HD Hyundai Robotics has initiated the process for a public listing in South Korea, hiring a consortium of investment banks to lead its initial public offering. The move marks a strategic step toward expanding capital access and strengthening its position in the global robotics market.
- HD Hyundai Robotics has hired Samsung Securities, Hana Financial Investment, and Korea Investment & Securities as lead underwriters for its 2026 IPO.
- The IPO targets KRW 2.5 trillion (USD 1.8 billion) in gross proceeds.
- Company reported KRW 1.7 trillion in revenue in 2025, up 17% from the prior year.
- Order backlog reached KRW 3.2 trillion as of December 2025.
- Expected listing window: late 2026.
- IPO aims to fund R&D, global expansion, and automation infrastructure.
HD Hyundai Robotics has appointed a group of financial institutions to manage its upcoming initial public offering in South Korea, signaling a major milestone in the company’s growth trajectory. The IPO, expected to launch in late 2026, aims to raise approximately KRW 2.5 trillion (USD 1.8 billion) to fund research and development, international expansion, and automation infrastructure. The lead underwriters include Samsung Securities, Hana Financial Investment, and Korea Investment & Securities, with additional local and international banks participating in the syndicate. The company, a subsidiary of HD Hyundai Group, has established itself as a key player in industrial robotics, particularly in automotive manufacturing and heavy machinery automation. In 2025, HD Hyundai Robotics reported revenues of KRW 1.7 trillion, reflecting a 17% year-over-year increase, driven by growing demand from automotive OEMs and smart factory adoption across Asia. Its order backlog stood at KRW 3.2 trillion as of December 2025, underscoring strong market confidence in its technology and execution capability. The IPO is considered one of the most anticipated listings in South Korea’s technology sector this year. Market analysts anticipate strong institutional investor interest, especially from pension funds and sovereign wealth funds with exposure to industrial automation. The listing will also enable HD Hyundai Robotics to enhance its global brand recognition and access deeper capital markets for future acquisitions and technology integration. The move follows broader trends in South Korea’s capital markets, where tech and industrial firms are increasingly turning to public markets to support innovation and scale. If successful, the IPO could set a benchmark for other engineering and robotics firms in the region to pursue similar paths.