Intellivix's IPO subscription for general investors has completed its first day. The subscription runs for two days from the 21st to the 22nd, and investor attention is focused on where the final competition ratio will settle on the 22nd.

■ Day One Subscription Results As of the first day of subscription on the 21st, the expected equal allocation quantity is 3.69 shares, and the proportional allocation competition ratio is 68.99 to 1. So far, the number of subscriptions has been tallied at 84,701. However, it is difficult to judge the final number of allocated shares based solely on the first day's tally. This is because the expected equal allocation quantity and the proportional allocation competition ratio may change depending on the additional subscription counts and deposit amounts flowing in on the 22nd, the final day of subscription.

■ IPO Price and Demand Forecast Intellivix's confirmed IPO price is 9,000 won. The previously presented hoped-for IPO price range was 7,000 to 9,000 won, and the final price was set at the top of the band. In the demand forecast for institutional investors, it recorded a competition ratio of 1,234.30 to 1.

■ Subscription Schedule and Deposits The total number of offered shares is 2.5 million, and the subscription for general investors is being conducted through Mirae Asset Securities. The minimum application quantity for this subscription is 20 shares, requiring a subscription deposit of 90,000 won. The subscription refund date is scheduled for the 26th. Investors need to check the final competition ratio and allocation results after the subscription closes on the 22nd.

■ Key Factors Ahead A key factor going forward is the scale of investor participation on the second day of subscription. The stock's performance after listing is also of interest to IPO investors. However, since neither the institutional demand forecast competition ratio nor the success of the general subscription guarantees a post-listing stock price increase, investors should also examine market conditions and supply and demand.

[This article is by no means an investment solicitation. The content may merely reflect opinions, so please do not use it as a reference or material for investment. All investments are made at each individual's own judgment, and the final responsibility lies with the investor. This publication assumes no responsibility whatsoever.]