A constructing company was listed on Tehran Securities Exchange (TSE): “Sepehr Tehran Construction Development Co.” made stock market debut on Monday, 9 February 2026.
Sepehr Tehran Construction Development Company, a prominent player in the real estate and construction industry, made its Initial Public Offering on TSE’s main board of the second market.
The company was listed as the 625th issuer, under the ticker of “SPHR” offered 7% of its total shares at this session, equivalent to 1,050,000,000 shares, to the public at an offering price of IRR 3,333 per share.
It is worth mentioning that 1,294,386 trading codes participated in the IPO, and 1,286,790 trading codes were allocated a maximum of 866 shares each.
Sepehr Tehran Construction Development Company was established in 2010 as the specialized real estate arm of Bank Saderat Iran, with the mission of creating value for shareholders through an optimized portfolio of services and projects.
Focusing on investment, development, and asset management in the Real Estate and Construction sector, the company pursues a professional and systematic approach grounded in corporate governance principles. Through this framework, Sepehr Tehran Construction Development Company strives to generate sustainable value while playing an active role in optimizing asset productivity and delivering long-term benefits to all stakeholders.
