5 New IPOs on Iran Capital Market; 31 on the queue!
A new wave of public offerings is heading towards Iran Capital Market. “Barekat” pharma holding, “South Kish Kaveh” Steel, “Jay” Oil Refinery, “Minoo” industrial and “Zangan” transformer are inches away from being listed on TSE or IFB trading boards. “The second wave will be on the way soon as well since a dozen more companies are now passing the documents check” said Emaeeil Dargahi, the capital market IPO reception chief. “Homa” hotels group, “Amin” investment bank, “Persia” Oil & Gas, “Pasargad” Powerhouse, “Sina” investment holding, “Atlas” Iranian is on the wait for the green to get listed soon.