While Borsa Istanbul paused its rise last week, intense interest in companies that went public continues. The results have been announced for Hatsan Gemi (HATSN), one of the companies that collected demand last week. Info Yatırım, which pioneered the company’s public offering process, shared details about the request process.
According to Info Yatırım’s statement, 3 million 862 thousand investors lined up to buy HATSN shares. The company allocated 31 million (70%) of the total supply of 44 million 300 thousand lots and distributed approximately 8-9 lots per person as a result of high demand. 3 million 735 thousand of the total demand was met by individuals. Thus, an average of 4.2% of Türkiye’s population became HATSN partners.
Hatsan Gemi obtained 252 million 281 thousand TL financing at the end of the public offering process. Individual investors covered 45.7% of this figure. When the price is multiplied by the lot amount per person, we get 180 or 200 TL.
The company obtained 50% of the total financing from the 20% lot reserved for domestic-based institutional investors. Foreign investors, on the other hand, lagged behind, showing a demand of 4% against a share of 10%.
According to estimates, HATSN will start trading in the market towards the middle of this week.