Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Dowoo Insys IPO Book Building Results Analysis

Douglas Research Advisory

Equity Capital Markets

<ul>
<li>Dowoo Insys is getting ready to complete its IPO in Korea. Dowoo Insys is one of the first companies in Korea to commercialize ultra thin glass (UTG) for foldable displays.</li>
<li>The IPO price range is 29,000 won to 32,000 won.  At the high end of the IPO price range, the expected market cap of the company is 351 billion won.</li>
<li>The bankers used five companies including Synopex, Duksan Neolux, and Innox Advanced Materials as comparable companies. The bankers used these companies' average EV/EBITDA multiple of 15x to value Dowoo Insys.</li>
</ul>


Dowoo Insys is getting ready to complete its IPO in Korea. Dowoo Insys is one of the first companies in Korea to commercialize ultra thin glass (UTG) for foldable displays.
The IPO price range is 29,000 won to 32,000 won.  At the high end of the IPO price range, the expected market cap of the company is 351 billion won.
The bankers used five companies including Synopex, Duksan Neolux, and Innox Advanced Materials as comparable companies. The bankers used these companies' average EV/EBITDA multiple of 15x to value Dowoo Insys.


Innox Advanced Materials Co,Ltd. (272290 KS)

Dowooinsys

도우인시스 IPO 미리보기