On the 11th, the first day digital earth platform EGIS listed on the KOSDAQ market, the stock succeeded in a "double" (twice the offering price) at the start of trading.
As of 9:20 a.m., EGIS is trading at 30,050 won, up 100.33% (15,050 won) from the offering price (15,000 won). EGIS shares rose as high as 33,300 won right after the open.
EGIS is a "digital earth" service platform corporations that builds the real world into a digital environment. Its core product is the "XDCloud Digital Earth Platform," based on Digital Twin technology.
Earlier, in the book-building for institutional investors, it posted a competition rate of 1,109.86 to 1. The offering price was set at 15,000 won, the top end of the desired range (13,000–15,000 won). In the retail subscription, it recorded a competition rate of 546.14 to 1, and approximately 1.536 trillion won in deposits was collected.