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Terra Drone

TSE Growth ・ Ticker 278A Listed

Result on listing day

-8.0%

Offer price

2,350 yen

First traded price

2,162 yen

Selling 100 shares at the first traded price would have produced a loss of 18,800 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.

Application period (book building)
2024-11-14 — 2024-11-20
Lottery result
To be announced
Listing date
2024-11-29
Cash needed to apply for one lot (100 shares)
about 235,000 yen
Offering size (at the offer price)
3.8 billion yen ・ 1,605,200 shares
Market capitalisation at listing
22 billion yen
Lock-up
Not translated — this is the wording from the Japanese offering documents, kept verbatim so it matches what your broker shows: 親会社のテラ株式会社、德重徹代表取締役、Saudi Aramcoなどの主要株主に180日間のロックアップが付されています(一部の株主には公開価格の1.5倍以上での解除条項があります)。

Brokers you can apply through

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

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.