Saat and Saat's IPO Sees Surge in Demand

The initial public offering (IPO) of Saat and Saat Sanayi ve Ticaret A.Ş. saw a total of 693,138 investors, with 693,013 being domestic individual investors and 125 being domestic institutional investors. There was no participation from foreign institutional investors, foreign individual investors, or other investor groups.

Details of the IPO

■The final allocation to domestic individual investors was approximately 1.78 times the initial allocation, while for domestic institutional investors it was approximately 1.22 times.

■In terms of investor groups, the planned allocation for domestic individual investors was 40 million 166 thousand 973 TL in nominal value, representing 60% of the total IPO.

■The planned allocation for domestic institutional investors was 26 million 777 thousand 982 TL in nominal value, representing 40% of the total IPO.

Demand and Distribution

■The total nominal value demanded at the IPO price was 104 million 332 thousand 568 TL, while the total nominal value distributed was 66 million 944 thousand 955 TL.

■Thus, the total demand in the IPO was approximately 1.56 times the distributed shares.

■The additional sales right of 13 million 388 thousand 991 TL in nominal value, which was planned to be used in case of excess demand, was not utilized.

The surge in demand seen in Saat and Saat's IPO indicates that the company has made a strong entry into the market. This situation demonstrates that investors have a high level of interest in companies during IPO processes. However, for the evaluation of long-term performance, the conditions of the sector in which the company operates and general economic trends will need to be taken into account.