HD Hyundai Marine Solution Co Ltd (Ticker: 443060 KS) is an engineering and R&D services company based in South Korea. The company is set to list on the Korea SE on May 9, 2024. HD Hyundai Marine Solution Co Ltd plans to offer 8.90 million shares at a price of KRW 83,400 each. The expected market capitalization at the time of offer is KRW 3.71 trillion (USD 2.76 billion), and the total offer size is KRW 742.26 billion (USD 552.84 million).
The IPO is being managed by JP Morgan Securities (Far East) Ltd, KB Securities Co Ltd, and UBS Securities Pte Ltd/South Korea. Notably, the IPO includes a retail share range of 2.225 million to 2.67 million shares, and a placing share range of 4.895 million to 6.675 million shares, with a bookbuilding period for foreign investors scheduled from April 8, 2024, to April 22, 2024.