AL.Robot KOSDAQ IPO: offer price KRW 17,600; ~$31.5M raise; force/torque sensors; retail Nov 6–9
South Korea’s AL.Robot, which makes joint torque and six-axis force/torque sensors for robots, set its KOSDAQ IPO offer price at KRW 17,600 on November 5—the top of its KRW 15,700–17,600 range—after bookbuilding, IB Tomato reported citing a DART filing. The 2.4 million new shares imply about KRW 42.24 billion gross (about $31.5 million), or roughly KRW 41.8 billion net.
Source: IB Tomato / NewsTomato (Nov. 5, 2026): AL.Robot IPO price set at KRW 17,600
Institutional competition ran about 871.7 to 1. Retail subscription is November 6–9, with listing targeted for mid-November. AL.Robot reported about KRW 151 billion in 2024 revenue and KRW 150 billion last year, but operating losses of KRW 13 billion last year and KRW 6 billion in first-half 2026. It says it supplies Korean cobot makers and began volume joint-torque shipments to a Japanese robot maker Korean coverage labels “SE.”
Servospace take: a real-revenue parts IPO funds the components layer, but losses show sensor volume is not yet a clean profit engine.
More on robot business and funding.
Sources
- IB Tomato / NewsTomato (Nov. 5, 2026): AL.Robot IPO price set at KRW 17,600
- Financial News (Nov. 3, 2026): AL Robot IPO briefing
- AL.Robot IR PAGE (IPO schedule)
- DART registration statement (AL Robot equity, Nov. 4, 2026)
- AL.Robot product site
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Summarized by Servospace from the sources above, drafted with AI help and checked against those sources before publishing. Claims are the companies' or outlets' unless we say otherwise. How we work.