South Korean cosmetics firm Goodai Global applies for IPO

South Korean cosmetics firm Goodai Global applies for IPO

Photo: Pixabay

Goodai Global, the South Korean cosmetics company behind the Beauty of Joseon and SKIN1004 brands, has applied to list on the country’s main KOSPI market, the Korea Exchange (KRX), said on Friday.

Goodai Global, founded in December 2016, submitted its preliminary listing application on November 13.

As of the filing date, founder and co-chief executive Cheun Ju-hyuk and six other shareholders owned 80.54% of the company, according to the exchange.

In 2025, Goodai Global reported operating profit of 139.6 billion won ($104.7 million) and net profit of 92.3 billion won on revenue of 456.5 billion won, based on non-consolidated figures. Total assets were 1.39 trillion won.

Mirae Asset Securities is the lead underwriter for the planned listing, and NH Investment & Securities is the co-underwriter.

Reuters

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