Korean social casino games maker DoubleU Games Co. aims to expand its business by drawing more funds from the local stock market.

DoubleU Games has unveiled a plan for an initial public offering (IPO) on the tech-heavy KOSDAQ in November. The company looks to raise around 250 billion won ($209.8m), the largest amount of initial funds raised for a KOSDAQ-listed company.

The company announced its plan to list their shares on the KOSDAQ in April due to Korean bourse’s relatively cheap operating expenses and better valuation.

Kim Ga-ram, chief executive officer of DoubleU, said that the funds will be used to beef up marketing and to diversify its target markets to Southeast Asia, Latin America and Russia.