How much cash does the two new IPOs have to offer?

According to Tejarat News, according to the OTC announcement, two initial public offerings are scheduled to be made on the 20th and 21st of this month.

444 million shares, equivalent to 10% of the shares of Gohar Trabar Sirjan Combined Mineral Transportation Company with the symbol of Koghar, will enter the OTC market next Tuesday, May 10, as the second initial public offering of the year.

The price floor of this offer is 545 Tomans per share and the maximum quota is 44 million and 400 thousand shares. It will be offered to eligible investors by auction method in the first OTC market.

Sending the order will be possible only through trading stations (Namak). 50% of the shares purchased on the day of the initial public offering by eligible investors will not be available until 90 days after the initial public offering date.

Initial public offering of Ferrosil on OTC

According to another announcement of OTC Iran Company, 5% of Ferrosil shares, including 40 million shares with a price floor of 1,900 Tomans, maximum quota of 4 million shares to eligible investors by auction in the second OTC market on Wednesday, May 11, ie Wednesday. The future is coming.

Sending the order will be possible only through trading stations (Namak). Also, 50% of the shares purchased on the day of the initial public offering by eligible investors will not be available until 90 days after the initial public offering date.