Info Investment “IPO size of Alves Kablo was 778 million TL”

Alves Kablo

Info Investment announced the results of Alves Kablo’s public offering held on February 22-23.

According to the statement made by Info Investment to the Public Disclosure Platform, 40 million shares with a nominal value of 40 million TL, which were increased due to the increase of Alves Kablo’s capital from 120 million TL to 160 million TL, were offered to the public.

In the current public offering of Alves Kablo shares, the public offering price of shares with a nominal value of 1.00 TL was announced as 19.45 TL, while the public offering size was realized as 778 million TL with the determined public offering price.

According to the statement, domestic individual investors showed a total unfiltered demand of 5.3 times, approximately 2.2 times the allocation amount, and domestic institutional investors showed a total unfiltered demand of approximately 17.5 times the allocation amount.

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