您的当前位置:首页 > 교육 > Doosan Robotics shares debut at double IPO price 正文
时间:2023-12-08 21:36:20 来源:网络整理 编辑:교육
Shares of Doosan Robotics, South Korea’s largest collaborative robot producer under the conglomerate
Shares of Doosan Robotics, South Korea’s largest collaborative robot producer under the conglomerate Doosan Group, nearly doubled on Thursday, as the company made its stock market debut.
Doosan Robotics closed at 51,400 won ($38.03) per share on Korea's main bourse Kospi, up 97.69 percent from its initial public offering price of 26,000 won. Its market capitalization stood at 3.33 trillion won, ranking in the top 100 stocks on Kospi.
Its shares opened at 59,100 won, 127.3 percent higher than the IPO price. The share price surged earlier in the day, peaking to 67,600 won. But it soon fell to the low of 46,450 won. Later in the day, it climbed back to the early 50,000-won band.
During the first session, the quotation for newly issued stock prices can move within a range of 60 to 400 percent of the IPO price. For Doosan Robotics, the price limit was between 15,600 won and 104,000 won.
Though it failed to reach the upper price limit of 400 percent, its share price doubled at debut, making the market cap surpass 3 trillion won, higher that of Rainbow Robotics at 2.73 trillion won, another major local player in the robot industry. Rainbow Robotics is listed on Kosdaq, Korea’s secondary bourse.
"Doosan Robotics will become an integrated solution business for collaborative robots, building an ecosystem through a software platform and internalization of technologies such as artificial intelligence and autonomous mobile robots," Park In-won, co-CEO of the firm, said at an event held to celebrate the IPO at the Korea Exchange’s headquarters in Seoul, Thursday.
Doosan Robotics’ IPO was a highly anticipated event in the lukewarm local stock market, which has not been seeing many exciting market debuts this year.
A total of 1,920 institutional investors participated in the book building for the robotics firm, including state funds such as Norway’s sovereign wealth fund Norges Bank Investment Management and Singaporean sovereign fund GIC, along with big players in the capital market BlackRock and Goldman Sachs, according to reports.
The IPO was met with fervor from retail investors as well, drawing in 33.1 trillion won in deposits for the subscription. It was the first time in nearly 20 months for IPO deposits to surpass 33 trillion won since LG Energy Solution garnered more than 100 trillion won for its debut in January 2022.
Founded in 2015, Doosan Robotics has the largest lineup of collaborative robots in Korea, with more than 10 models on the market. It is a major player in the robotics industry here.
Despite the slow IPO scene, more firms are to make their market debut this year, including battery material supplier EcoPro Materials and public company Seoul Guarantee Insurance.
163 S. Koreans arrive home from Israel on military aircraft2023-12-08 21:29
FSC lays out plan to boost pet insurance enrollment2023-12-08 20:57
SK Ecoplant recycles over 6,000 tons of batteries2023-12-08 20:25
공군 수송기 급파, 한·일 220명 텔아비브 탈출2023-12-08 19:50
[Herald Interview] Netflix's ‘Devil’s Plan’ expands realm of survival game shows2023-12-08 19:48
Doosan Robotics to supply chicken2023-12-08 19:47
北, 러 주최 국제포럼서 '국제수송' 논의…무기거래 우회로 찾나2023-12-08 19:38
BTS Jungkook's star2023-12-08 19:35
北, 러시아 외무장관 방북 발표…내달 18~19일 방문2023-12-08 19:19
김웅 "국민은 바꾸라는데 단결만 얘기…의총 뭐하러 하느냐"2023-12-08 18:54
Beef prices have soared 1002023-12-08 21:05
[New in Korean] Booker Prize2023-12-08 20:43
Gyeongbokgung entrance platform, new signboard unveiled2023-12-08 20:20
Doosan Robotics to supply chicken2023-12-08 20:19
Gimbap and hanja cramming: Life of Korean Studies students in Paris2023-12-08 20:03
Posco Future M achieves 100% recycling of refractory waste2023-12-08 20:02
北, 러 주최 국제포럼서 '국제수송' 논의…무기거래 우회로 찾나2023-12-08 19:56
SK chief discusses ICT partnerships with Estonia, Carribean Community2023-12-08 19:51
[Herald Interview] Netflix's ‘Devil’s Plan’ expands realm of survival game shows2023-12-08 19:43
SK to hold CEO meeting in Paris2023-12-08 19:09