Justech, which drew massive popularity in the IPO market, will be newly listed on the KOSDAQ market on the 29th, officially beginning trading.

Justech is a specialized company based on the manufacturing of motors, generators, and electrical conversion, supply, and control devices, developing and supplying motion systems applied to semiconductor and display production lines. The IPO offer price was set at 12,500 won, the upper end of the desired price range, and the expected market price after doubling is 50,000 won. The company raised approximately 20 billion won by offering a total of 1.6 million shares, with Samsung Securities acting as the lead underwriter.

■ Overwhelming Subscription Competition Ratio Explosive investor interest was confirmed during the IPO process. The institutional book-building competition ratio recorded 1,294.99 to 1, and the general subscription competition ratio reached 2,783.89 to 1. The proportional allocation competition ratio recorded 5,566.77 to 1, with the number of subscription applications exceeding 400,000.

The listing process began with a preliminary review application in November of last year, followed by review approval in April of this year. After undergoing demand forecasting and general subscription in June, trading will commence on the KOSDAQ market on the 29th.

■ Post-Listing Challenge: 'Profitability Recovery' Investors are focusing not only on early post-listing supply and demand but also on whether the company's performance will improve going forward.

Justech recorded revenue of 22.2 billion won last year but posted an operating loss of 800 million won and a net loss of 1.5 billion won. In the first quarter of this year, the deficit trend continued, with revenue of 3.5 billion won and operating and net losses of 300 million won each.

Market analyses suggest that while the successful IPO may positively impact early trading, profitability recovery and performance improvement must be essentially supported to enhance mid- to long-term corporate value.

In the first trading session on the 29th, the opening price formed based on the IPO price and subsequent investor trading flows are expected to determine the stock's direction in the early stages of listing.

[This article was written with the assistance of AI. This article does not constitute investment advice, and any gains or losses from IPO investments are the sole responsibility of the investor.]