 |
[Alpha Biz=(Chicago) Reporter Paul Lee] Blue M Tec, which will be listed on the KOSDAQ market on the 13th, announced on the 5th that it had a competition ratio of 800.34 to 1 as a result of applying for public offering shares for general investors.
The subscription competition rate of Hana Securities and Kiwoom Securities, which organized the listing, was 855.30 to 1 and 672.09 to 1, respectively.
A total of KRW 2.6611 trillion was collected in subscription margin.
Established in 2015, Blue M Tec is a pharmaceutical distributor and is engaged in a pharmaceutical e-commerce platform business dedicated to drug distribution and hospitals in partnership with domestic and foreign pharmaceutical companies.
Last year, it posted sales of 77.1 billion won and operating profit of 900 million won.
Although it has yet to realize profits, it will be listed under the "Tesla Requirement (Special Cases for Listing Unrealized Companies)," a system that allows companies to be listed if their growth potential is recognized in the future.
The funds flowing through the listing will be used to upgrade platform services, advance overseas, and upgrade logistics center facilities.
Earlier, BBlue M Tec conducted a demand forecast for institutional investors until the 28th of last month and confirmed the public offering price at 19,000 won, which is above the desired range (15,000 won to 19,000 won).
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
