Kimia Polyester Qom Becomes This Year's 20th IPO on Farabourse on Wednesday

According to Boursenews, 9 percent of Kimia Polyester Qom's shares, 1.35 billion shares in all, will be offered in an initial public offering on the Farabourse second market on Wednesday, 30 September 2026 (8 Mehr 1405), at a valuation price of 4,310 rials. The offering has two stages: first, 450 million shares (3 percent) will be sold by auction to eligible investors with a maximum allocation of 5,625,000 shares; then, on the same day, 900 million shares (6 percent) will be offered at the discovered fixed price with a maximum allocation of 1,800 shares.

Second-stage buyers will receive a covered put option on their allotted shares, with a strike price 35 percent above the discovered price and expiry on 10 Mehr 1406 (2 October 2027). Aban Brokerage is the offering adviser and Omid Investment Bank is the underwriter. After 19 other companies, Kimia Polyester Qom will be the 20th new listing of the Iranian year 1405.