Azwemake (CEO Sooyoung Son) announced on the 25th that it has selected NH Investment & Securities as the lead manager for its initial public offering (IPO) and has begun full-scale preparations for listing.
Azwemake reportedly selected NH Investment & Securities as its lead underwriter after comprehensively evaluating its IPO experience and expertise in retail and tech companies. NH Investment & Securities has led major IPOs, including those for Kakao Pay and Krafton, over the past five years. It is recognized as a securities firm with strong regulatory compliance, having maintained a 100% approval rate for preliminary listing reviews over the past three years.
As a retail tech SaaS company, Azwemake vertically integrates the technologies necessary for retail operations, including grocery mart DX, WMS/ERP, integrated POS solutions, and O2O platforms. It offers a unique full-stack solution in the domestic market. This December, Azwemake plans to export its "K-DX Integrated Retail Solution" to the Vietnamese K-Market, accelerating its overseas expansion.
NH Investment & Securities evaluated that Azwemake possesses growth potential similar to that of global SaaS retail companies and announced its position to support the successful completion of its target listing in 2027 and the achievement of a corporate value in the trillions of won.
“We believe that NH Investment & Securities’ experience in large-scale IPOs and industry analysis capabilities will significantly contribute to our company’s growth,” said Son Soo-young, CEO of Azwemake. “Based on the technological competitiveness that has driven the digital transformation of the Korean retail industry, we will leap forward as a leading global retail tech listed company.”
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