Have the Akfen İnşaat (AKFIS) IPO results been announced? How many lots did AKFIS allocate? When will it start trading on the stock exchange?

Akfen İnşaat (AKFIS) saw its IPO size reach 3.7 billion TL. The free-float rate was announced as 15%. A total of 95 million 487 thousand 612 lots were distributed. Akfen İnşaat, which received SPK approval, collected demands last week between January 15-16-17. So, how many lots did the Akfen IPO allocate, and when will it start trading on the stock exchange?

HAVE THE AKFEN İNŞAAT (AKFIS) IPO RESULTS BEEN ANNOUNCED?

The Akfen İnşaat (AKFIS) IPO process has concluded. Akfen İnşaat Turizm ve Ticaret AŞ, which was approved by the Capital Markets Board (SPK), collected demands for 3 days. The IPO results for Akfen İnşaat have been announced.

WHAT IS THE SIZE OF THE AKFIS IPO?

While the capital of AKFIS was increased from 569,742,750 TL to 636,584,078 TL, a total of 95,487,612 TL nominal value shares were offered to the public, consisting of 66,841,328 TL nominal value shares created during the increase and 28,646,284 TL nominal value (B) group shares belonging to the existing partner Akfen Holding A.Ş. Shares with a nominal value of 1 TL were offered for sale at a fixed price of 38.70 TL.

HOW MANY LOTS DID THE AKFEN IPO ALLOCATE?

A total of 95 million 487 thousand 612 lots were distributed in the Akfen İnşaat IPO. The total number of investors participating in the IPO was 261 thousand 072 people. Participants were allocated an average of 85 lots (3289 TL).

WHEN WILL AKFEN İNŞAAT START TRADING ON THE STOCK EXCHANGE?

The stock exchange trading date for Akfen İnşaat has not yet been determined. It is estimated that the company will begin trading this week under the ticker symbol AKFIS.

WHO OWNS AKFEN İNŞAAT?

Akfen İnşaat is a company operating under Akfen Holding and provides services in various fields in the construction sector, such as infrastructure projects, real estate development, hotel construction, and industrial facilities. Akfen Holding is a group of companies with investments in different sectors including energy, water management, transportation, real estate, and construction.

The founder and Chairman of the Board of Directors of Akfen Holding is Hamdi Akın. Born in Ankara in 1954, Hamdi Akın began his career by founding Akfen Holding in 1976. The company has carried out projects in the fields of energy and transportation through its infrastructure investments and operations. In addition to his activities in the business world, Hamdi Akın has taken part in various social and economic platforms and has conducted studies on public-private sector collaborations.

News Source: 12punto