Kapeks Kimya Launches on Borsa Istanbul: A Gong Ceremony That Shines

Kapeks Kimya Sanayi AŞ (KAPEKS Kimya) has taken its first step onto Borsa Istanbul under the ticker KPEKS, marking a new opportunity for investors following the completion of its public offering.

First Step with a Gong Ceremony

■Public offering date: September 15 2024

■KAPEKS Kimya now trades on Borsa Istanbul as KPEKS

■Gong ceremony set the initial price at 0.00 TL for the inaugural trade

Operational and Market Position

■KAPEKS Kimya: A leading polymer and chemical producer

■2023 net revenue of ₺1.2 million

■Sector growth of 8 % with a 3.5 % market share

Investor Sentiment and First-Day Volume

■First day trading volume of 2 million shares (~$1.5 million)

■Borsa Istanbul’s B segment sees its first entry in the sustainability themed space

■Opening price: ₺18.70 / USD 1.00

Closing and Future Outlook

■Management: CEO Ahmet Yılmaz emphasizes innovative production processes for continued growth

■Next 12 months target a 30 % increase in revenue

■Post-IPO, KPEKS will strengthen its position within B segment of Borsa Istanbul

Volkan Şen: Kapeks Kimya’s IPO marks the first entry of a sustainability-focused company in Borsa Istanbul’s B segment. The initial trading volume signals smart investor interest, while the company’s measurable growth targets enhance its long‑term value creation potential.