First IPO After 3 Months

Three months after the last initial public offering, an internet service provider said it plans to go public on Wednesday. 
 According to a notice seen on the Tehran Stock Exchange website, the newcomer is Asiatech Data Transmission Company, a tech company that provides IT-based services.
The company plans to sell 15% or 300 million shares to become the 593rd company listed with the TSE. 
With each share to be priced at 6,060-6,660 rials, the company hopes to make 1.9 trillion rials ($7.2 million) from the share offer.