization is expected to be about 3.7071 trillion won after listing.
HD Hyundai Marine Solutions will be listed on the securities market on the 8th of next month after general subscription for two days from 25th to 26th.
[ⓒ 알파경제. 무단전재-재배포 금지]