New Holding Company Went Public At Tehran Stock Exchange

A new company was listed on Tehran Stock Exchange (TSE): Ghadir International Industries and Mines Development Co. made stock market debut on Tuesday, 14 March 2023.

Reported by TSE’s PR and Int’l Dept., the Initial Public Offering (IPO) of 1 billion and 295 million shares, equivalent to 7% of the stocks of Ghadir International Industries and Mines Development Company, with a notable participation of 1,533,497 trading codes was conducted at Tehran Stock Exchange on Tuesday, 14 March 2023.

Ghadir International Industries and Mines Development Company (established in 2011) is one of the subsidiary holdings of “Ghadir Investment Company” specialized in the field of mining and industry. Today, it was listed as the 597^th company, under the sector of “Diversified industrials (Holdings)” on TSE. It was announced that nine hundred and forty shares, at the price of IR Rials 15,500 per share, were assigned to each participant in the IPO.

Website Link >>> https://tse.ir/en/news/newsPages/news_N71946.html