KNS Inc., a company specializing in satellite communication antennas, has begun its public offering subscription for general investors ahead of its listing on the KOSDAQ. The finalized public offering price is 11,000 won, and the institutional competition ratio recorded 938 to 1.

Offer Price Confirmed at 11,000 Won... General Subscription on the 4th–5th KNS Inc.'s general subscription will take place over two days from the 4th to the 5th. The lead underwriter is IBK Investment & Securities.

This offering price was confirmed at 11,000 won, the upper end of the desired range of 9,000 to 11,000 won. The total number of shares offered is 2.4 million, bringing the total offering amount to 26.4 billion won. The volume allocated to general investors is between 600,000 and 720,000 shares.

As of 10:36 a.m. on the 4th, the first day of subscription, the number of applications stood at 4,357, with the equal allocation share count at 68.85 shares. The proportional allocation competition ratio is showing 6.84 to 1.

Institutional Competition Ratio of 938.24 to 1... KOSDAQ Listing on the 14th Previously, KNS Inc. conducted a demand forecast for institutional investors from the 27th to the 31st of last month. The institutional competition ratio recorded 938.24 to 1, based on which the offering price was determined at the top of the desired range.

According to the post-subscription schedule, the allocation announcement and payment/refund processes will take place on the 7th, and the KOSDAQ listing is scheduled for the 14th.

Specialist in Military and Maritime Satellite Communication Antennas KNS Inc.'s main products include military mobility satellite communication antennas, maritime satellite communication antennas, and satellite broadcasting receiving antennas.

Commercial satellite communication antennas are equipment that supports internet and voice/data communications using satellites from maritime mobile objects such as merchant ships and offshore plants. Key products include VSAT antennas used for satellite data communications and TVRO antennas for satellite broadcasting reception.

Military satellite communication antennas provide stable satellite communications to military mobility platforms such as naval vessels, submarines, unmanned surface vehicles, and unmanned aerial vehicles. This is a critical sector that requires higher tracking precision, environmental durability, security, and military system integration technology compared to commercial products.

Points to Note Before Investing KNS Inc. applied for a preliminary review for KOSDAQ listing in January 2026, received approval in May, and has been undergoing the full IPO process after submitting its securities registration statement in June.

Before investing in the IPO, it is necessary to review not only the institutional demand forecast competition ratio but also the lock-up commitment ratio, the tradable volume immediately after listing, the company's order structure, and its reliance on defense and shipbuilding industry revenues.

[Investment decisions are the sole responsibility of the investor, and the content contained in this article does not constitute investment advice. This article was written with AI assistance.]