Some 50mln shares equal to 5 percent of Ofogh-e Koorosh stocks offered in an initial public offering for the first time. "Ofogh" has been taken as the company's symbol in offering.

 

The company's public relations reports that some 50mln shares equal to 5 percent of Ofogh-e Koorosh stocks offered in an initial public offering for the first time on Saturday, Bahman 27, 1397 (Feb. 16, 2019). 

  The price discovery took place for Ofogh-e Koorosh public offering and the rate 16950 Rls announced as the discovered price. More than 327 companies now are active in Tehran bourse and making the respective market value to 16000bln Rials. 
More than 386000 persons participated in Tehran bourse when Ofogh-e Koorosh stocks offered in the public offering. 
The company is the 526th accepted firm in bourse which has been taken the usual process in Tehran stock exchange on "retail sale except motor vehicles" and also in "the foodstuffs, drinks and others" with the respective codes and symbol.