New IPO coming to the stock market: Price has been set
The price per share for the Net Global Endüstriyel Yatırımlar IPO has been set at 25.52 TL; the total size is expected to reach 2.23 billion TL.
The demand collection dates for the IPO process of Net Global Endüstriyel Yatırımlar AŞ have been finalized. Investor demand for company shares will be collected over three business days on September 9, 10, and 11, 2026.
The fixed price per share for the IPO has been set at 25.52 TL. While it is planned to offer a total of 87.5 million Group B bearer shares for sale, the IPO size is projected to reach approximately 2.23 billion TL.
Of the shares to be offered for sale, 62.5 million will be issued through a capital increase, and 25 million will be offered through the sale of shares by existing shareholders. The company's current issued capital of 250 million TL will rise to 312.5 million TL with the 62.5 million TL capital increase to be carried out as part of the IPO.
ALLOCATION PLAN
In the IPO, it is planned to allocate 35 million shares, corresponding to 40 percent of the total shares, to domestic individual investors. An allocation of 35 percent is planned for domestic institutional investors and 25 percent for international institutional investors.
The distribution to domestic individual investors is expected to be carried out using the equal distribution method. Following the IPO, the company's free float rate is targeted to be at the level of approximately 28 percent.
Operating in the fields of plastic pipe production as well as renewable energy and modern agricultural solutions, Net Global Endüstriyel Yatırımlar plans to use a portion of the IPO proceeds for capacity expansion, rooftop solar power plant (GES) installation, and machinery investments.
The company also intends to utilize a portion of the funds obtained to complete its wagon factory, reduce bank loans, and meet working capital requirements.
News Source: 12punto
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