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Seranit Granit Seramik continues to collect demand! What is the SERNT share price?

Seranit Granit Seramik began its demand collection process as of January 27. While 35 percent of the company is being offered to the public, a total of 150 million 50 thousand lots are planned to be distributed. The company, which will start trading on the stock exchange under the ticker 'SERNT', has allocated a portion worth 1.8 billion TL for investors. Here are the details regarding the Seranit Granit Seramik initial public offering...

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Seranit Granit Seramik continues to collect demand! What is the SERNT share price?

Seranit Granit Seramik continues its demand collection process. Preparing to start trading on the stock exchange under the ticker 'SERNT', the company will distribute 150 million 50 thousand lots through an initial public offering (IPO) worth 1.8 billion TL. The firm plans to use a large portion of the funds it will raise to pay off its financial debts. Here are the details regarding the Seranit Granit Seramik initial public offering...

SERNT CONTINUES TO COLLECT DEMAND

The company will continue to collect demand between January 27-28-29, from 09.00 to 17.00 each day.

WHAT IS THE SERANIT GRANIT SERAMIK SHARE PRICE?

As part of the Seranit Granit Seramik IPO, the share price has been set at 12 TL. Investors will be able to invest in the shares of the firm, which will trade on the stock exchange under the ticker 'SERNT', at this price.

HOW MANY LOTS WILL SERANIT GRANIT SERAMIK DISTRIBUTE?

The company will distribute a total of 150 million 50 thousand lots to investors. The potential lot distribution will be 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)

HOW WILL THE SERNT IPO FUNDS BE USED?

The proceeds from the IPO will be distributed as follows:

65 percent: Payment of financial debts

15 percent: Machinery and equipment investments

10 percent: Construction investments

5 percent: Strengthening the sales and marketing network

5 percent: Investment in the bathroom and kitchen factory


News Source: 12punto

Seranit Granit Seramik San. ve Tic. A.Ş IPO Stock