Seranit Granit goes public! How many lots will the SERNT IPO offer? Is it compliant with the participation index?
The initial public offering (IPO) of Seranit Granit Seramik San. ve Tic. A.Ş. was approved by the Capital Markets Board (SPK) last week. The company's book-building dates have been set, and the IPO process begins today. In the IPO, which will be conducted under the consortium leadership of Halk Yatırım Menkul Değerler AŞ, shares with a nominal value of 1 TL will be sold at a fixed price of 12.00 TL. So, how many lots will the Seranit Granit IPO offer, is it compliant with the participation index, and which banks will participate? Here are all the details regarding the SERNT IPO process...
12punto
Important details such as the IPO date, share price, and ticker symbol for Seranit Granit Seramik San. ve Tic. A.Ş. have been finalized. The company's IPO size has been set at 1.8 billion TL, and the free float rate after the sale will be 35.01%. The ticker symbol to be used for the IPO transactions has been determined as "SERNT". So, when will the Seranit Granit IPO take place? How many lots will be offered, is it compliant with the participation index, and which banks will participate? Here is all the information regarding the date, share price, and potential lot distribution for the SERNT IPO...
WHEN IS THE SERANIT GRANIT SERAMIK IPO?
The book-building dates for the IPO of Seranit Granit Seramik Sanayi ve Ticaret A.Ş. have been set as January 27, 28, and 29, 2025.
In the IPO, demand will be collected from individual investors over 3 business days using the equal distribution method.
WHAT IS THE SERANIT GRANIT IPO SHARE PRICE?
The IPO will be carried out under the consortium leadership of Halk Yatırım Menkul Değerler AŞ, and shares with a nominal value of 1 TL will be sold at a fixed price of 12.00 TL.
The ticker symbol to be used in the IPO has been determined as "SERNT".
HOW MANY LOTS WILL THE SERANIT GRANIT SERAMIK IPO OFFER?
A total of 150 million 50 thousand TL worth of shares will be offered to the public, consisting of 128.6 million TL in shares created through a capital increase from 300 million TL to 428.6 million TL, and 21.45 million TL in nominal value of (B) group shares belonging to the current partner Avni Çelik.
The potential amount of lots that may fall to individual investors is as follows;
150 Thousand participants - 750 Lots (9000 TL)
250 Thousand participants - 450 Lots (5400 TL)
350 Thousand participants - 320 Lots (3840 TL)
500 Thousand participants - 225 Lots (2700 TL)
700 Thousand participants - 160 Lots (1920 TL)
1.1 Million participants - 102 Lots (1224 TL)
1.6 Million participants - 70 Lots (840 TL)
2.2 Million participants - 51 Lots (612 TL)
IS IT COMPLIANT WITH THE PARTICIPATION INDEX?
Seranit Granit is not compliant with the participation index.