[IPO Subscription] KNS Inc. Records Proportional Competition Rate of 22.22:1 on Day 1... What is the Equal Allocation Share Count?
The first day of subscription for KNS Inc.'s public offering closed around 4 p.m. on the 4th, recording a heated competition rate. The total number of subscript
![[IPO Subscription] KNS Inc. Records Proportional Competition Rate of 22.22:1 on Day 1... What is the Equal Allocation Share Count?](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F06%2F583007%2Fbc19e161e54b115b%2Foriginal.webp&w=1920&q=75)
The first day of subscription for KNS Inc.'s public offering closed around 4 p.m. on the 4th, recording a heated competition rate. The total number of subscriptions on the first day reached 14,021, resulting in an equal allocation share count of 21.40 shares and a proportional competition rate of 22.22:1.
KNS Inc. is conducting its IPO subscription through the 5th, with IBK Investment & Securities as the lead underwriter. The company previously recorded an overwhelming competition rate of 938.24:1 during the demand forecasting for institutional investors, drawing high market attention to the results of the second day of subscription on the 5th.
KNS Inc., which is scheduled to list on the 13th, has set its public offering price at 11,000 won. If the stock hits the upper limit on the listing day, doubling twice, there is a possibility it could rise to 44,000 won, a 300% increase from the offering price. However, market trends such as conditions on the day of listing should be closely examined, and unconditional optimism or pessimism should be avoided.
Meanwhile, KNS Inc. is engaged in the manufacturing of telecommunications and broadcasting equipment.
[※ This article is for reference in making investment decisions and does not recommend buying or selling any specific stock. The final responsibility for investment decisions lies with the investor.]
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