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The initial offering of Shahr Financial Group in Tehran Stock Exchange


The details of Shahr Financial Group’s initial offering have been published, which will be presented tomorrow, June 21, in the Tehran Stock Exchange.

According to Habrangar Bors Times, Considering the allocation of a maximum of eight thousand shares to each code and with a price limit of 184 Tomans, The maximum liquidity required to purchase this initial offering is 1,472,000 Tomans.

On Sunday, 21/03/1402, 3,960,000,000 shares equal to 12% of the shares of Shahr Financial Group Company as the 640th company accepted in the “Investments” section and the “Other Financial Intermediation” group and category with The industry code is “5699” and it will be offered in the list of rates of the second market of the Tehran Stock Exchange under the symbol “City” in order to find out the price.

Also, order entry is possible only with transaction code and in the time period and price range set for order registration, and group order entry is not allowed. All online customers can place orders according to the conditions mentioned.

Based on this, the base price is 167.3 Tomans and the ceiling and floor prices are 184 Tomans and 150.6 Tomans, respectively. The maximum quota of each real and legal code will be 8000 shares.

Correspondent: Fatemeh Dadashi

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