Robotis IPO Preview (Part 1) - An Innovative Provider of Robotic Solutions in Korea

645 Views17 Sep 2018 12:26

SUMMARY

Robotis (108490 KS) is an IPO in Korea that is expected to be completed in October 2018. Established in 1999, Robotis provides various robotic solutions and platforms including actuators for building robots that are used in education, DIY, or research sectors. It also provides miniature humanoid robotic platforms, and various 3D humanoid kits. Robotis has numerous global clients including LG Electronics, Google, and Disney.
The IPO price range is from 9,200 won to 11,300 won. The company is issuing 1.7m new shares. It is expected to raise between 16 billion won to 19 billion won from this IPO. The institutional investors bookbuilding starts on October 10th.
The company has three main business units including 1) robotic solution, 2) edutainment robot, and 3) robot platform. The major products of its solution business unit include the Dynamixel robot actuator module, the intelligent software, and the service robots. The edutainment robot business unit sells service robotic building solution in the form of artificial intelligence education and in the form of an educational curriculum (Robotis Ollo and others).

Try Now

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

SMARTKARMA PREVIEW PASS

By signing up, you agree to our
Terms of Use and Privacy Policy.

Already have an account? Sign In Now

Discussions

(Paid Plans Only)

Price Chart(Sign Up to Access)

Insight Stream