ARF Bio received 4 times more demand in its IPO, exciting investors.

ARF Bio's Public Offering Process Successfully Completed

One of Turkey's leading companies in the field of green transformation, ARF Bio, garnered significant interest during its public offering process conducted on December 25-26 at a fixed price of 19.50 TL per share. In a statement made via the Public Disclosure Platform (KAP), it was noted that the public offering, which involved the sale of shares with a nominal value of 47 million TL, had a total size of 916.5 million TL. During this process, individual investors showed 3.62 times demand, while institutional investors showed 3.99 times demand.

Investor Count and Distribution

A total of 508,401 investors were allocated 47,000,000 shares in the public offering. Each individual investor received an average of 47 shares. The public float rate of ARF Bio was recorded at %25.71. The company’s shares will start trading on Borsa Istanbul under the code ARFYE on January 5, 2026.

Environmental Sensitivity and Investor Confidence

Commenting on the public offering results, ARF Bio Deputy Chairman Melih Arslan stated that the confidence shown by investors is the greatest support for the cyclical model developed by the company. Expressing gratitude to the capital markets management and new investors, Arslan stated, “We designed ARF Bio as not only a structure that produces energy but also an integration chain that creates added value by cleaning the environment.”

Production Base and Energy Needs

The biogas and fertilizer facilities established in Ödemiş, Izmir, were realized with an investment of 60 million dollars in 2019. This facility has a total installed power of 4.8 MW and produces an average of 36 million kWh of electricity annually, meeting the energy needs of approximately 10,000 households. The organic fertilizer, with a capacity of 100 thousand tons, produced from agricultural waste and fermentation processes supports a zero-waste approach.

New Investments and Escape from Imports

The microalgae investment to be made with the resources obtained from the public offering aims to make ARF Bio a global player in the chemical field. Microalgae contribute to reducing Turkey's dependence on imports by capturing carbon dioxide produced during biogas production and providing high-value raw materials.

Circular Model and Greenhouse Investment

ARF Bio also plans to develop its circular model by investing in a modern greenhouse of 50 thousand square meters. This system, which utilizes waste heat and organic fertilizer generated from energy production, aims to reduce environmental pollution and promote sustainable energy production.