The public offering of IC Enterra Renewable Energy, which operates with IC Holding's 25 years of expertise in the energy sector, attracted great interest from investors. The public offering, which took place between 27-29 March under the leadership of Ak Yatırım, İş Yatırım and Ziraat Yatırım, received 4,11 times the demand from individual and corporate investors. In the public offering, where a total of 369 million 565 thousand 717 shares were offered for sale at 10,00 TL, IC Enterra Renewable Energy attracted attention with 3,71 million applications and 3,59 million investors to whom distribution was made.
15,2 BILLION TL DEMAND RECEIVED
In the public offering of IC Enterra Renewable Energy, which received a demand of 3,7 billion TL, against a public offering size of approximately 15,2 billion TL, 75 percent of the shares were sold to domestic individual investors and 25 percent to domestic institutional investors, in line with the determined allocation. With the public offering, IC Enterra Renewable Energy's free float rate will be 20,03 percent, and the shares will be traded on Borsa Istanbul, Yıldız Market under the code "ENTRA".
Stating that they received great interest from investors in the public offering process, Taşkın Kızılok, General Manager of IC Enterra Renewable Energy, “We will further strengthen our place in the renewable energy sector by using all the proceeds from the public offering for the growth of the company and the financing of new projects,” he said.
