Is there an IPO on December 25, 2024? When is the Armada Gıda (ARMGD) IPO date? What is the share price? How many lots will it distribute?

The Capital Markets Board (SPK) has approved the IPO application of Armada Gıda Ticaret Sanayi A.Ş. The company's subscription dates have been determined. According to the announcement, the IPO process will be managed by a consortium led by Global Menkul Değerler A.Ş. The IPO size was announced as 2.19 billion TL, and the company's free float rate was set at 24.1 percent. So, how many lots will the Armada Gıda IPO distribute? Here are the details regarding the IPO of Armada Gıda, which will be traded under the ticker ARMGD…

WHEN IS THE ARMADA GIDA IPO?

The Capital Markets Board (SPK) has approved the Armada Gıda Ticaret Sanayi A.Ş. IPO. The subscription dates for Armada Gıda have also been announced.

The Armada Gıda IPO will take place between December 25-26-27, 2024, and the company will collect demands between 09:00 - 17:00.

WHAT IS THE ARMADA GIDA SHARE PRICE?

The Armada Gıda IPO price was announced as 40 TL. The company's total IPO size will be 2.19 billion TL, and the company's free float rate is expected to be 24.1 percent after the IPO.

WHAT IS THE ARMADA GIDA TICKER SYMBOL?

The company's BIST stock symbol has been determined as “ARMGD”.

HOW MANY LOTS WILL ARMADA GIDA DISTRIBUTE?

The Armada Gıda IPO will distribute a total of 45 million 830 thousand lots. The potential lot distribution is as follows;

300 Thousand participants - 92 Lots (3680 TL)

700 Thousand participants - 40 Lots (1600 TL)

1.1 Million participants - 25 Lots (1000 TL)

1.5 Million participants - 19 Lots (760 TL)

1.9 Million participants - 15 Lots (600 TL)

2.3 Million participants - 12 Lots (480 TL)

2.7 Million participants - 11 Lots (440 TL)

3.1 Million participants - 9 Lots (360 TL)