Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

LG Energy Solution IPO: Record Retail Demand Amount

MSCI Korea: Potential Inclusions & Exclusions in February 2022 Highlighted by Locals

LG Energy Solution: Confirmed Allocations, Float, & Lock-Up Periods

LG Energy Solution - What Are the Locals Saying About This IPO?

LG Energy Solution IPO Valuation Analysis: An Attractive IPO with a 40%+ Upside

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Capital Markets

LG Energy Solution / Equity Capital Markets

<ul>
<li>Numerous local media have mentioned that the institutional book building of LG Energy Solution IPO has been a big success. </li>
<li>It is estimated that the demand ratio of this IPO was more than 1,500 to 1. The IPO price has been mostly confirmed at 300,000 won per share. </li>
<li>Our base case valuation of LG Energy Solution is implied market cap of 99.2 trillion won and implied price per share of 424,093 won.</li>
</ul>


Numerous local media have mentioned that the institutional book building of LG Energy Solution IPO has been a big success. 
It is estimated that the demand ratio of this IPO was more than 1,500 to 1. The IPO price has been mostly confirmed at 300,000 won per share. 
Our base case valuation of LG Energy Solution is implied market cap of 99.2 trillion won and implied price per share of 424,093 won.


LG Energy Solution

LG Energy Solution Bookbuilding Results