Elis Group, a corporation specializing in artificial intelligence (AI) infrastructure and cloud, has begun its push to list on the KOSDAQ market.
According to the financial investment industry on the 19th, Elis Group filed for a preliminary listing review with the KOSDAQ Market Division of the Korea Exchange (KRX) that day. Mirae Asset Securities and Samsung Securities are serving as lead underwriters.
Elis Group started in 2015 as a company specializing in information technology (IT) education services such as coding and has now transformed into an AI infrastructure company supporting the construction of modular data centers (PMDC).
In particular, it has evolved into an AI full-stack corporation that provides an integrated foundation for AI operations, including modular data center construction, cloud software, and model services.
Riding the global AI boom, its scale has grown. On a consolidation basis, Elis Group's revenue rose more than 60% in three years, from 24.6 billion won in 2022 to 39.5 billion won in 2025.
There is also speculation that its KOSDAQ market listing valuation will exceed 1 trillion won. The company also secured a 1 trillion won valuation in a new funding round in April.
Chief Executive Kim Jae-won of Elis Group said, "We chose to list to advance our lead in the domestic market and accelerate expansion into global markets," adding, "We will prepare for the listing review process without a hitch."