I couldn’t even get a week for the 100 million hit ‘Competition Jackpot’ … How do I subscribe?

Big Hit Entertainment, the agency of the BTS (BTS) group, began forecasting demand from domestic institutional investors on the 24th before listing on the KOSPI. The photo shows Big Hit Entertainment’s (Yongsan Trade Center) new office building in Yongsan-gu, Seoul, prior to expansion later this year. Yunhap news

Big Hit Entertainment, BTS’s agency, enters a public offering for general investors right after the Chuseok holiday. As it is one of the largest IPOs in the second half of the year, it is drawing attention if it will record a public offering jackpot beyond SK Biopharm and Kakao Games.

◆ Market capitalization of 3.2 trillion … Beyond SM · YG · JYP

On the 5th and 6th, Big Hit will receive public offers for general investors to list on the KOSPI market.

Big Hit confirmed the offering price of the stock at 135,000 won per share. Initially, the bid price was decided on the upper part of the band (105,000-135,000 won) proposed by the company. This is because it registered a high competition rate of 117.3: 1 in the forecast of demand for publicly offered shares made for institutional investors from the 24th to the 25th of last month.

It is lower than the demand forecast competition rate of Kakao Games (1,478.5 to 1), which received a public offer, but higher than SK Biopharm (835.7 to 1). 1,420 domestic and foreign institutional investors participated in Big Hit’s demand forecast for public offering shares.

The market capitalization calculated on the basis of the public offering price is about KRW 4.8 trillion.

The market capitalization of JYP, YG and SM Entertainment, the big three entertainment companies already publicly traded, exceeded the sum (around KRW 3.2 trillion).

With the unprecedented demand forecast competition index, the OTC market has surpassed 300,000 won.

On the 30th, ‘Securities Plus’, a platform that trades OTC stocks, said it wants to buy Big Hit, and prices are rising to the upper limit of 300,000 won. It is possible to detect an atmosphere that reflects the expectation of a jackpot increase after listing in a state where there are no listings available for sale.

The members of BTS, who accomplished the feat of being number one on Billboard’s main singles chart with the new song ‘Dynamite,’ pose at the Media Day online event on the 2nd. [빅히트 엔터테인먼트 제공. 재판매 및 DB 금지] Yunhap news

◆ Put 100 million margin and you may not receive even a week

The competition rate for investors in general is also expected to subscribe to public offerings.

Through this public offering, a total of 7.13 million new shares are issued, of which 1,426,000 are issued, or 20% of the total subscription amount to general investors.

Since the amount allocated to general investors is small, it is very likely that the amount received according to the competition rate will be extremely small even if you subscribe.

If you pay 100 million KRW in margin (subscription margin rate of 50%, subscription request worth 200 million KRW), you can receive 1 ~ 2 weeks if you pay 100 million KRW, which is similar to the demand forecast for the general investor subscription competition rate. If the competition rate exceeds 1,600: 1, you can pay the same margin and receive less than a week.

In the case of Kakao Games, which reached a whopping 1,524.85 to 1 due to the accumulation margin of more than 58 trillion won in the general investor subscription, Kakao Games received an average of 5 weeks with a margin of 100 million. won. The public offering price was 24,000 won.

Information about the Big Hit Entertainment competition. NH investments and securities

◆ How to subscribe to Big Hit Public Stock?

The Big Hit public offering underwriting can be done at NH Investment & Securities, Korea Investment & Securities, co-hosts of Mirae Asset Daewoo Securities and Kiwoom Securities, an acquisition company.

NH Investment & Securities is the most important with 648,000,182 shares. Next, Korea Investment & Securities (555,584 shares), Mirae Asset Daewoo (185,000,195 shares), Kiwoom Securities (37.3939 shares). For general subscription, 50% of the subscription fee must be paid as margin.

Before subscription, an account must be opened with the relevant securities company.

NH Investment & Securities can participate in the subscription by opening a remote account before the 4th day. If you participate in the general subscription with a new account, you can participate for up to 12,800 weeks, and if you participate in the maximum amount, the required margin is at least 672 million won and up to 864 million won.

For offline accounts, Korea Investment & Securities can subscribe to public offerings only for accounts opened the day before the subscription deadline date (10/5). In the case of an account other than face-to-face, the account opened on the day of the subscription deadline can also be accepted.

The final competition rate for each brokerage firm is announced on the afternoon of October 6, the deadline for subscription. The underwriting margin is automatically processed into the brokerage account on the 8th without a separate redemption request.