SY Steeltech's plan to raise public offering funds and grow through IPO
SY Steeltech is a company that is separated from SY Materials business division and produces steel materials at a factory located in the Dongchungju Industrial Complex in Gyeonggi-do. The public offering funds raised through this IPO will be used to expand two factories in the Dongchungju Industrial Complex and develop new products such as board deck and long span deck. The expected size of the IPO was approximately 12.6 billion won, and the competition rate was 1,113 to 1.
This amount will be used as an important fund for the growth of SY Steeltech. The company plans to strengthen its production capacity by expanding two factories in the Dongchungju Industrial Complex and improve its competitiveness in various markets by developing new products such as board deck and long span deck. Through this, SY Steeltech will be able to increase its growth, strengthen its position in the market, and develop further.
By effectively utilizing the funds raised through this IPO, SY Steeltech will increase its growth by expanding its second factory in the Dongchungju Industrial Complex and developing new products such as board deck and long span deck. Through these plans, it is expected that the company will be able to strengthen its competitiveness and achieve sustainable growth. After listing, S.S. SteelTech's market capitalization is expected to be approximately 55.1 billion won.
This is based on the demand forecast results for the institution SY Steeltech. According to demand forecasting conducted by a total of 1,933 domestic and foreign organizations, 99.9% of all participating volumes offered prices above 1,500 won, which is the upper end of the band. This means there is very high demand.
SY SteelTech's public offering price has not yet been confirmed, but considering the demand forecast results, it is expected that the public offering price will likely be set at more than 1,500 won. Summary: - SY SteelTech's market capitalization after listing is expected to be approximately 55.1 billion won. - 1,933 domestic and foreign organizations participated in demand forecasting for SY Steeltech.
- 99.9% of participating organizations proposed a price of 1,500 won or more. - The public offering price has not yet been confirmed, but it is highly likely to be set at 1,500 won or more.
For proportional subscriptions, carefully calculate the interest cost.
Proportional subscription is a method of allocating stocks to those who have the opportunity to issue stocks according to the proportion of registered stocks.
Proportional subscription is also in progress at SY Steeltech. However, it is important to keep in mind that because the subscription size is so small, the competition rate may be higher than you think. If you subscribe proportionally, you must carefully calculate the interest cost.
When you participate in subscription, the amount to be paid is determined by the issue price and subscription rate. At this time, if you do not understand interest expenses well, unexpected burdens may arise. When calculating interest expenses, it is important to calculate the exact amount by considering the issue price, subscription rate, payment date, etc.
Although the subscription size is small, it is recommended to proceed with the subscription keeping in mind that the competition rate is high. When competition is high, investors use various strategies to acquire stocks. Therefore, you must determine how much you can pay through thorough calculation and analysis based on the ratio of shares available for subscription.
Costs need to be well controlled to enable efficient subscription within a set budget. In this way, SY Steeltech's proportional subscription requires careful calculation of interest costs, and it must be kept in mind that although the subscription size is small, the competition rate is high. Calculating accurate interest costs and establishing a subscription strategy will help you successfully participate in subscription.
SY Steeltech has a problem in that the subscription schedule and listing schedule for the stock overlap. The subscription schedule will overlap for 7 stocks, and the listing schedule will list 3 stocks simultaneously. We will strengthen and fix what needs to be changed about this.
SY Steeltech is experiencing a problem in that the subscription schedule and listing schedule for multiple stocks overlap. The current subscription schedule overlaps for 7 stocks, and the listing schedule is for 3 stocks to be listed simultaneously. This situation can cause confusion for investors.
Accordingly, SY Steeltech is making efforts to effectively adjust the subscription schedule and listing schedule. By adjusting the subscription schedule, investors can receive help to ensure that the stocks they need to select to participate in the subscription do not overlap. In addition, the listing schedule can be adjusted to prevent confusion with multiple stocks being listed to investors at the same time.
