Initial Public Offerings (IPO) of 8 companies will be launched at the Iran Fara Bourse or over-the-counter (OTC) on January 3, 2015, SENA reported. The upcoming creation units will be transferred to potential bidders in the form of cash payments and installments. According to the report, the shares of all of these companies will be initially offered at the OTC. Investors have been showing increasing hunger for initial public offerings of companies ever since the book-building procedure resumed at the equity market last month.
