In today’s briefing:
- Lion Heart Studio Pre-IPO – The Positives – Got One Hit
- Lohia Corp Pre-IPO Tearsheet
- SAMG Entertainment IPO Preview
- Giant Biogene Pre-IPO – PHIP Updates – Sales Growing Faster but so Have Marketing Spends
Lion Heart Studio Pre-IPO – The Positives – Got One Hit
- Lionheart Studio (426630 KS), a game development studio based in South Korea, aims to raise around US$420m via its South Korean IPO.
- The company is majority owned by Kakao Games Corp (293490 KS), which after having recently hiked its stake, owned 54.94% of the company prior to listing.
- In this note, we will talk about the positive aspects of the deal.
Lohia Corp Pre-IPO Tearsheet
- Lohia Corp (1638860D IN) is looking to raise about US$183m in its upcoming India IPO. The deal will be run by ICICI Securities, HSBC, IIFL Securities and Motilal Oswal.
- Lohia Corp is the market leader in India for end-to-end manufacturing solutions within the machine segment for the Raffia industry in Fiscal 2022, according to Frost & Sullivan.
- In addition to machines for the Raffia industry, it also manufactures spin-draw-wind machines (LOFIL) for polypropylene (PP) multifilament yarn that is used in upholstery, among others.
SAMG Entertainment IPO Preview
- SAMG Entertainment is getting ready for an IPO on the KOSDAQ market. SAMG Entertainment is a leading children animation and digital contents focused entertainment company targeting young children.
- The IPO offering amount is from 37.8 billion won to 46.7 billion won. The book building for the institutional investors starts on 1 November.
- The company operates 42 Youtube channels including 15 domestic channels and 27 overseas channels. The total number of subscribers for these 42 Youtube channels exceeds 39 million.
Giant Biogene Pre-IPO – PHIP Updates – Sales Growing Faster but so Have Marketing Spends
- Giant Biogene Holding (GBH HK) aims to raise around US$500m in its Hong Kong IPO.
- GB is a leader in the bioactive ingredient-based professional skin treatment product industry in China.
- We had looked at the company’s past performance in our previous notes. In this note, we’ll talk about its PHIP updates.
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