OIMC's Tehran Auto Mall Auction Draws No Bids
Sahmino Newsroom | 1 November 2026 | 11 days ago
Omid Investment Management Group, ticker OIMC, told Codal on Sunday, November 1, 2026, that its auction of full ownership of the property known as Tehran Auto Mall had failed because no price bids were received. The auction was held on October 17, 2026 (25 Mehr 1405), and the failure was established on November 1, 2026.
The company offered two settlement methods: an all-cash first round or 40 percent cash with the remainder over three years in a second round. No bid means the property did not sell in this auction; Codal letter 1626847 does not announce a new sale price.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, OIMC rose 7.9 percent, to 6,390 rial.
Over the same days, Tehran Stock Exchange Index rose 10 percent, to 8,427,304.
Over the same days, US Dollar fell 2.7 percent, to 2,640,700 rial.
- OIMC
- +7.9%
- Tehran Stock Exchange Index
- +10.1%
- US Dollar
- −2.7%
Prices to the close of 11 November
From Sahmino that week
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Article | 2 NovemberNew major holder in AE21: Tasmim Fixed Income Securities Fund at 58.56%
Calendar | 2 NovemberKardan Fixed Income Investment Fund cuts stake in AE21 to 41.44%
Calendar | 2 NovemberSHHZ's six-month operating cash covered 2.6% of profit versus 89.5% on a restated trailing year; Sahmino's invalidation is 3,080 rials (November 1, 2026)
Article | 1 November
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