Auros Technology’s share price for its upcoming IPO has been set at 21,000 won, the company said on Monday.
It will aim to secure 39.9 billion won from its listing on KOSDAQ on February 24. The price was set after its demand forecast in which 1,413 institutional investors participated in.
Auros Technology’s market capitalization after listing is expected to be around 195.5 billion won.
The company will run retail order for the listing from Monday to Tuesday.
Measurement and inspection technology are growing more important with the advancement in semiconductors, Auros Technology CEO Lee Jun-woo said. The funds from the listing will be used to built the company as a global competitive company in the field, Lee added.