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100 percent of the shares of Damavand Petrochemical Company (DPC) will be offered

30/11/2014 | 16:10 code : 7149 Daily News
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100 percent of the shares of Damavand Petrochemical Company (DPC) will be offered through Iran Fara Bourse or over-the-counter (OTC) market on December 7.
100 percent of the shares of Damavand Petrochemical Company (DPC) will be offered

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100 percent of the shares of Damavand Petrochemical Company (DPC) will be offered through Iran Fara Bourse or over-the-counter (OTC) market on December 7.

Iranian Privatization Organization(IPO) intends to launch the Initial Public Offering (IPO) on behalf of the DPC, offering 12,500 shares based on cash payment or installment.

Each creation unit will be sold at around 1.6 billion rials, while the total value of the creation units is estimated to reach more than 20 trillion rials.

 

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