Kourosh Food Industries to Make Stock Market Debut

Tehran Stock Exchange on Wednesday will host the first initial public offering from Kourosh Food Industries (KFI), one of the biggest food producers in Iran. 
KFI is the third company to make debut since the beginning of fiscal year in March and the first to go public this year. It will be the 546th listed company at the TSE. 
According to a notice on the TSE website, the company will offer 8% of its shares comprising 240 million shares. Each share will be offered at a minimum 28,500 rials and maximum 29,950 rials.