Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

IPOs At Tehran Stock Exchange Mount Up To 7

Date 10/03/2018

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.