Regulatory Hurdles Removed to Enable Listing of Startups

The stock market has completed the operational framework to list startups, the Listing Deputy of Iran Fara Bourse, the junior equity market, said.
“Now there is no barrier to listing startups,” Hojjat Esmaelzadeh told IRIB news website.
“The guidelines for listing such companies are now in place,” he added, noting that the lack of a well-define operational structure had impeded startups from going public.
“Three startups have applied to list and the IFB is reviewing their applications,” he said. One venture has completed the preliminary listing process and will make stock market debut in the near future.