LS Materials Ltd (Ticker: 417200 KS) is a South Korean company in the electronics industry. The parent company LS Group spun off from tech conglomerate LG Group in 2003 and the firm is still controlled by the founding family of LG. LS Group is known for its production of EV batteries, battery materials and copper cables, while the LS Materials unit (spun off in 2021) specializes in ultracapacitors used in various electrical applications, such as the automotive industry, trains, power grid systems.

LS Materials Ltd will list on December 12, 2023, on the KOSDAQ exchange. The firm plans to sell 14.63 million shares at an offer price of KRW 6,000 per share (USD 4.4328). The expected market capitalization at the offer is KRW 405.92 billion (USD 299.89 million). The total offer size is KRW 87.75 billion (USD 64.83 million). The offering is managed by KB Securities Co Ltd and Kiwoom Securities Co Ltd.