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South Korean cosmetics firm Goodai Global applies for IPO

Reported by DealStreetAsia
Nov 13, 2026· 2 min read
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Key Takeaways
  • • Goodai Global, the South Korean cosmetics company behind the Beauty of Joseon and SKIN1004 brands, submitted a preliminary application on November 13, 2026 to list on the main KOSPI market of the Korea Exchange, according to Reuters.
  • • The company reported 2025 operating profit of 139.6 billion won ($104.7 million) and net profit of 92.3 billion won on revenue of 456.5 billion won, based on non-consolidated figures.
  • • Founder and co-chief executive Cheun Ju-hyuk and six other shareholders held 80.54% of the company as of the filing date.
  • • Mirae Asset Securities is lead underwriter for the planned listing, with NH Investment & Securities serving as co-underwriter.
Summary
Goodai Global, a South Korean cosmetics company founded in December 2016, has applied to list on the KOSPI market of the Korea Exchange (KRX), Reuters reported on Friday. The company submitted its preliminary listing application on November 13, 2026. The firm is the developer of the Beauty of Joseon and SKIN1004 brands.

According to the exchange, founder and co-chief executive Cheun Ju-hyuk and six other shareholders owned 80.54% of the company as of the filing date, indicating a highly concentrated ownership structure ahead of any public offering.

Financial results for 2025, based on non-consolidated figures, show operating profit of 139.6 billion won ($104.7 million) and net profit of 92.3 billion won. Revenue for the year was 456.5 billion won, and total assets stood at 1.39 trillion won.

Mirae Asset Securities is the lead underwriter for the planned listing, and NH Investment & Securities is the co-underwriter. The preliminary filing marks the initial step in the listing process; the offering size and timing were not disclosed in the source material.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

DealStreetAsia South Korean cosmetics firm Goodai Global applies for IPO