SY Steeltech is doing its best to adjust the subscription schedule and listing schedule to provide a better investment environment for investors. This is an important effort to ensure the interests and trust of investors. We will organize the strengthened and revised content and write it as follows for a clearer introduction to the content.
SY Steeltech is experiencing problems with overlapping subscription schedules and listing schedules.
The current subscription schedule overlaps for 7 stocks, and the listing schedule is for 3 stocks to be listed simultaneously.
These issues can cause confusion for investors.
SY Steeltech is trying to solve these problems by adjusting the subscription schedule and listing schedule.
Investors can avoid overlapping schedules to participate in subscriptions.
Additionally, by adjusting the listing schedule, you can prevent confusion with multiple items being listed at the same time.
SY Steeltech strives to ensure the interests and trust of investors.
We have organized the contents as above and will use tables to improve readability. Below is the content written in table format.
Through the above contents, SY Steel Tech was able to clearly communicate to investors what problems it is experiencing and what measures it is taking.
SY Steeltech's net profit has grown in 2022.
SY Steeltech's net profit grew in 2022, the previous year, compared to 2021, the year before listing.
Accordingly, you can see that net profit has increased compared to the previous year.
Also, let me tell you. SY Steeltech does not hold stock options.
Therefore, we would like to inform you that no profit was generated due to the impact of stock options.
Additionally, no prior allocation to the Employee Stock Ownership Association has been made. This is additional information.
As can be seen in the table above, SY Steeltech showed net profit growth in 2022 compared to the previous year.
In this way, SY Steeltech's net profit grew, and there was no change in the contents related to stock options and employee stock ownership association.
10% of SY SteelTech's shares will be allocated to the SYSteeltech Employee Stock Ownership Association, 25% of shares will be allocated to general subscribers, and 65% of shares will be allocated to institutional investors. This information was obtained from the book 'IPO Stock Investment - How to Earn High Returns'. SY SteelTech's allocation ratio is as follows: - SY SteelTech Employee Stock Ownership Association: 10% - General subscribers: 25% - Institutional investors: 65% This information can be expressed in an accurate list format.
As such, it is important to present information accurately and neatly.
Main idea announced by SY Steeltech: All funds from this public offering will be used as facility funds
SY Steeltech decided to use the public offering funds as facility funds.
As a result, the public offering price was confirmed at 1,800 won, a discount of approximately 3.95%. In this new share offering, we plan to offer 100% of 7 million shares, and can be used in various facilities other than residential apartments. The offering of 7 million new shares through this public offering is an important plan to raise facility funds.
This will allow us to fund a range of facility developments and improvements, as well as existing residential facilities. The public offering price was confirmed at 1,800 won, a 3.95% discount. This price is presented at a very favorable price to investors and will provide successful investment opportunities in the future.
In this public offering, we will raise new shares at 100%. This is an important decision to ensure sufficient funding for business growth and facility development. Through this opportunity, investors can confirm SY Steeltech's growth potential and create future value through investment.
In the future, SY Steeltech plans to develop and improve various facilities through this investment. This will provide an important foundation for the company's future growth and provide great value to investors.
SY Steeltech's public offering funds will be used to fund facilities.
This allows funds to be utilized for the development and improvement of various facilities in addition to existing residential facilities. The public offering price has been confirmed at 1,800 won, a discount of approximately 3.95%, and the new share offering is scheduled to be 7 million shares at 100%. This public offering provides an important investment opportunity for SY Steeltech’s future growth.
Through this, investors can confirm the growth value of the company and generate successful investment returns in the future. SY SteelTech is one of the essential building items commercialized not only for SY SteelTech but also for all buildings such as complex facilities and logistics centers. A deck plate is a metal assembly structure used for pouring concrete when constructing the floor slab of a building, and is a construction material that replaces the conventional construction method of existing plywood formwork.
SY Steeltech's deck plate is made of metal assembly structure. It is used when constructing the floor slab of a building and is used as a material for pouring concrete. Previously, plywood formwork