Force-torque sensor maker AL Robot seeks KRW 37.7bn in KOSDAQ IPO, subscription Nov 6
AL Robot, a Bucheon-based maker of torque and six-axis force/torque sensors for robots, is offering 2.4 million new shares in a KOSDAQ IPO, according to its amended securities registration statement on DART.
At the KRW 15,700 per share used in the filing the offering raises KRW 37.68 billion, with KRW 13.48 billion earmarked for facilities and KRW 23.93 billion for operations. Daishin Securities is lead manager on a firm-commitment basis; public subscription runs Nov 6 to 9 and payment is due Nov 11.
AL Robot, a Bucheon company that makes torque sensors and six-axis force/torque sensors for robots, is heading for KOSDAQ with a primary offering of 2.4 million new shares, according to its amended securities registration statement filed on DART on Oct 12. At the KRW 15,700 per share used in the filing, the offering raises KRW 37.68 billion; the final price will be set with lead manager Daishin Securities after institutional book-building, which Etoday reported runs from Oct 28 to Nov 3.
Where the money goes
The filing assigns KRW 13.48 billion to facilities, including the robot force/torque sensor business, KRW 23.93 billion to operating funds and KRW 1.27 billion to offering costs. Daishin underwrites the whole issue on a firm-commitment basis. Public subscription runs Nov 6 to 9 and payment is due Nov 11. No existing shareholder is selling.
What AL Robot makes
On its website AL Robot describes itself as a supplier of torque and six-axis force/torque sensors for robotics, manufacturing, medical, research, aerospace and sports-science users. In July it was accredited by KOLAS, the Korean accreditation body under the standards agency, as a torque calibration laboratory, which lets it issue internationally recognised calibration certificates. Its chief executive told Edaily that the company supplies force/torque sensors in volume to a Japanese robot maker; the filing summary we read does not name customers.
Why it matters
Force/torque sensing is what lets a robot arm or hand control contact rather than only position, and it sits in the wrists of collaborative robots and humanoids. AL Robot is the third Korean robotics component or system listing MEKAWIRE has tracked this month, after Intellivix and LG's motor spin-off C&M. For how Korean robot IPOs have priced against Chinese ones, see our robot IPO explainer.
- AL Robot
- Force/torque and torque sensors
- 37.68bn at KRW 15,700
- Subscription Nov 6 to 9
- Intellivix
- AI video analytics, quadruped patrol robot
- 22.5bn at KRW 9,000
- Priced at top of range (Oct 20)
- C&M (LG motor spin-off)
- Humanoid and quadruped joint actuators
- About 38bn
- KOSDAQ IPO plan (Oct 19 story)
Offering sizes as filed or as reported in MEKAWIRE's earlier stories; AL Robot's final size depends on the price set after book-building.
As of Oct 28, 2026
What to watch: the final offer price in the amended filing after Nov 3, the subscription ratio on Nov 6 to 9, and the listing date.
- AL Robot, Bucheon, torque and 6-axis force/torque sensors
- Subscription Nov 6 to 9, 2026; payment Nov 11
- Daishin Securities, firm commitment
- 2,400,000 new common shares, par KRW 500
- Facilities KRW 13.48bn, operations KRW 23.93bn, costs KRW 1.27bn
- KRW 15,700 per share (final price after book-building)
- KRW 37.68 billion