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Delicious IPO Subscription Closes... Equal Allocation 14-15 Shares, Proportional Competition Ratio 19.58:1

The public subscription of shares for franchise company Delicious concluded at 4 p.m. on the 4th. A total of 18,554 subscriptions were received over the two-day

Oseong Kwon
Staff Reporter
3 min read
Delicious IPO Subscription Closes... Equal Allocation 14-15 Shares, Proportional Competition Ratio 19.58:1
CBC News

The public subscription of shares for franchise company Delicious concluded at 4 p.m. on the 4th.

A total of 18,554 subscriptions were received over the two-day period on the 3rd and 4th through Korea Investment & Securities, with subscription deposits recording approximately 19.8 billion won.

The equal allocation share count was calculated at 14.82 shares, with a proportional competition ratio of 19.58 to 1. Based on equal allocation, subscribers are expected to receive 14 to 15 shares at the minimum subscription quantity.

Attention in the industry is now focused on Delicious's opening price on its listing date and subsequent stock price trends. It should be taken into account that volatility may be high during the early stages of listing.

Looking at the opening price trends on listing dates for recent IPOs, HL Genomics showed a flat trend. Meanwhile, Remedy (48.55%), Lemon Healthcare (65.60%), and Madup (178.12%) recorded significant increases compared to their offering prices. However, StradVision's opening price fell 8.17% below its offering price.

[※ This article is for reference in making investment decisions and does not recommend the purchase or sale of any specific stock. The final responsibility for investments lies with the investor.]

Oseong Kwon
Staff Reporter

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