A pharmaceutical holding was listed at Tehran Stock Exchange on 7 March 2018 via book building mechanism.
117 million equity shares (10% of total) of Shafa Darou pharmaceutical investment company were floated, after each share’s price discovered at IRR 4,150.
The company’s IPO raised the number of initial offerings at the Exchange to 7 in the current Iranian year.
There are 326 listed companies at TSE currently.