Turkey's capital markets board approves IPO applications for 5 companies

The Capital Markets Board has approved the initial public offering applications of Orzaks İlaç, Ekim Turizm, Soho Giyim, İsvea Seramik and Golda Gıda. The board also authorized debt instrument issuances and new fund establishments by various companies.

Scraper SystemJune 25, 2026, 06:18 PM

Turkey's capital markets board approves IPO applications for 5 companies

The Capital Markets Board (CMB) announced in its weekly bulletin that it has approved the initial public offering (IPO) applications of five companies. The companies that received approval and their per-share offering prices have been finalized.

IPO prices determined

In the IPOs approved by the CMB, Orzaks İlaç ve Kimya will offer its shares at 69 lira, Ekim Turizm at 30.26 lira, Soho Giyim ve Enerji at 15 lira, İsvea Seramik ve Banyo Ürünleri at 20.9 lira, and Golda Gıda at 9.2 lira per share.

Capital increase and debt instruments

The board also approved a nearly 415 million lira bonus capital increase by İş Girişim Sermayesi Yatırım Ortaklığı AŞ. In the same bulletin, it authorized debt instrument issuance applications for Adil Varlık Yönetim AŞ of 500 million lira, Yapı Kredi Faktoring AŞ of 6.8 billion lira, and Koç Finansman AŞ of 1.4 billion lira.

Authorized applications also included debt instrument issuances by Türkiye Garanti Bankası AŞ for 6 billion dollars, İş Gayrimenkul Yatırım Ortaklığı AŞ for 10 billion lira, and Ak Yatırım Menkul Değerler AŞ for 15 billion lira. The applications of ZKB Varlık Kiralama AŞ for 3 billion lira and Bizim Varlık Kiralama AŞ for 500 million lira in lease certificates and VİDMK issuances were also approved.

Establishment permits for new funds

The CMB approved the establishment of the 'Boğaziçi Ventures Global Venture Capital Investment Fund' and the 'Greenwise Venture Capital Investment Fund' by BV Portföy Yönetimi AŞ. The establishment request for the İş Portföy BIST 30 Index Equity Intensive Exchange Traded Fund was also favorably received.

Fiba Yatırım Menkul Değerler AŞ and Marbaş Menkul Değerler AŞ were granted authorization to act as intermediaries in foreign transactions, while the establishment of a crowdfunding platform under the name Gekas Kitle Fonlama Platformu AŞ was also approved.

Administrative fines

Following an investigation into Girişim Elektrik Sanayi Taahhüt ve Ticaret AŞ and Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret AŞ, the board imposed administrative fines totaling 20.7 million lira on these two companies and four individuals.

Turkey's capital markets board approves IPO applications for 5 companies