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Silver Fund 'Yas' Sets Subscription Record, Raises 1,000 Billion Tomans in Seconds

19 August 2026 · 11:45 · IPO · Iran

Outcome

The Yas silver investment fund, the 11th fund launched by investment advisory firm Toranj, drew 1,000 billion tomans during its subscription, which opened at 11:45 on Wednesday, August 19, 2026 (28 Mordad 1405), the highest amount ever raised in an Iranian silver fund subscription. Per Bourse News, the fund's cap was hit within seconds, with retail investors accounting for 83 percent of participation, while total demand registered exceeded 2,600 billion tomans.