[Breaking] Duksan Nepcoreus Soars 79% on Debut Trading Day... 130,000 Retail Subscriptions, Competition Ratio of 665.64 to 1
Duksan Nepcoreus listed on the stock market on the 30th. As of 9 a.m. on its debut day, the stock price stood at 26,150 won, up 79.11% from the initial public offering price of 14,600 won. ■ Navigation and Anti-Jamming Defense Specialist Draws Attention in IPO Market Duksan Nepcoreus is a defense
![[Breaking] Duksan Nepcoreus Soars 79% on Debut Trading Day... 130,000 Retail Subscriptions, Competition Ratio of 665.64 to 1](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F06%2F584117%2Ff2981cf9427078bf%2Foriginal.webp&w=1920&q=75)
Duksan Nepcoreus listed on the stock market on the 30th. As of 9 a.m. on its debut day, the stock price stood at 26,150 won, up 79.11% from the initial public offering price of 14,600 won.
■ Navigation and Anti-Jamming Defense Specialist Draws Attention in IPO Market
Duksan Nepcoreus is a defense industry company specializing in navigation and anti-jamming solutions for special-purpose applications. Based on satellite navigation, anti-jamming, and integrated navigation technologies, it supplies core components for major South Korean weapon systems, including guided weapons, ground weapons, aircraft, and naval vessels.
The core of its business is navigation technology. This is a foundational technology that precisely calculates the position, velocity, attitude, and time information of a moving object, enabling stable mission performance even in extreme environments where satellite signals are blocked.
Ahead of the listing, this technology drew significant attention in the IPO market. The company's strength was highlighted by its technology that helps weapons accurately find their position and direction even when satellite navigation signals are cut off or radio interference occurs. The company stated that it has been steadily performing its role in mass-production supply at the subsystem level through performance upgrades of major weapon systems and next-generation projects.
■ 132,911 Retail Subscriptions... Competition Ratio of 665.64 to 1
The IPO price was set at 14,600 won. Retail subscriptions were held over two days from September 16 to 17 through Daishin Securities, with a total of 132,911 subscriptions received. Based on the 750,000 shares allocated to retail investors, the subscription competition ratio was 665.64 to 1.
The subscription method was designed to be accessible even to small-scale investors. The minimum subscription unit was 10 shares, with a required deposit of 73,000 won. Allocation announcements, payments, and deposit refunds were all completed on September 21.
■ From Preliminary Review to Listing... Full IPO Schedule Summary
The IPO process began with a preliminary review request on November 11 last year. The company then received review approval on July 20 this year and submitted its securities registration statement on July 24. After conducting institutional demand forecasting from September 8 to 14, the process was completed with its listing on this day.
[This may vary depending on future market conditions and business progress. Investment decisions and their results rest solely with the investor. AI provided partial assistance.]
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