Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

E-payment Company Listed On Tehran Stock Exchange

Date 19/07/2017

Five percent of the equities in a subsidiary of the listed Bank Mellat were floated at Tehran Stock Exchange.

More than 47 million equity shares of Behpardakht Mellat, electronic payment solutions provider, were offered for the first time on Tuesday 18 July 2017 in Tehran Stock Exchange. Each share was traded at IRR 17,500. The IPO was accomplished via book building method.

The newly listed company’s website claims its first rank at POS segment with the highest transaction numbers in Iran, and 23rd out of 150 global e-payment service providers.