FEAS - Federation of Euro-Asian Stock Exchanges
FEAS - Federation of Euro-Asian Stock Exchanges
03/10/2025 | News release | Distributed by Public on 03/10/2025 08:25
Financial Group Floats Equity on TSE
Financial Group Floats Equity on TSE
Monday, 10 March 2025Tehran Securities Exchange Posted
A new company was listed on Tehran Securities Exchange (TSE): Kian Financial Group.
The Initial Public Offering (IPO) of 325 million shares, equivalent to 9.09% of the total shares of Kian Financial Group (3,575 million) was conducted at Tehran Securities Exchange on Monday, 10 th February 2025.
Kian Financial Group was listed as the 595 th company, under the ticker of "KYAN1" in the sector of "Investment Companies" in the Main Board of the Second Market. The newly listed issuer was priced at IRR 4,846 per share
and the equities' underwriting was carried out through deprivation of the preemptive rights.
It is worth mentioning that 425,043 trading codes were allocated a maximum of 876 shares each.
The news link on our website- https://old.tse.ir/en/news/newsPages/news_N76192.html