Zeray GYO IPO: All Details and Expectations

What You Need to Know About Zeray GYO’s Initial Public Offering

Zeray GYO has caught the attention of investors with its initial public offering (IPO) approved by the Capital Markets Board (CMB). The company is known for its innovative projects in various fields and aims to create new living centers both within and outside the city. Now, let's take a look at all the details regarding Zeray GYO's IPO.

IPO Date and Size

The exact date of the IPO will be confirmed after the approved prospectus is published. The size of Zeray GYO's IPO has been determined to be 2 billion TL. This size plays a critical role in the company's growth strategies.

IPO Price and Free Float Rate

Zeray GYO has set the IPO price at 13 TL. The free float rate is at 25.05%, and a total of 156 million 800 thousand shares will be distributed. This rate will affect investors' access to the company and the distribution of shares.

Usage Areas of IPO Proceeds

It is planned that 65-75% of the funds raised from the IPO will be used for payment certainties to contractor firms. This strategy will support the timely and efficient completion of projects.

Other Important Information

Zeray GYO's stock code has not yet been determined. The draft prospectus is expected to clarify this issue. Additionally, it has been stated that the IPO will be based on equal distribution to individual investors, which will enable more investors to become partners in the company.

Price Stability and Future Plans

Zeray GYO plans to ensure price stability within the first 15 days post-IPO. Furthermore, it should be noted that there will be no sales from shareholders or the issuer for one year. This situation will encourage investors to hold onto their shares.

In conclusion, Zeray GYO's IPO offers many opportunities for investors. With the announcement of the IPO date and other details, a clearer picture will emerge for investors.