A new company was listed on Tehran Securities Exchange (TSE): Mammut Structures & Panel Company made stock market debut on Monday, 12 October 2026.
Mammut Structures & Panel Company officially marked its entry into the public capital market, making its stock market debut on Monday, 11 October 2026.
The company was listed on the Main Board of the Second Market of the Tehran Securities Exchange (TSE), becoming the 640th issuer in the “Fabricated Metal Products except Machinery & Equipment” sector under the ticker symbol “MMUT”. During the IPO session, the company successfully offered 368,500,000 shares, representing 5% of its total capital, at an offering price of IRR 4,070 per share.
Established in 1991, Mammut Group has evolved over three decades into a regional industrial leader, operating from a 2,000,000-square-meter facility. With a diverse portfolio ranging from industrial infrastructure—including sandwich panels and steel structures—to heavy-duty transportation and automotive manufacturing, the group has consistently demonstrated innovation and reliability. To further optimize its operations, Mammut Holding launched Mammut Structures & Panel Company in 2023, leveraging advanced engineering and proprietary technologies to maintain its high-quality production standards. Today, Mammut stands as a major economic player in the Middle East, dedicated to driving industrial advancement through cutting-edge solutions.
The IPO witnessed significant investor enthusiasm, with a total of 1,776,607 trading codes participating in the offering. Following the allocation process, 1,768,924 successful applicants were allotted a maximum of 212 shares each.
This listing represents a pivotal milestone for Mammut, providing the company with access to public capital markets to accelerate its growth and strengthen its operational scale. By transitioning to a public entity, Mammut reaffirms its commitment to transparency, sustainable development, and delivering long-term value to its stakeholders while continuing to shape the future of the regional industry.
