Formül Plastic IPO: Critical Information for Investors

What You Need to Know About Formül Plastik's Initial Public Offering

The initial public offering (IPO) of Formül Plastik has drawn investors' attention as it has been approved by the Capital Markets Board (CMB). The IPO scheduled for this year aims to offer new opportunities to investors.

When Will Formül Plastik Go Public?

The exact date for the IPO will be confirmed after the approved prospectus is published. Investors should continue to monitor this important development.

Size and Price of Formül Plastik's IPO

The size of Formül Plastik's IPO has been set at 1.2 billion TL. The IPO price is defined as 30.24 TL. This price serves as an important indicator for investors.

Public Float Ratio and Distribution Method

The company's public float ratio has been determined as 25%, and a total of 40 million shares will be distributed. According to the preliminary prospectus for the IPO, an equal distribution is planned for individual investors.

Financial Strength of Formül Plastik

Formül Plastik's net profit in recent years was recorded as 163.15 million TL in 2023. In previous years, this figure was 164.77 million TL in 2022 and 255.33 million TL in 2021. The company's financial situation offers a noteworthy parameter for investors.

Use of IPO Proceeds

The company plans to use the revenue generated from the IPO in various areas. However, more details about these uses will be disclosed when the prospectus is published.

In Conclusion

Formül Plastik's IPO presents a new opportunity that investors can add to their portfolios. As the details of the IPO become clearer, investment recommendations and processes will be explicitly outlined.