Fakour Initial Public Offering Today | What Are the Key Details?

Fakour Engineering Industries of Tehran will begin trading on the stock exchange today, Tuesday, October 13, under the symbol Fakour.

economic group; Today, Tuesday, 21st of October 1405, the second market of the foreign exchange will be the host of Fekorsanat Engineering Company of Tehran with the symbol of Fekor.

The order price range of this symbol, which will be traded in the technical and engineering services group, is not yet known, but the quota of each trading code is 4,200 shares.

The exact time of offering, the price of each share, the percentage of shares that will be offered to the market and the method of offering have not yet come in the published information. For more information, shareholders should follow up on information systems and market watchers.

In the first stage of this offering, 700 million shares equivalent to 1% of the company's total shares will be offered to qualified investors in a mixed manner. In the second stage, at least 2 billion and 100 million shares, equivalent to 3% of the company's total shares, will be offered to other investors at a fixed price.

It should be noted that; The valuation price of each share is 3544 Rials and the maximum number of shares that can be purchased by each trading code in the first stage is 8,750,000 shares.