bullish

Shift Up

Shift Up IPO Valuation Analysis

631 Views22 May 2024 19:14
Our base case valuation of Shift Up is target price of 95,510 won, which is 59% higher than the high end of the IPO price range (60,000 won).
What is covered in the Full Insight:
  • Shift Up's Base Case Valuation
  • Income Statement Estimates for Shift Up
  • Company Background
  • Comparable Companies Valuation Analysis
  • Potential for Fast Entry in KOSPI 200
Boomeranged on Tue, 4 Jun 2024 02:24
The first day of book building for the Shift Up IPO started on Monday and it looks excellent. Many institutional investors placed orders at prices above the upper end of price range (60,000 won) for this IPO. The book building will last until 13th and the final public offering price will be announced on the 17th. At the high end of the IPO price range, its market cap would be 3.6 trillion won.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 7-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
Douglas Kim
Korea/Asia, Events, IPOs
Douglas Research Advisory
South KoreaEquity Bottom-UpEquity Capital Markets
Price Chart(Sign Up to Access)
analytics-chart
x