In today’s briefing:
- 2026 (“Year of the Horse”) Major IPOs Pipeline in Korea
- Milestone Gears Ltd Pre-IPO Tearsheet
- Sedemac Mechatronics Ltd Pre-IPO Tearsheet
2026 (“Year of the Horse”) Major IPOs Pipeline in Korea
- This is our 11th “Annual Edition of the Major Korean IPOs Pipeline Preview” at Smartkarma.
- This insight features 40 of the biggest potential IPOs in Korea in 2026.
- Some of the largest potential IPOs in Korea in 2026 include CJ Olive Young, DN Solutions, Dunamu, Goodai Global, K Bank, Kurly, Musinsa, SK On, SK Ecoplant, and Sono International.
Milestone Gears Ltd Pre-IPO Tearsheet
- Milestone Gears Ltd (1049966D IN) (MGL) is looking to raise about US$124m in its upcoming India IPO. The deal will be run by Axis, JM Fin and Motilal Oswal.
- MGL is a manufacturer of high-precision, complex engineered transmission components that have applications across multiple sectors, including tractors, construction equipment, electric vehicles, locomotives, windmills and other heavy industries.
- According to 1Lattice, between April 1, 2022 and June 30, 2025, MGL had supplied products to over 50 customers, including all the top nine OEMs in the Indian tractor sector.
Sedemac Mechatronics Ltd Pre-IPO Tearsheet
- Sedemac Mechatronics Ltd (1560389D IN) (SML) is looking to raise about US$100m in its upcoming India IPO. The deal will be run by Axis, Avendus and ICICI.
- SML is a designer and supplier of critical, control-intensive electronic control units to major vehicle and industrial equipment manufacturers in India, the United States, and Europe.
- SML held an approximate 30% market share of the domestic ISG ECU market, in terms of volume and are amongst the top four players for FY25, as per CRISIL.
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