When is the Birleşim Grup Enerji Yatırımları IPO? What is the share price?

Birleşim Grup Enerji Yatırımları has begun collecting demands as part of its initial public offering (IPO). The company, which has a size of 1.4 billion TL and a free float rate of 20.2 percent, will distribute a total of 115 million 500 thousand lots. Following the completion of the demand collection process, the firm will begin trading on the stock exchange under the ticker 'BIGEN'. Here are the details regarding the Birleşim Grup Enerji Yatırımları IPO...

BIGEN IS COLLECTING DEMANDS

The company will carry out the demand collection process between January 28-29-30, 2025, from 09:00 in the morning until 17:00 in the evening.

WHAT IS THE SHARE PRICE?

With the IPO process of Birleşim Grup Enerji Yatırımları, the share price has also become clear. The company will be offered to its investors at a price of 12.14 TL per share. 

HOW MANY LOTS WILL BIRLEŞIM GRUP ENERJI YATIRIMLARI DISTRIBUTE?

Birleşim Grup will offer a total of 115 million 500 thousand lots. The possible lot distribution is as follows:

150 Thousand participants - 385 Lots (4673 TL)

250 Thousand participants - 231 Lots (2804 TL)

350 Thousand participants - 165 Lots (2003 TL)

500 Thousand participants - 115 Lots (1396 TL)

700 Thousand participants - 82 Lots (995 TL)

1.1 Million participants - 52 Lots (631 TL)

1.6 Million participants - 41 Lots (497 TL)

2.2 Million participants - 28 Lots (339.92 TL)

HOW WILL THE BIRLEŞIM GRUP ENERJI YATIRIMLARI IPO FUND BE USED?

The funds obtained from the IPO will be distributed as follows:

35-45 percent: Strengthening the financial structure of the company and its subsidiaries and reducing financing costs

20-25 percent: Inorganic growth financing

15-25 percent: Increasing electrical energy production capacity

5-15 percent: Renewal investments

5-15 percent: Working capital