Details of the initial public offering of Fazr / OTC / How much liquidity is needed?

According to Tejarat News, the last initial release of this year was related to the symbol of Shekam, which was held on 30 September. This was an initial public offering for the funds and we have not seen any initial public offering since then due to market conditions.

Now again, the initial public offering is to be done on the OTC market for realities.

300 million shares of Pouya Zarkan Aq Dareh Company, equivalent to 10% of the shares of this company, will be offered on the OTC market of Iran next Wednesday, the 20th of Bahman, with the symbol of Fazr trading.

This amount of shares is offered in the price range of 17 thousand 726 to 21 thousand 666 Rials per share and with a quota of 250 shares for each real and legal code.

Taking into account the share of each code, the maximum is 350 shares, so the maximum required liquidity is approximately 542 thousand Tomans. Considering the participation of 2.5 million people in the previous initial public offering, each person will probably receive 120 shares of the initial public offering, which requires a liquidity of about 260,000 Tomans.

Also, the purchasers of this initial public offering are Kavandgan Qeshm Company, Kooshesh Azin Qeshm Company, Glominko Qeshm Investment Company, Taban Kish Company, Farandishan Nik Farjam Qeshm Company and Kavan Kish Company. And Padash’s exclusive marketing fund are backed by Pars.