Ensari Deri Gıda Sanayi listed on Borsa İstanbul with the Opening Bell Ceremony held on March 22, 2022. Shares offered to the public started to be traded in the BIST MAIN with the ticker code “ENSRI”.
In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:
“Distinguished guests,
Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Stock Exchange as we celebrate the listing of Ensari Deri at our Stock Exchange.
The leather sector is a very significant manufacturing industry of our country with the export revenue it provides and the employment it creates. One of the main representatives of this important sector, Ensari Deri, started to be traded in our Stock Exchange today and will utilize the opportunities offered by the capital markets such as accessing finance, institutionalization and increasing the brand value. Ensari Deri will use some of the IPO revenues to reduce its financial liabilities. As such, the company will increase its profitability by reducing the financial expenses arising from the exchange rate difference and interest rate.
Our companies and investors can manage their risks arising from foreign exchange, interest rate or investments by utilizing Derivatives Market of our Stock Exchange. As Borsa İstanbul, we will continue to develop new products in our Derivatives Market in a way that can meet the needs of investors.
Distinguished guests,
Ensari Deri launched an outstanding IPO with a total IPO amount of 119 million TL and a sale to 258 thousand investors. On this occasion, I would like to extend my thanks to everyone who contributed to this successful IPO process, all company employees and the intermediary institution. I wish it to be auspicious for our capital markets. I would like to welcome Ensari Deri to Borsa İstanbul family.”