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

LS Materials IPO Bookbuilding Results Analysis

An Early Look at the Potential KOSDAQ150 Rebalance Candidates in June 2024

Equity Capital Markets

<ul>
<li>LS Materials is getting ready to complete its IPO in Korea in late November. The IPO price range is from 4,400 won to 5,500 won per share. </li>
<li>According to the bankers' valuation, the expected market cap after the IPO is from 298 billion won to 372 billion won. </li>
<li>LS Materials is one of the largest players globally in the large-size ultracapacitors, which stabilize power supply and are used to replace and supplement primary batteries and lithium-ion batteries.</li>
</ul>


LS Materials is getting ready to complete its IPO in Korea in late November. The IPO price range is from 4,400 won to 5,500 won per share. 
According to the bankers' valuation, the expected market cap after the IPO is from 298 billion won to 372 billion won. 
LS Materials is one of the largest players globally in the large-size ultracapacitors, which stabilize power supply and are used to replace and supplement primary batteries and lithium-ion batteries.


LS Materials

LS Materials IPO Preview