First Iranian Startup to Make Debut on Share Market

Tap30 company, a ride hailing app in Iran, is planning to go public becoming the first of its kind in Iran to trade on the share market. 
ICT Minister Isa Zarepour said Wednesday that the IPO would make debut at Iran Fara Bourse, the junior equity market, in the coming weeks. 
Many startups wanting to join the bourse have been facing hurdles becsue by nature they have a dissimilar property and financial structure compared to the eligibility criteria of other companies. 
Stock market officials say the barriers have now been removed. Commenting on the imminent IPO, Amir Hamouni, head of IFB, told state TV on Friday that “the guidelines for listing such companies are now finalized”.