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.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, Tehran Stock Exchange Index rose 5.4 percent, to 8,357,840.
Over the same days, US Dollar fell 3.6 percent, to 2,599,000 rial.
- Tehran Stock Exchange Index
- +5.4%
- US Dollar
- −3.6%
Prices to the close of 10 November
From Sahmino that week
Dividend payment: KCHI
Calendar | 28 OctoberDividend payment: CIDC
Calendar | 28 OctoberJam Piln's Sales Volume Halved but Profit Rose 2.3-Fold: P/E 6.99 vs 9.29 for the Sector and a 398,591-Rial Sahmino Target (Tuesday 27 October 2026)
Article | 27 OctoberTabriz Petrochemical IPO on October 28: six-month profit almost tenfold, operating cash at 95% of profit (October 26, 2026)
Article | 26 October
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