The IPO process of Hedef Holding, Turkey's leading investment group with investments in various fields such as finance, technology and health, has been completed. Shares of the Hedef Holding started to be traded on the BIST Main on October 22, 2021, with the Opening Bell Ceremony held at Borsa İstanbul.
Under the leadership of Info Yatırım, a consortium of 23 intermediary institutions gathered 6 times the demand for Hedef Holding shares, which were offered to the public at a price of TL 1.96 on October 14-15. Approximately 124 thousand investors submitted 358 million requests for the IPO, while the size of the offering was 117.6 million TL. Shares representing 20 percent of Hedef Holding's capital started to be traded with the ticker code #HEDEF with the Opening Bell Ceremony held at Borsa İstanbul today,.
The Opening Bell Ceremony was held with the attendance of Korkmaz Ergun, the CEO of Borsa İstanbul, Namık Kemal Gökalp, Chairman of the Board of Hedef Holding A.Ş., Murat Tanrıöver, CEO of Hedef Holding and Ender Şahin, CEO of İnfo Yatırım.
In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:
“Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Hedef Holding A.Ş. at our Exchange. Hedef Group has become one of the most important stakeholders of our Stock Exchange with its venture capital company traded on our Exchange, its intermediary institution, which is also our member, and its portfolio management company, and has reached this point with the service it has provided to the capital markets for years. The fact that Hedef Holding, which takes firm steps towards its goal, started to be traded at our exchange today is the result of this service it has provided to the capital markets for years and its success in the field of entrepreneurship and its vision.”
Ergun maintained his remarks by underlining that the importance of new ventures and entrepreneurs in the growth of our country is escalating, and Borsa İstanbul supports the financing of growth by bringing companies in this field together with investors. Korkmaz Ergun further stated as follows: For this very reason, we are delighted that Hedef Holding, which provides support for entrepreneurs, joins us by meeting with investors today. I would like to congratulate the esteemed managers of Hedef Holding and the intermediary institution for their successful IPO to 122 thousand investors with high demand. I welcome Hedef Holding to its home, I wish them continued success in the capital markets.”
