A new company was listed on Tehran Stock Exchange (TSE): Abyek Cement Co. made stock market debut on Wednesday, 18 May 2022.
The Initial Public Offering (IPO) of 355 million shares, equivalent to 12% of the stocks of Abyek Cement Company, with a notable participation of 1,958,588 trading codes was conducted at Tehran Stock Exchange on Wednesday, 18 May 2022.
Abyek Cement Company (established in 1969) with a daily production capacity of more than 13,000 tons of cement is currently one of the largest cement factories in Iran. It was listed under the ticker of “ABIK” and the sector of “Cement, Lime and Plaster” on Tehran Stock Exchange. A hundred and ninety-five shares, at the price of 12,250 IR Rials per share were assigned to each participant in the IPO.
The IPO ceremony celebrating the 382nd company listed on TSE was broadcasted online via the official channel of TSE on https://www.aparat.com/tse_co_ir.
Website Link >>> https://tse.ir/en/news/newsPages/news_N70182.html
