The Initial Public Offering of Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.Ş. has been completed. Shares offered to the public will be listed on BIST MAIN with a base price of 11.00 TL, the ticker code “HKTM” and the continuous trading method.
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 Exchange as we celebrate the listing of Hidropar at our Exchange.
Hidropar develops robots, machines and builds systems with engineering services including hydraulics and electronics. As such, it serves many different sectors.
Hidropar distinguishes itself in two aspects: First, it is an R&D center that produces innovative technologies. The second aspect is the green building certified production facility. Today, a third is being added to these two significant features. Hidropar is now a public company that is listed on Borsa İstanbul and will finance its investments with the support of its new stakeholders through IPO.
Distinguished guests,
As you know, Borsa İstanbul set a historic record with 52 IPOs in 2021. According to the recently announced data of the World Federation of Exchanges, in 2021, we became the first stock exchange in the world with the rate of increase in IPOs.
When we compared the first half of 2022 with the first half of 2021, we achieved the same levels in terms of the number of IPOs and the size of IPOs. As of today, we have launched our 30th IPO. Once again, I would like to extend my thanks to everyone who contributed to the IPOs in the last year and this year.
Esteemed guests,
Hidropar launched an outstanding IPO with an IPO amount of 132 million TL and a sale to 303 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.
