Net Global Industrial Investments Started Trading on Borsa Istanbul
With the IPO led by Tacirler Yatırım, the company started trading on the Borsa Istanbul Star Market, and its total size exceeded 2.2 billion liras.
Net Global Endüstriyel Yatırımlar AŞ started trading on the Borsa Istanbul Star Market with the ticker symbol NETGL at a gong ceremony held. The total size of the IPO, completed under the leadership of Tacirler Yatırım, amounted to 2 billion 233 million liras.
Gong Ceremony and Participants
Net Global Endüstriyel Yatırımlar AŞ took its step onto the stock exchange with a gong ceremony held at Borsa Istanbul.
The ceremony was attended by Borsa Istanbul AŞ Deputy General Manager Atila Türeli, Net Global executives, and representatives of brokerage institutions.
IPO Details and Size
The company's initial public offering was carried out under the leadership of Tacirler Yatırım Menkul Değerler AŞ.
As a result of the book-building processes, the total IPO size reached 2 billion 233 million liras.
Demand and Investor Distribution
In the IPO, 2.84 times the total size in demand was received, and shares were distributed to more than 650 thousand investors.
Forty percent of the shares were allocated to domestic individual investors, 35 percent to domestic institutional investors, and 25 percent to foreign institutional investors.
The Journey from Sivas to the Stock Exchange
Vice Chairman of the Board of Directors Sami Aydın stated that the company is the first enterprise from Sivas to go public.
Sami Aydın expressed his hope that this step will serve as an example for other manufacturing companies in Anatolia.