Details of Walmas initial offering / hosting the stock market from the fourth offering of this year – Tejaratnews

to report Tejarat News, The capital market has resumed IPOs and welcomes a new company almost every week. Now, after the initial offering of Alis last week, Walmas is going to open its feet to the stock market this time.
Based on this, Iran’s foreign exchange has announced that 600 million shares equivalent to 15% of the shares of Almas Hekmat Iranian Investment Company will be offered as the fourth initial public offering of this year under the symbol “Valmas” on Wednesday this week (June 10).

What is the price of Walmas?

It should be mentioned that this amount of shares will be offered at a valuation price of two thousand and 542 rials. Also, the maximum quota for qualified investors will be 12 million shares, which will be auctioned in the second market of over-the-counter transactions.
It should be mentioned that the advisor of this offering is Armon Bors brokerage and the undertaker of its purchase is Kardan Capital Supply.
According to the announcement of the exchange, it will be possible to send orders only through trading stations (NAMK). Also, 50% of the shares purchased on the day of the initial offering by qualified investors will not be able to be offered until 90 days after the date of the initial offering without the permission of the stock exchange.