Aydem Energy's IPO Reached 1.3 Billion TL

It was recorded that Aydem Energy made a profit of approximately 1.3 billion TL from the public offering.

Aydem Energy’s IPO reached 1.3 billion TL. It was reported that 130 million nominal value shares were sold during the book building process carried out by the company between 19-22 April. Thus, the size of the public offering of Aydem Energy was recorded as approximately 1.3 billion TL. 1.3 billion TL revenue Aydem Energy earned from the public offering was the biggest public offering of the last period. The company published the results of the book building process on the Public Disclosure Platform (KAP) on April 19-22. According to the results obtained in the said process, shares with a nominal value of 130 million TL in total were sold, of which 110 million TL was offered for sale through joint sales and capital investment, and 20 million TL was offered for additional sale, thanks to the public offering. In the public offering of the company shares, the share price with a nominal value of 1 TL was recorded as 9.90 TL. Thus, the size of the public offering was 1.3 billion TL. 79.9 percent of the shares sold went to domestic individual investors, 18.3 percent to domestic corporate investors and 1.8 percent to foreign corporate investors. According to the results, there was a demand from domestic individual investors approximately 10 times the planned allocation. It was stated that there was no individual or legal person who took a share of more than 5 percent in the public offering of the company.