The first day of the IPO subscription for T&I Korea, open to general investors, has concluded.

According to IPO subscription status on the 20th, T&I Korea is conducting its subscription through Shinhan Investment Securities. The offering price is 15,300 won, with a minimum subscription quantity of 20 shares and a minimum subscription deposit of 153,000 won.

As of the first day of subscription, the proportional allocation competition rate recorded 45.91 to 1. The expected number of shares for equal allocation was 5.72, with the number of subscriptions tallied at 52,435. The volume allocated to general investors is 600,000 shares. As it is only the first day of subscription, the final competition rate and equal allocation quantity may change depending on subsequent application conditions.

■ What Kind of Company Is T&I Korea?

T&I Korea is a technology company providing air and gas compression solutions based on high-efficiency, high-speed turbo blowers. It develops products that combine turbo machinery technology, which has evolved in the aerospace and automotive sectors, with oil-free bearing technology and high-speed power electronics technology.

Its core business is the development and manufacturing of turbo machinery applied across various industrial sectors. Its main product is a high-speed turbo blower featuring eco-friendly oil-free bearing technology that does not use machine oil.

Its product lineup consists of turbo blowers for water treatment and turbo blowers for industrial processes, as well as air blowers for hydrogen power generation, circulation blowers for hydrogen power generation, air blowers for linear generators, and air compressors for hydrogen fuel cell vehicles. A characteristic of its business composition is that it has a product lineup spanning not only water treatment and industrial processes but also hydrogen power generation and hydrogen vehicle sectors.

■ Status of Stocks Open for Subscription on the Same Day

Creates, which also began its subscription on the same day, recorded a competition rate of 21.13 to 1 and subscription deposits of 4.2 billion won. Hanwha No. 6 SPAC was tallied at a competition rate of 72.32 to 1 with subscription deposits of 8.5 billion won. However, as the three stocks differ in offering price and allocated volume, it is difficult to directly compare investment demand based on competition rates alone.

T&I Korea's final subscription results are expected to be determined by the scale of applications received during the remaining subscription schedule.

[This article is intended to provide information for investment reference and does not recommend the purchase or sale of any specific stock. Content is subject to change depending on market conditions. Investment decisions and any resulting responsibility rest with the investor. AI provided partial assistance.]