Brills traded at 46,000 won at 9:27 a.m. on October 1, up 26,500 won, or 135.90%, from its 19,500-won offering price on its first day on the KOSDAQ market. The company raised 23.4 billion won by issuing 1.2 million new shares, implying a market capitalization of about 221.6 billion won at the offering price. Retail subscription demand reached 1,676.26 times the shares available, with about 4.9031 trillion won deposited across 113,800 applications, while 2,181 institutional investors generated demand of 1,187.74 times the allocation. Brills provides modular robot systems spanning design, software, production, installation and after-sales service, using industrial robots, collaborative robots and autonomous mobile robots for inspection, assembly, logistics and safety applications. First-half revenue reached 13.65709 billion won and operating profit was 841.2 million won, while exports rose 130.9% year on year to about 7.75 billion won. The company plans to expand support for North American customers through its Michigan unit.