What should I check before investing in IPO shares?

The Financial Supervisory Service advises first checking the investment risks in the prospectus, and then looking at the basis for the offer price, the results of institutional book-building (participation by investor type and the distribution of bid prices), the subscription status and the volume of lock-up commitments.

You can also refer to each underwriter's past IPO track record on the Korea Financial Investment Association's electronic disclosure service. However, even this information does not guarantee future share prices.