LG Energy Solution

LG Energy Solution Bookbuilding Results

Equity Capital Markets
303 Views, 13 Jan 2022 01:30
Douglas has highlighted this Insight as a Top Pick
  • Numerous local media have mentioned that the institutional book building of LG Energy Solution IPO has been a big success. 
  • It is estimated that the demand ratio of this IPO was more than 1,500 to 1. The IPO price has been mostly confirmed at 300,000 won per share. 
  • Our base case valuation of LG Energy Solution is implied market cap of 99.2 trillion won and implied price per share of 424,093 won.
detail (7-minute read)
Top 5%
Douglas Kim
Korea/Asia, New Economy, IPOs, Events
South KoreaEquity Bottom-UpEquity Capital Markets

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following se...