On the 5th, the first day of the group's BTS' agency Big Hit Entertainment, the first day of subscription to the public offering stock, the margin amounted to over 8 trillion won.
Big Hit started the subscription to the public offering stock at 10 am on the same day and completed the subscription application on the first day at 4 pm.
According to NH Investment & Securities, the co-president, the aggregate competition rate of the four securities companies that received the Big Hit general subscription application recorded 89.60:1.
In NH Investment & Securities, where the largest subscription volume was allocated, the competition rate was 69.77:1.
The competition rate of Korea Investment & Securities, the co-president, was the highest at 114.82:1.
The competition rates at the co-host Mirae Asset Daewoo and the acquisition company Kiwoom Securities were 87.99 to 1 and 66.2 to 1, respectively.
From the elderly in their 70s who want to invest in public offerings with extra money, to BTS fans'Ami' who think of Big Hit stock as meaningful'goods', various investors have knocked on the subscription.
The combined amount of the subscription margin for Big Hit, which was collected at the four securities companies on this day, is approximately KRW 8,624.2 billion.
The margins raised by each company are NH Investment & Securities KRW 3,52.8 billion, Korea Investment & Securities KRW 4,359 billion, Mirae Asset Daewoo KRW 1.1 trillion, and Kiwoom Securities KRW 165.6 billion.
Based on the integrated margin on the first day, it is more than SK Biopharm (approximately KRW 5.9 trillion), which succeeded in listing, and less than Kakao Games (approximately KRW 16 trillion).
Usually, on the first day of offering stocks, investors tend to watch the trend of competition, and applications tend to be crowded on the next day.
In addition, there is also an observation that Big Hit may be close to the margin record of Kakao Games due to the recent fierce application of public offerings and abundant liquidity in the market.
The subscription margin for Kakao Games, which set a new record in the history of IPO in Korea, was 58,555.4 billion won.
As of the 29th of last month, the day before the Big Hit subscription, the balance of the securities company's comprehensive asset management account (CMA) was totaled at 64.95 trillion won.
This is an increase of KRW 1.9 trillion from the previous trading day, which is about 4 trillion KRW compared to Kakao Games.
In addition, if the investor's deposit of KRW 53 trillion 8801 billion on the same day is added, only the stock market standby funds amount to KRW 118 trillion.
The public offering price of Big Hit, as determined by the institutional investor demand forecast, is 135,000 won, and the number of publicly offered stocks is 1426,000 shares, 20% of the total public offering.
If a margin of KRW 100 trillion rises, the competition rate soars to 1,38 to 1, and individual investors receive only one week even if they put in KRW 100 million of margin.
If the margin is 60 trillion won, which is the level of Kakao Games, if you pay 42 million won, you will receive 1 share, and if you pay 100 million won, you will receive 2 weeks.
The amount of general subscriptions allocated to each brokerage company is 648,000,182 shares of NH Investment & Securities, 5555584 shares of Korea Investment & Securities, 185195 shares of Mirae Asset Daewoo, and 37,393 shares of Kiwoom Securities.
Big Hit will be listed on KOSPI on the 15th after a regular subscription for two days until the 6th.
(Photo = Courtesy of Big Hit Entertainment, Yonhap News)