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

Nexteel IPO Book Building Results Analysis

War in Ukraine Is Driving Up Share Prices of Korean Steel Producers

POSCO International + POSCO Energy = A Value Enhancing M&A Deal

The Blockchain Delusion. A (Mostly) Bearish Investment Thesis.

Equity Capital Markets

<ul>
<li>Nexteel is getting ready to complete its IPO in Korea in August. Nexteel is a steel pipe manufacturing company. The IPO price range is from 11,500 won to 12,500 won. </li>
<li>The IPO offering size is from 80.5 billion won to 87.5 billion won. The expected market cap is from 299 billion won to 325 billion won.</li>
<li>Nexteel's sales increased at a CAGR of 76.4% from 2020 to 2022. The company's operating profit surged from 1.5 billion won in 2020 to 181.3 billion won in 2022. </li>
</ul>


Nexteel is getting ready to complete its IPO in Korea in August. Nexteel is a steel pipe manufacturing company. The IPO price range is from 11,500 won to 12,500 won. 
The IPO offering size is from 80.5 billion won to 87.5 billion won. The expected market cap is from 299 billion won to 325 billion won.
Nexteel's sales increased at a CAGR of 76.4% from 2020 to 2022. The company's operating profit surged from 1.5 billion won in 2020 to 181.3 billion won in 2022. 


Nexteel

Nexteel IPO Preview