★★

Poled

IPO Price Set at 5,000 Won with Strong Demand - Competition Ratio 1,486:1


  • IPO price fixed at 5,000 won, top of the range (4,100~5,000 won)
  • Total offering amount 13 billion won, 2.6 million new shares (100% new shares)
  • Institutional demand forecast competition ratio 1,486.66:1 (2,372 participants, 2.899 billion shares requested)
  • 97% of orders at the final price of 5,000 won, 2.5% above the top of the range
  • Underwriter NH Investment & Securities obligated to purchase 78,000 shares (3-month lock-up)
  • Use of proceeds: logistics center purchase 10.871 billion won, R&D 1.863 billion won
  • Total logistics center cost 28 billion won, additional debt of 14.189 billion won and own funds 2.94 billion won
  • Assuming debt, debt ratio increases from 44.99% to 61.77%, debt dependency from 6.85% to 18.85%
  • 2025 net income 8.362 billion won, PER 19.05x, valuation per share 6,178 won implying 19.07% discount
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KOSDAQ Filing Information


  • Filing: [Confirmation of Issuance Terms] Securities Registration Statement (Equity Securities)
  • Company: Poled (487580)
  • Submission: Poled
  • Receipt: 04-30-2026