A leading carpet manufacturing company was listed on Tehran Securities Exchange (TSE): Hadiyeh Alborz Mashhad Textile Company (HDYE1) made its stock market debut on Monday, 27 January 2025.
The Initial Public Offering (IPO) of 180 million shares, equivalent to 9% of the stocks of HDYE1 (AKA Mohtasham Carpet) was held at Tehran Securities Exchange on Monday, 27th January 2025.
The Company was listed as the 618th issuer, under the ticker of “HDYE1” in the sector of “Textiles”. TSE’s market department announced that the shares were assigned to participants of the IPO at the price of IRR 13,500 per share through a price discovery method.
It is worth mentioning that 1,512,460 trading codes participated in the IPO, and 1,500,056 trading codes were allocated with a maximum of 124 shares each.
HDYE1’s headquarter is located in the city of Kashan, which is the carpet manufacturing hub in Iran.
The news link on our websiteè https://old.tse.ir/en/news/newsPages/news_N75911.html
