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Douglas Research Insights

Samyang Comtech IPO Preview

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Douglas Kim
Jun 19, 2025
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  • Samyang Comtec (a mid-sized defense company) is getting ready to complete its IPO in KOSDAQ in July. It is one of the leaders in the bulletproof and protective materials sector.

  • The IPO price range is from 6,600 won to 7,700 won per share. The IPO offering amount range is from 95.7 billion won to 111.7 billion won.

  • The company has experienced a surging growth in exports in the past several years. Exports which accounted for only 6.3% of total sales in 2022, increased to 41% in 2024.

Major products of Samyang Comtec (Source: Company data)

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