5,880 billion rials behind Fenoghreh: the buy queue on its second trading day, September 23, 2026, was larger than the whole retail tranche of the IPO

Fenoghreh, the first silver bullion producer listed in Iran, closed Wednesday, September 23, 2026 with a 361 million share buy queue at its 16,290 rial ceiling: about 5,881 billion rials, more than the 4,745 billion rials the whole retail tranche of its IPO raised. The discovered price was 15,818 rials and about 1.72 million codes bought, so an average code received about 174 shares: a paper gain of about 82,000 rials on September 23.