Last year, the amount of paid-in capital issuance in the domestic market was 26.67 trillion won, which is an increase of 6.6% compared to 2023. During the same period, the number of shares issued through free capital increases decreased by 35.1%.
The Korea Securities Depository announced the report titled "Status of Paid-in and Free Capital Increases" on the 10th. Last year, the amount of paid-in capital issuance was 8.48 trillion won in the KOSPI market, 5.15 trillion won in the KOSDAQ market, 184 billion won in the KONEX market, and 12.87 trillion won in the unlisted market.
Last year, the amount of paid-in capital in the KOSPI market decreased by 19.6% compared to 2023. In contrast, the amount of paid-in capital in the KOSDAQ market and the unlisted market increased by 16.4% and 30%, respectively.
The allocation method for paid-in capital increases was primarily third-party allocation at 63.6% (based on amount), followed by shareholder allocation (20.9%) and public offering (15.6%).
The company with the largest paid-in capital issuance last year was SHIFT UP, which raised 435 billion won. It was followed by HD Hyundai Marine Solution with 371.1 billion won, Sanil Electric with 227.5 billion won, Theborn Korea with 102 billion won, and SUNGWOO with 96 billion won.
Last year, the amount of free capital increased only in the unlisted market, while the other markets (KOSPI, KOSDAQ, and KONEX) all saw declines. The funding for free capital increases was composed of 98% from excess stock issuance.
The company with the largest free capital increase was Hyundai GLOVIS, based on the closing price on the new stock listing date, with an amount of 43.28 trillion won. It was followed by Solus Advanced Materials with 4.41 trillion won, Yuhan Corporation with 4.18 trillion won, DS Dansuk with 4.068 trillion won, and Zeus with 3.608 trillion won.