A new company was listed on Tehran Securities Exchange (TSE): Zanjan Pegah Dairy Company made stock market debut on Wednesday, 16 September 2026.
“Zanjan Pegah Dairy Company”, established in 1978 and commencing operations in 1986, recently made its Initial Public Offering on TSE’s Main Board of the Second Market.
With an authorized capital of approximately IRR 442 billion, the company was listed as the 624th issuer under the ticker “ZNJN” within the “Food Products and Beverages except sugar” sector.
The IPO saw 10% of the company’s total shares, equivalent to 173,191,400 shares, offered to the public at a price of IRR 6,928 per share. A total of 1,600,598 trading codes were allotted a maximum of 110 shares each, out of 1,608,912 total participants in the offering.
As a premier leader in Iran’s dairy industry, Zanjan Pegah currently processes around 100 tons of fresh milk daily, producing a wide portfolio of high-quality pasteurized and sterilized goods, including yogurt and butter. Throughout its history, the company has consistently evolved to meet market demands, backed by prestigious national and international quality certifications. Through technological innovation and a robust distribution network, Zanjan Pegah remains dedicated to excellence in food safety and consumer satisfaction.
Prior to this listing, there were 22 companies in this sector, with a combined market capitalization exceeding IRR 3,350 trillion as of the previous trading session.