Mega Metal IPO Begins: Bookbuilding Dates, Share Price and Lot Distribution
Mega Metal San. and Tic. A.Ş. is among the companies that will be offered to the public. The book building dates of the company, whose public offering has been approved by the Capital Markets Board (CMB), have been announced. Investors for the Mega Metal public offering will be able to submit their requests on December 7-8. Mega Metal public offering price, lot distribution and other details were a matter of curiosity. Here is all the information about the Mega Metal public offering…
What is the Mega Metal Public Offering Price?
Mega Metal San. and Tic. A.Ş. is a company operating in the metal sector. The company trades metals such as iron, steel, aluminum, copper, lead, zinc, nickel, tin, silver and gold. The company offers for sale all 62.500.000 shares to be offered to the public. The public offering price of the company, whose public offering size is 1.775.825.000 TL, has been determined as 28,30 TL.
How Many Lots Will Mega Metal Give?
Equal distribution method will be applied to individual investors in the Mega Metal public offering. Accordingly, individual investors will have a fixed number of lots, which will be determined by the number of participations, regardless of the number of lots they request. The company will not implement price stabilization measures.
The number of lots to be given to individual investors in the Mega Metal public offering will vary depending on the number of participation. The table below shows the lot distribution according to possible participation numbers.
| Number of Participations | Number of Lots | Amount (TL) |
|---|---|---|
| 2.000.000 | 24 | 680 |
| 2.500.000 | 20 | 566 |
| 3.000.000 | 16 | 453 |
| 3.200.000 | 15 | 425 |
| 3.500.000 | 14 | 396 |
| 4.000.000 | 12 | 340 |
What are the Mega Metal Book Collection Dates? Zamat?
Book building for the Mega Metal IPO will begin on Tuesday, December 7th and will end on Wednesday, December 8th. During the book collection period, investors will be able to submit their requests through intermediary institutions, banks or electronic platforms. Request collection processes will continue until 17:30.
Mega Metal public offering is not a public offering in accordance with the participation index. Therefore, investors are required to deposit money into accounts opened specifically for the IPO. The money of investors who did not receive shares as a result of the public offering will be returned to their accounts on Friday, December 10.
You have learned all the details about Mega Metal IPO. Now you can become a shareholder of the company by participating in Mega Metal's public offering. Mega Metal public offering will start trading on Borsa Istanbul on Thursday, December 9.