Childcare appliances and hygiene products corporations Poled saw its share price achieve a "ttatabble" (four times the offer price) on the first day of KOSDAQ listing on the 14th.
As of 9:18 a.m. that day, Poled shares were trading at 20,000 won, up 15,000 won (300%) from the KOSDAQ offer price of 5,000 won.
Poled is a childcare appliances and hygiene products corporations that began as an in-house venture at Hyundai Motor.
Poled held a public subscription for retail investors from the 4th to the 6th, recording a competition rate of 3,169.86 to 1. The deposit money totaled about 5.2 trillion won. In the demand forecast for institutional investors, 2,372 institutions participated, with a competition rate of about 1,486.66 to 1.
Poled plans to invest 13 billion won in public offering funds in ▲ research and development (R&D) operating funds ▲ building a logistics center, and more.