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Damavand Capital Takes Commitment to Buy Half of Unsold Tabriz Petrochemical Shares in Wednesday's IPO

Sahmino Newsroom | 27 October 2026 | 15 days ago

Damavand Capital said in a Group B Codal disclosure published on Tuesday, October 27, 2026 (5 Aban 1405) that it has accepted a syndicated purchase commitment in the initial public offering of Tabriz Petrochemical: it will buy 50% of the shares left unsold in the offering, at a base value of 61,321 rials per share. The fixed, final underwriting fee under the contract is stated at 15,000 million rials (1.5 billion tomans). According to the same disclosure, the offering takes place on Wednesday, October 28, 2026 (6 Aban 1405).

The filing shows only Damavand Capital's own share of the commitment; it says nothing about commitments from other syndicate members.

Reference:CodalThe original report

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