Imaş Makina, the brand of Alliance Holding that has been operating in the machinery sector for 33 years, started trading with the IMASM code on the BIST Main Market in Borsa Istanbul.
IMAŞMAKINA, which exports to more than 100 countries on five continents, started trading its shares with the IMASM code on Borsa Istanbul Main Market after the IPO process completed on April 22. Intense demand from domestic and foreign investors came to the IPO of Imas Makina, which was held on April 20-21-22, 2022 through A1 Capital Investment Securities with the “method of collecting demand at a fixed price and through the best efforts”.
"The total size of the IPO is 210 million TL”
After the sale of shares with a nominal value of TL 14 million through the capital increase and joint sale of Imas Makina, the company's public clearance rate was 37.84%, while the total size of the IPO was realized as TL 210 million.During the IPO, 33,608,547 TL nominal value shares were requested from a total of 129,193 investors, which is equivalent to 2.40 times the shares with a nominal value of TL 14,000,000 that were offered to the public. 30 per cent of the shares were distributed to domestic individual investors, 61.63 per cent to domestic institutional investors and 8.37 per cent to overseas institutional investors.
"Imas will continue to grow in both domestic and foreign Sundays with investments”
Tayfun Bora Kumru, Chairman of the Board of Directors of Imas Makina, who mentioned that the capital structure of Imas Makina will be further strengthened and its production capacity will be increased with the IPO proceeds, said Dec. As Imas, we are a company that closely follows technology, makes significant investments and continuous R&D studies to keep its quality up to date at all times. We will further strengthen our equity resources and financial structure with the proceeds we will receive from the IPO. We aim to increase our share in both domestic and foreign Sundays by increasing our competitiveness through capacity increase, advance raw material supply and technology renewals. We will continue to work with all our strength from now on in order to respond to the interest shown by our investors who have invested in our company and are our stakeholders." said.