NorthSand

ノースサンド

TSE Growth ・ Ticker 446A ・ Listed

Result on listing day

+7.1%

Offer price

1,120 yen

First traded price

1,200 yen

Selling 100 shares at the first traded price would have produced a gain of 8,000 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.

Application period (book building): 2025-11-06 — 2025-11-12
Lottery result: 2025-11-13
Listing date: 2025-11-21
Cash needed to apply for one lot (100 shares): about 112,000 yen
Offering size (at the offer price): 22 billion yen ・ 19,800,000 shares
Market capitalisation at listing: 77 billion yen
Lock-up: Not translated — this is the wording from the Japanese offering documents, kept verbatim so it matches what your broker shows: 既存株主の全てに180日間または360日間
Company website: https://www.northsand.co.jp/

Closing prices after listing

Compared with the first traded price of 1,200 yen.

2025-11-211,467 yen+22.3%

2025-11-251,368 yen+14.0%

2025-11-261,396 yen+16.3%

2025-11-271,274 yen+6.2%

2025-11-281,332 yen+11.0%

Brokers you can apply through

You can only enter this lottery through a broker underwriting it. The lead underwriter is Daiwa Securities, which receives the largest allocation.

大和証券岡三証券岡三オンライン SBI証券楽天証券マネックス証券大和コネクト証券

Broker pages are in Japanese. A comparison in English is on the brokers page.

About the company

A description of this company is not yet available in English. The Japanese page has one.

Read about this company in Japanese →

Figures are taken from the offering documents and public sources, and are checked against two independent sources before publication. Nothing here is investment advice. Shares can and do open below their offer price.