Borsa İstanbul’s Opening Bell Rang for Rubenis Tekstil

Borsa İstanbul’s Opening Bell Rang for Rubenis Tekstil

Rubenis Tekstil starts trading on Borsa İstanbul on July 6, 2022. Shares offered to the public will be traded on BIST STARS with the ticker code “RUBNS”.

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Rubenis Tekstil at our Exchange.

Rubenis Tekstil is an innovative, developing and growing company with high export targets. Making significant contributions to the employment of Şanlıurfa, this distinguished company aims to increase its employment further by realizing its investments that it will finance with the IPO revenue.

IPOs provide the opportunity to finance investments with long-term TL. In this respect, Rubenis Tekstil serves as a good example of financing investments through an IPO, as the company will use the IPO revenue to purchase machinery and invest in renewable energy. Moreover, IPOs enrich companies in numerous ways such as institutionalization, credibility, liquidity and brand value.

Rubenis Tekstil will start trading on BIST STARS today. The company launched an outstanding IPO with a total IPO amount of 306 million TL and a sale to 157 thousand investors. 

I would like to extend my thanks to everyone who contributed to this successful IPO process, all company employees and the intermediary institution. I wish it to be auspicious for our capital markets. I would like to welcome Rubenis Tekstil to Borsa İstanbul family.

On this occasion, I would like to extend my sincerest wishes to celebrate your blessed Eid Al-Adha.