5th Agro IPO on IFB Since March 2018

The initial public offering of FKA Agriculture & Animal Husbandry Company (FKA) has been completed on Iran Fara Bourse Second Market with each share of FKA priced at 8,300 rials.
FKA Agriculture & Animal Husbandry Company is the fifth Agricultural company to go public on Iran Fara Bourse stock exchange in the Iranian fiscal that started last March and the tenth ever listed on IFB.
Moreover, in the initial public offering which was the second IPO in 2019 and the twelfth since March 2018, the total of 60 million shares (20%) of FKA went public by Saba Tamin Brokerage Co. through book building method using the ticker symbol “FAAZ” in the 8,200 rials-8,300 rials price range, a press release by IFB said.