‘Random lottery’ when the number of subscription accounts exceeds the equally allocated amount
“Some securities companies, the probability of receiving less than one week will be lower.”
Reporter Kim Beom-jun [email protected]
I am trying to subscribe to SK Bioscience’s public offering stock. If you put in 325,000 won, you can get 1 week unconditionally, right?
The last day of the subscription to SK Bioscience’s public offering stock was bright. As SK Biopharm, a subsidiary of SK Group, recorded an IPO hit last year, expectations for SK Bioscience also increased. Investors flocked as the allocation method of IPO public offerings for microinvestors changed just in time. However, it is a sign that there may be cases where even one share of public offering cannot be secured as it spreads to a frenzy beyond the craze.
According to the financial investment industry on the 10th, this is the last day to sign up for a public offering of SK Bioscience. If you do not proceed with the subscription by this day, you will not be able to receive public offering shares.
From this year, even small subscribers have a way to receive public offering shares. This is because the’equal 50% + proportional 50%’ system was created. Until last year, in the case of popular public offerings, at least tens of millions of won had to be put in margin to get one week.
Equal allocation is a method of distributing half of the public offering stocks that are shared by individual investors to those who have subscribed. Accordingly, it was predicted that if only 10 shares, which is the minimum subscription unit of SK Bioscience’s public offering shares, that is, 325,000 won (margin rate of 50%), you will be able to receive one share.
The problem is that if the number of subscription accounts for each brokerage company is more than the equally allocated amount, it is changed to a random lottery method. This means that there may be cases of receiving less than a week.
NH Investment & Securities, Korea Investment & Securities, Mirae Asset Daewoo, etc. Looking at the equal distribution volume of the six public offering stocks and the number of subscriptions up to the previous day, NH Investment & Securities, which has the largest equal volume of 106,1438 stocks, applies for an offer of 340,630 It is a situation where you can afford to do it.
Korea Investment & Securities also has 6,598,813 shares, while the subscription accounts are recording 275,5890 accounts, and Mirae Asset Daewoo has 241,125 shares with 24,4054 accounts, and SK Securities with 22,9500 shares with 44,586 shares. to be.
The problem is Samsung Securities and Hana Financial Investment. Samsung Securities has an equal volume of 14,3438 shares, and the number of subscription accounts has already exceeded the volume with 22,57 shares. Hana Financial Investment also has 14,3438 shares, while the subscription account is close at 13,4893 shares. If the number is counted by this day, the number of left can be greatly increased.
An official from a securities company that is conducting the offer for public offering shares said, “In the case of some securities companies, the number of subscribed accounts on the first day has already exceeded the equally allocated amount.” Expected.
Song-ryul Lee, reporter of Hankyung.com [email protected]
Ⓒ Hankyung.com prohibits unauthorized reproduction and redistribution