Stocks | Analysis
Tabriz Petrochemical IPO on October 28: six-month profit almost tenfold, operating cash at 95% of profit (October 26, 2026)
Tabriz Petrochemical (TBRZ) is due to offer 5% of its shares on October 28, 2026, within a 57,642 to 65,000 rial order range. Standalone half-year profit rose 898%, with operating cash at 95% of profit. The upper offer price is 4.33 times reconstructed trailing earnings. Here are the order cap, cash requirement and the test of the thesis.
10 min read | 26 October