This week (June 16-20), three corporations will conduct demand forecasting for institutions amid the absence of the so-called 'big IPOs.' SYNIC Solution, a system semiconductor design house, Dowooinsys, a manufacturer of ultra-thin strengthened glass, and NRB, a modular construction manufacturer, will finalize their offering prices through demand forecasting.
According to the financial investment industry on the 15th, SYNIC Solution and Dowooinsys will begin institutional demand forecasting from the 16th to the 20th. NRB will conduct demand forecasting from the 19th to the 25th.
SYNIC Solution, established in 2005, is a specialist in system semiconductor design and design solutions. The company optimizes semiconductor circuits designed by fabless companies according to foundry manufacturing processes and, if necessary, undertakes part of the circuit design as a contract. Notably, it is engaged in transactions with SK hynix, located in Wuxi, China.
SYNIC Solution's consolidated revenue last year was 167.4 billion won, and its operating profit was 5.3 billion won.
The total number of offered shares is 3.5 million. The desired offering price range is 4,000 to 4,700 won. The total offering amount based on the upper limit of the range is 16.45 billion won.
After the initial public offering, the largest shareholders, including CEO Lee Hyun, are expected to hold 43.09% equity. It is important to note that all the equity held by the 'KOLON 2020 materials, parts and equipment investment association' (10.59% after the IPO) will be available for circulation immediately after listing.
Dowooinsys, founded in 2010, manufactures ultra-thin strengthened glass (UTG) applied to foldable smartphones. It has Samsung Display as a long-term customer and supplies UTG for Samsung Electronics' Galaxy series and smartphones from Google and Xiaomi.
Dowooinsys's consolidated revenue last year was 141.7 billion won, and its operating profit was 9.7 billion won.
The total number of offered shares is 1.4 million. The offering price range is 29,000 to 32,000 won. The total offering amount based on the upper limit of the range is 44.8 billion won.
The equity that the largest shareholder, NEWPOWER PLASMA, will hold after the offering will total 44.42%.
NRB is a specialized modular company. It possesses technology that can implement large spaces by standardizing and assembling module units that constitute buildings, as well as patented technology to achieve high-rise modular structures.
NRB's consolidated revenue last year was 52.8 billion won, and its operating profit was 6.2 billion won.
The total number of offered shares is 2.1 million, and the offering price range is 18,000 to 21,000 won. The total offering amount based on the upper limit of the range is 44.1 billion won.
The equity that major shareholders, including CEO Kang Geon-woo, will hold after the offering will total 48.3%. It is important to note that 11.11% of the equity held by financial investors (FI), including the 'KOLON 2021 Innovation investment association' and 'SLi Next Innovation Fund', will be available for circulation immediately after listing.