Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Daemyung Energy: Lowers IPO Price Range by 40%

Equity Capital Markets

<ul>
<li>Daemyung Energy (DME KS) is getting ready to complete its IPO in Korea in March 2022. The IPO base deal size is from $94 million to $109 million.</li>
<li>Daemyung Energy is one of the leading renewable energy total solution providers in Korea. It provides business development to design, procurement, construction and operation management in renewable energies.</li>
<li>The bankers then applied IPO price discount range of 23% to 33.6% to derive an implied price per range of 25,000 won to 29,000 won. </li>
</ul>


Daemyung Energy (DME KS) is getting ready to complete its IPO in Korea in March 2022. The IPO base deal size is from $94 million to $109 million.
Daemyung Energy is one of the leading renewable energy total solution providers in Korea. It provides business development to design, procurement, construction and operation management in renewable energies.
The bankers then applied IPO price discount range of 23% to 33.6% to derive an implied price per range of 25,000 won to 29,000 won. 


Daemyung Energy

Daemyung Energy IPO Preview