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12th IME Silver Fund, Silva, Opens Subscription

16 August 2026 · All day · IPO · Iran

Outcome

The Kalaye Padash fund began subscription for its Silva silver metal fund unit on Sunday, 16 August 2026 (25 Mordad 1405) on the Iran Mercantile Exchange, drawing 200 billion tomans within the first minutes. After the Securities and Exchange Organization approved raising the unit cap, subscription was extended by two more working days starting Monday, 17 August (26 Mordad). Silva brings the number of silver funds on the exchange to 12.

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