Listing fee and annual due is one of the crucial points of consideration in determining the exchange to list shares. In particular, annual due for listing status maintenance (annually charged) may become a burden for a listed company as much as it should be paid annually after listing. Underwriting fee paid to the lead manager, accounting and legal counseling fees are normally determined through individual negotiation. Hence, the specific fee amount may not be easily compared to other listing cases. However, it is worthwhile to note that KRX imposes the initial listing fee and annual due at a competitive level to other exchanges.


The KOSPI and the KOSDAQ markets impose 5 million KRW for the application of listing eligibility review when any foreign applicant files its application. Listing fee will be charged based on the market capitalization calculated by the offering price multiplied by the number of shares to be listed. A table of listing fee is as below.


< Listing Fee for the KOSPI Market >
Market cap. Fee rate
≤ 50 bil. KRW 1 mil. KRW
50 bil. < and ≤ 100 bil. 5 mil. KRW + 75,000 KRW per 1 bil. KRW exceeding 50 bil. KRW
100 bil. < and ≤ 200 bil. 8.75 mil. KRW + 60,000 KRW per 1 bil. KRW exceeding 100 bil. KRW
200 bil. < and ≤ 500 bil. 14.75 mil. KRW + 45,000 KRW per 1 bil. KRW exceeding 200 bil. KRW
500 bil. < and ≤ 2 tril. 28.25 mil. KRW + 35,000 KRW per 1 bil. KRW exceeding 500 bil. KRW
2 tril. < and ≤ 5 tril. 80.75 mil. KRW + 25,000 KRW per 1 bil. KRW exceeding 2 tril. KRW
5 tril. < and ≤ 10 tril. 155.75 mil. KRW + 15,000 KRW per 1 bil. KRW exceeding 5 tril. KRW
10 tril. < 230.75 mil. KRW + 5,000 KRW per 1 bil. KRW exceeding 10 tril. KRW
Ceiling for listing fee is 80 million KRW. Also, listing fee is calculated by rounding up the market cap. to the nearest 1 bil. KRW.
< Listing Fee for the KOSDAQ Market >
Market cap. Fee rate
≤ 50 bil. KRW 1 mil. KRW
50 bil. < and ≤ 70 bil. 5 mil. KRW + 70,000 KRW per 1 bil. KRW exceeding 50 bil. KRW
70 bil. < and ≤ 100 bil. 6.4 mil. KRW + 60,000 KRW per 1 bil. KRW exceeding 70 bil. KRW
100 bil. < and ≤ 200 bil. 8.2 mil. KRW + 50,000 KRW per 1 bil. KRW exceeding 100 bil. KRW
200 bil. < and ≤ 300 bil. 13.2 mil. KRW + 40,000 KRW per 1 bil. KRW exceeding 200 bil. KRW
300 bil. < and ≤ 400 bil. 17.2 mil. KRW + 30,000 KRW per 1 bil. KRW exceeding 300 bil. KRW
400 bil. < and ≤ 500 bil. 20.2 mil. KRW + 20,000 KRW per 1 bil. KRW exceeding 400 bil. KRW
500 bil. < 22.2 mil. KRW + 10,000 KRW per 1 bil. KRW exceeding 500 bil. KRW
Listing fee is calculated by rounding up the market cap. to the nearest 1 bil. KRW.

Listing Fee Calculator

This calculator is devised for enhancing the applicant’s understanding of listing fee by calculating the estimated listing fee in advance. Listing Fee is calculated based on Market Capitalization*. Please insert the number of shares to be listed and the price of a share offered or sold.
If you have more questions, you may contact with[Listing Promotion]directly.

Listing Fee Calculator
Market
Number of Shares to be listed Price of a Share offered(KRW)
Market Capitalization(KRW) Listing Fee(KRW)

Market Capitalization = (the number of shares to be listed) x (the price of a share offered or sold)


Content Manager
  • Listing Qualification Review 02-3774-8715