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Justech IPO Subscription Day 2... Proportional Competition Rate of 1,336 to 1, with 1.67 Trillion Won in Deposits

Justech, a company specializing in ultra-precision motion technology, is attracting strong investor interest by recording a high competition rate on the second

CBC News Desk
Staff Reporter
5 min read
Justech IPO Subscription Day 2... Proportional Competition Rate of 1,336 to 1, with 1.67 Trillion Won in Deposits
CBC News

Justech, a company specializing in ultra-precision motion technology, is attracting strong investor interest by recording a high competition rate on the second day of its public offering subscription for general investors.

As of 9:57 a.m. on the 19th, Justech's general subscription proportional competition rate was tallied at 1,336.55 to 1. Approximately 1.67 trillion won poured into the subscription deposits, with the number of applicants reaching 215,597. Samsung Securities is the sole underwriter for this offering, with the public offering price set at 12,500 won. The volume allocated to general investors is 400,000 shares. As of the morning of the 19th, the second day of the subscription, the number of shares for equal allocation stands at approximately 0.93 shares.

Founded in 1999, Justech is a company with ultra-precision motion technology as its core competitiveness. Based on its technological prowess in developing linear motors in-house for the first time in South Korea, the company has successfully achieved vertical integration ranging from core components such as motors, sensors, drivers, and controllers to complete systems. Its major business areas include motion systems for semiconductors, displays, industrial automation, and space applications. In particular, the company has established a competitive edge in the motion stage sector, which precisely transports and controls wafers, substrates, and lenses during semiconductor and display manufacturing processes.

The company sees the growing importance of precision motion control technology as a growth opportunity, driven by the expansion of semiconductor microfabrication processes and increasing demand for advanced manufacturing equipment. Its expansion into industrial automation and the aerospace sector is also cited as a factor attracting investor interest.

Earlier, during the demand forecast for institutional investors, it recorded a competition rate of 1,294.99 to 1, with the lock-up commitment ratio tallied at 47.20%. This is evaluated as a relatively high level by recent IPO market standards.

As market interest continues in companies related to semiconductor equipment and the advanced manufacturing industry, attention is focused on what kind of stock price trajectory Justech will show after its listing, supported by the strong demand for its public offering. Meanwhile, Justech's subscription closes on the 19th, and its listing is scheduled for the 29th.

[※ This article was written with the assistance of AI. Investment decisions are the responsibility of the investor, and the content included in this article may change depending on market conditions.]

CBC News Desk
Staff Reporter

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