.jpg)
A new hygienic and cosmetics production company was listed on Tehran Stock Exchange (TSE): Arian Chimia Tech (ACT) Industrial Group made stock market debut on Wednesday, 8 September 2021.
Arian Chimia Tech (ACT) Industrial Group is a large and successful Iranian production company that has more than 18 years of experience in the field of pharmaceutical, cosmetic and health (including hair and skin care) products.
Today, the number of 225 million shares, representing 15% of total equity shares of the company, under the ticker ‘KTEK’, were publically offered on Tehran Stock Exchange. After the price discovery carried out through book-building method, the equities were traded at IRR 23,000 per share. The issuer company was listed on TSE’s “second market” and under the industry sector of “chemicals and by-products”.
The IPO ceremony celebrating the 376th company currently listed on TSE’s market was broadcasted online via the official channel of TSE on https://www.aparat.com/tse.ir.
