Pacific Holding IPO: What Investors Need to Know

Everything About Pasifik Holding's IPO

The IPO of Pasifik Holding has come to the agenda of investors with the approval of the Capital Markets Board (CMB). In this article, we will address the company's areas of activity, IPO dates, size, and other important details.

What is Pasifik Holding?

Founded in 1986 with the establishment of Orçay, Pasifik Holding operates in various strategic sectors such as real estate investments, logistics, technology, energy, and mining. Within the company, there are various initiatives such as Pasifik GYO (PSGYO) for real estate projects, Pasifik Eurasia (PASEU), a railway logistics company, and Pasifik Technology (PATEK) which focuses on unmanned helicopter production. The holding consists of a total of 55 companies, drawing attention with its investments in different sectors.

IPO Details

The IPO price of Pasifik Holding has been set at 1.50 TL, with an expected IPO size of 6 billion TL. The public offering ratio is 20%; a total of 4 billion shares will be distributed. It has been stated that the exact date of the IPO will be clarified after the approved prospectus is published.

Use of IPO Proceeds

Details regarding the areas where the proceeds from the IPO will be used will also be presented to investors. Pasifik Holding aims to effectively utilize these funds in line with its planned projects.

Financial Strength and Goals

As of the third quarter of 2024, Pasifik Holding has recorded a revenue of 737.1 million TL and a gross profit of 205.8 million TL. The company has a 30-day plan regarding price stability. No common sales will be made in the first year, which may provide a guarantee for investors.

Participation Index and Distribution Method

Another topic that many investors are curious about is whether Pasifik Holding is compatible with the participation index; this information will also be clarified after the prospectus is published. The preliminary prospectus regarding whether the IPO will be distributed individually or through full equal distribution will inform investors.

In conclusion, Pasifik Holding's IPO offers many opportunities for investors. The company's financial situation and strategic sectoral distribution are just a few of the aspects that will attract investors' attention.