On Sunday 5 February 2017, 340 million shares equal to 10 percent of Barekat Pharmaceutical Company’s shares, each averaged out at IRR 2401, were offered at Tehran Stock Exchange. The above-mentioned IPO added IRR 8160 billion to TSE’s market capitalization.
Having 326 listed companies under 38 industries, TSE’s market capitalization reached IRR 3225 trillion.
It needs to be cited that Barekat was the first company which was offered using book building mechanism.
