Armada Gıda's IPO Size Reaches 2.2 Billion TL

The public offering of Armada Gıda Ticaret Sanayi AŞ shares took place from December 25 to December 27, 2024. According to a statement made to the Public Disclosure Platform by Global Menkul Değerler (IS:GLBMD), the unit price for the offering was set at 40.00 TL. The sale of all shares with a nominal value of 45,830,000 TL that were offered in the public offering, as well as an additional sale of shares with a nominal value of 9,166,000 TL, was successfully completed. The total size of the public offering amounted to 2,199,840,000 TL.

The statement provided the following information: "In the public offering, there was a demand for nominal shares equivalent to 69,724,006 TL, which corresponds to 1.27 times the nominal shares offered, including the additional sale of 54,996,000 TL. There was a demand of 1.18 times for the shares allocated to domestic individual investors, including the additional sale, and a demand of 1.42 times for the shares allocated to domestic institutional investors. For the shares with a nominal value of 549,960 TL allocated to company employees, there was a demand of 253,989 TL in nominal terms, and the unmet portion has been included in the allocation group for domestic institutional investors."

Demand and distribution information based on the investor group at the offering price is provided in the table below.