Tepsi will be released today
According to Tejarat News, with the beginning of 1401, seven initial public offerings were made in the capital market. Tepsi’s shares are scheduled to be listed as the eighth company in the stock market today, Tuesday.
The total number of shares of the company is one billion and 170 million and 528 thousand and 800 and each code can buy a maximum of one million and 400 thousand shares.
It is noteworthy that Tepsi secondary trades on the board can be done only by professional investors subject to the note of a repeated Article 8 of the instructions for underwriting and initial public offering of securities on the Tehran Stock Exchange.
It should be noted that more than 50% of Tepsi’s assets are intangible assets. According to the guidelines for start-ups and initial public offerings of startups, only eligible investors, ie mutual funds, can purchase Tepsi shares on the day of the initial public offering.
Therefore, real people who have a stock exchange code can not participate in the initial public offering on Tuesday. Also, 50% of the shares purchased on the day of the initial public offering by eligible investors will not be offered until 90 days after this date.
The shares of this company were accepted in the secondary OTC market of Iran on January 20, 2017 by the Securities Admission Board.
According to the valuation of Kardan’s capital supply, the value of Tepsi is about 1700 billion Tomans. Although the CEO of Tepsi in the press conference of the initial public offering of this company had announced the new value of Tepsi about 2400 billion Tomans.
Increase Tepsi revenue
Milad Monshipour, CEO of Tepsi, said at the recent meeting of the complex: “The capacity of five to six million trips in the country is still empty, which can be used and specifically Internet taxis can absorb it, so the size of the market is still large.” There is a need for investment to achieve this. The decline and disappearance of the corona pandemic is affecting our income. Last summer, we had a revenue of 58 billion tomans, which reached 91 billion tomans in the winter, and is expected to reach 98 billion tomans by the end of June.
He continued: “In the past month, we have entered five new cities and provided services, and in the next three months, we will enter 13 other cities.” Last year, we had 266 billion tomans of operating income, and our forecast for next year’s operating income is 680 billion tomans of commission income. Of course, 70% of revenue comes from operating growth and 30% from rising prices.
The CEO of this internet taxi said: Tepsi is going to become a suprap and two new services, Tepsi Pack and Tepsi Line, will be added to our services.