According to the Shahr-e-Bourse, Iran Fara Bourse will host a new pharmaceutical company. According to the released announcement, 12% of the total shares of Kimia Kala Razi company, equivalent to 64,200,000 shares, will be offered initially next Wednesday.
This Initial Public Offering (IPO) will be conducted using a combined method; in the first stage, investment funds will discover the price, and in the second stage, shares will be offered to real and legal codes. The valued price for each share is 25,905 Rials. The maximum quota for each individual is set at 85 shares, although this number will change depending on public participation.
