Inspien Public Offering Subscription Attracts 5 Trillion Won in Deposits ... First Trading on the 18th of This Month

▤ Summary

Inspien drew heavy demand for its IPO, with subscriptions reaching 5.1922 trillion won. The company accepted 336,294 applications over two days and posted a competition ratio of 1,538.44 to 1. It raised 27 billion won through the offering and set an implied market capitalization of 121.7 billion won at the 12,000 won offer price. Inspien operates as an SAP solution partner and systems integration company focused on ERP, CRM, SCP, EAI, and SAP security software. The company also launched a cloud EDI SaaS service called Connect Service in 2020.

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