Skyfall (625A) will list on the Tokyo Stock Exchange Growth Market on 17 September. The company, which operates SKYFLAG as its core service, is expected to have a market capitalization of ¥10.96 billion, with an offering ratio of 36.3% and a public offering ratio of approximately 47.7%. Its opening price was ¥1,760, above the offer price.
Skyfall newly listed on the Tokyo Stock Exchange Growth Market on 17 September. Its core business is the reward marketing platform “SKYFLAG,” while the development of overseas advertisers and the launch of advertising services in South Korea are driving sales growth.
The assumed market capitalization is ¥10.96 billion, and the offering size is approximately ¥3.97 billion, making it a medium-sized IPO for the Growth Market. The public offering ratio was 47.7%, the offering ratio was 36.3%, and the opening price was ¥1,760, above the offer price when trading began.
The book-building period ran from 2 September to 8 September, allocation results were announced on 9 September, the offer price was ¥1,500, and the listing date was 17 September. SBI Securities is the lead underwriter. Skyfall combines reward marketing with other proprietary services, aiming to expand its customer base and increase advertising transaction volume.