Auto Parts Maker's Shares Trade for the First Time on Farabourse's Growth Market

According to Boursenews, the growth board of Farabourse's Noafarin market hosted the year's 11th IPO on the last trading day of last week, Wednesday, 11 Shahrivar 1405 (September 2, 2026), as Zar Golpayegan Spring Manufacturing, an auto parts maker, listed under the ticker "Khgolpa" through a combined offering method. The company offered 12 percent of its shares, or 216 million shares; in the first stage, 72 million shares (4 percent) were sold by auction among qualified investment funds, and after competition among 88 funds, the price was discovered at 3,715 rials, a figure also recorded in Sahmino's own price data.

In the second stage, 144 million shares (8 percent) were offered to other investors at the same discovered price. In total, more than 1,332,700 individual and institutional trading codes took part in the IPO. The offering's advisor was Bank of Industry and Mine Brokerage, with Lotus Parsian Capital acting as underwriter.