NRB Inc. (Ticker: 475230 KS) is a South Korean company specializing in the modular construction industry. NRB plans to list on the KOSDAQ on July 28, 2025, offering 2.1 million shares priced at KRW 21,000 each. The company expects to raise KRW 44.1 billion (USD 32.08 million). This offering gives NRB Inc. an initial market capitalization of approximately USD 159.4 million. The company focuses on Off-Site Construction (OSC), where building units are manufactured in a factory and assembled on-site to increase efficiency. Proceeds from the IPO will reportedly be used to expand manufacturing capacity and for general corporate purposes. The offering is managed by NH Investment & Securities Co Ltd.