63 trillion won was concentrated in SK Basa… As an investor thirsting for returns

[이데일리 이지현 권효중 기자] “I recently sorted out Tesla’s stock and put it in the SK Bioscience public offering, and I hope this will be a good job.”

On the 10th, an individual investor who participated in the subscription to SK Bioscience’s public offering stock said this. As technology-related stock prices, including Tesla and Apple, declined amid rising US long-term interest rates, Seohak ant is also turning to invest in public offerings.

In addition, from the housewife Jurin (stock + children, stock beginners) who said “Let’s make a price for chicken,” and investors who are thirsty for the profit rate due to the recent stock market decline, SK Bioscience’s offer for a public offering succeeded in hitting the box office. In the future, it is observed that the public offering stock frenzy will continue for the time being, as superior companies such as Krafton (Battleground Game), Kakao Pay, and Kakao Bank are also preparing for IPO.

[이데일리 김정훈 기자]

Liquidity in the market… Absorbed more than SK Biopharm and Kakao Games

According to NH Investment & Securities, the representative organizer, the average subscription competition rate of SK Bioscience was 335.36:1. The total number of subscriptions of 1,975,533 million was collected for a total of 58,371,100 shares. This exceeds the competition rate of (323.03 to 1).

By securities company, it was 334.32 to 1, Korea Investment & Securities 371.54 to 1, Mirae Asset Daewoo Securities 326.33 to 1, 225.18 to 1, 443.23 to 1, and Hana Financial Investment 284.79 to 1.

The subscription margin alone amounted to 63,619.7 billion won. This broke the record high of 58,554.3 billion won last year.

Due to SK Bioscience’s high competition rate, a red light was lit in the strategy of securing 1 account for a total of 6 shares. Those who participated in the subscription from NH Investment & Securities, which participated as the host company, Hantoo, Mirae Asset, and SK Securities, which participated as the acquisition group, are able to distribute at least one share equally. However, for Samsung Securities and Hana Geumtu, which secured only 5% of the subscription volume, a random lottery system is inevitable as subscribers are crowded more than the equally distributed amount.

Although Samsung Securities’ equal distribution volume is 149,528, it is highly likely that the number of subscribers is 390,529,000, which is more than doubled, and 24,9363 people will receive less than one share due to equal distribution. Hana Geum Investment, which has the same amount of distribution, also flocks to 2,09594 people, so 63667 people may not be able to secure even one share. A total of 313029 people are more likely to become empty-handed in equal distribution. An official at a securities company explained, “In the case of these securities companies, there will be a random lottery for equal distribution, but this method will vary slightly for each securities company.”

SK Bioscience’s success has already been signaled by the capital trend around the stock market. According to the Financial Investment Association, the amount of deposits of investors in the form of stock market funds as of the 9th was 68.997 billion won, an increase of 3672 billion won from the previous 8th (67.732.5 billion won). In particular, on the 5th, which was the last day of the previous week, just before SK Bioscience’s subscription, the deposit amounted to more than 5 trillion won in one day alone.

Funds also came from public offering funds. According to F&Guide, as of the 9th, a total of 128 public offering stock funds amounted to 44.2 billion won in one day. It is used as a way to secure stable profits avoiding high competition rates. Kim Hoo-jung, a researcher at Yuanta Securities, explained, “Last year, large-scale public offerings (IPOs) continued, and the average return of public offering funds was 12.6%, which is significantly higher than in 2019 (2.6%).”

Even those who turned away from the public offering subscription one by one

Public offering has been a steadily popular among some investors as it is unlikely to incur losses, and because it allows you to secure stocks of high-quality companies relatively cheaply. However, the big players in the investment did not pay attention to the fact that when they invest in public offering stocks, the funds are tied for at least three days before the subscription margin is returned. At the time of subscription, even if you put 100 million won, you can only hold it for two weeks, so there was a widespread perception that it was better to buy an item to be raised to realize profits.

The mood has changed somewhat as the stock market’s uptrend has slowed. Investors who had been looking for cash and looking at them all turned their eyes to public offering stocks. If SK Bioscience records’Daesang’ (double the initial price and the upper limit after the public offering price), it can increase the rate of return of 160%. As a result of subscriptions by investors thirsting for’alpha profits’, 2.39 million subscriptions were made, and the number of subscriptions alone reached 1.95.53 million shares. This is an average of 816 shares per subscription.

The system has been reorganized so that you can get one week without putting a bunch of money here. As the subscription threshold has been lowered, it has developed into a subscription for all ages, men and women, from children to the elderly. Since last January, there have been a lot of people who want to make an early subscription by creating an account for their children on the brokerage site of a securities company. Employees at securities companies complained that “I don’t have time to go to the bathroom. Last year, after going through fierce competition from SK Biopharm, when you signed up for Kakao Games or Big Hit, who were the next runners, it was an atmosphere of giving up the subscription, saying that even if you put 100 million in margin, you could not receive 10 weeks. However, this time, because of the equal distribution system, a large number of people rushing to try even a small amount just before the deadline contributed to the success of the subscription.

Park Jong-sun, a researcher at Eugene Investment & Securities, said, “As the offering price (65,000 won) was high, the competition rate was low, but subscription margin is the largest. It can be interpreted that the number of micro-subscriptions has increased a lot.” He predicted that if the profit rate is high this time, the public offering stock boom could lead to IPOs such as LG Energy Solutions, which will be carried out in the future.

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