Today, 20% of Tuka Paint Foolad Sepahan Company, equal to 14,000,000 shares, with the ticker TPSZ1, was initially offered to investors in Iran Fara Bourse at $0.04. Each brokerage house along with all branches was allocated 75,000 shares. Being established in 2006, holding $1.89 mn in capital and owning 38% of domestic market, the company’s products are mainly consumed in Steel, Construction and Automotive sectors. Managing to cover 75% of its estimations over the 9-month period, it has also predicted to make $0.01 EPS for the FY ending 20 March 2016. Besides, the company witnessed a decline in its profit margin in the previous year while a 14% increase is estimated in the current year.