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Code: 52257 Visited: 74 Publish Date: Oct 10 2018 - 12:36
https://goo.gl/nAKeFr
IFB
IPO Growth in Fara Bourse
Tehran, Oct. 10 (SENA) - The number of initial public offerings in Fara Bourse during the first six months has increased by 66 percent in comparison to the same period last Iranian year (started March 20), according to Admission director of Iran Fara Bourse, Sara Akhlahghi. IFB listed four companies on its first market and one company on its second market.

Tehran, Oct. 10 (SENA) - The number of initial public offerings in Fara Bourse during the first six months has increased by 66 percent in comparison to the same period last Iranian year (started March 20), according to Admission director of Iran Fara Bourse, Sara Akhlahghi. IFB listed four companies on its first market and one company on its second market.

During this period, 32 companies had submitted their request to be listed on IFB, out of which 16 had the initial eligibility. Based on the decision of the admission committee, eight companies were approved. Regarding the SME market, Akhlaghi mentioned that six companies were approved and 13 others are being processed. Moreover, eight companies made their way to be registered in the base market of IFB.

The new arrivals are from industries including automated parking systems, catering, aquafarming, aviculture, fueling, and industrial parks.

 

 

 
By: Security and Exchange News Agency (SENA)
 
 
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