EN Leasing Floats Equity On Tehran Securities Exchange

A new company was listed on Tehran Securities Exchange (TSE): Eghtesad Novin Leasing Company.

The Initial Public Offering (IPO) of 490 million shares, equivalent to 7% of the stocks of Eghtesad Novin Leasing Company was conducted at Tehran Securities Exchange on Monday, 21^st May 2025.

EN-Leasing Company was listed as the 619^th company, under the ticker of “VALE1” in the sector of “Financial leasing”. The newly listed issuer was priced at IRR 2,429 per share through a price discovery method.

It is worth mentioning that the number of participants in this offering was 1,239,450 and a maximum of 412 shares were allocated to each trading code.

The news link on the TSE website  https://www.tse.ir/en/news/details/95680