Doosan Robotics Inc. IPO: South Korea’s Largest Collaborative Robot Supplier Set for Successful Debut

For Doosan Robotics Inc., South Korea’s largest supplier of collaborative robots. will make a successful debut in the stock market this week. The company has seen strong demand from institutional investors, leading to record initial public offering (IPO) deposits this year.

Doosan Robotics, which is scheduled to debut on the domestic stock market on Thursday, has priced its IPO at the upper end of 26,000 19 won ($33). During the two-day IPO subscription period, the company managed to attract a total of XNUMX trillion won in deposits from private investors. This is the highest amount recorded this year.

The company aims to raise 421 billion won with its IPO, the largest amount for an IPO this year. Doosan Robotics is expected to have a market capitalization of at least 1.69 trillion won at the time of its debut.

Founded in 2015, Doosan Robotics has a total of 13 groups of collaborative robots that are mainly used in unmanned coffee shops. However, the company suffered a setback last year, reporting an operating loss of 13.2 billion won despite sales of 44.9 billion won.

After all, with its IPO and successful market debut, Doosan Robotics is poised for further growth and expansion in the collaborative robot market.

Sources:
– Yonhap news agency

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2023-10-01 00:34:01
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