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[SITUATION] · [ACTIVE] · [BUSINESS]

3 clusters · 13 sources · 7 days · First seen · Last updated

Net Global completes 2.23 billion TL IPO

Overview

Net Global Endüstriyel Yatırımlar has completed its initial public offering (IPO) on Borsa İstanbul under the ticker code NETGL. The offering, which took place between September 9 and September 11, 2026, reached a total size of 2.233 billion TL.

Conducted via the ‘Fixed Price Demand Collection and Sale Method’ led by a consortium headed by Tacirler Yatırım Menkul Değerler A. Ş., the IPO saw significant interest, with total demand exceeding the offered shares by 2.84 times. The shares were priced at a fixed unit price of 25.52 TL. The allocation was distributed among domestic individual investors (40%), domestic institutional investors (35%), and foreign institutional investors (25%).

The company’s public float ratio is expected to be 28% following the offering. Net proceeds are intended to fund working capital (25%–35%), the repayment of short-term bank loans and financial debts (20%–30%), and investments in corrugated pipe production capacity (15%–25%).

Additional planned investments include a wagon factory at the Sivas Demirağ Organized Industrial Zone to produce EU-standard freight wagons under the ‘NETRAIL’ brand. Prior to the offering, analysts from Halk Yatırım noted that the 20% discount applied to the IPO price was reasonable.

Entities

Borsa İstanbul · Net Global Endüstriyel Yatırımlar A. Ş. · Sivas · Halk Yatırım Menkul Değerler A. Ş. · Net Global

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    Net Global completes 2.23 billion TL initial public offering

    Net Global Endüstriyel Yatırımlar A. Ş. completed its 2.233 billion TL IPO, with demand exceeding supply by 2.84 times. Shares were priced at 25.52 TL.

  2. 6 days ago

    [BUSINESS] 7 sources
    Net Global Endüstriyel Yatırımlar announces Borsa İstanbul IPO details

    Net Global Endüstriyel Yatırımlar is launching an IPO on Borsa İstanbul (NETGL) with a price of 25.52 TL, scheduled for September 9–11. Analysts have deemed the 20% discount reasonable.

  3. 9 days ago

    [BUSINESS] 5 sources
    Net Global announces 2.233 billion TL initial public offering

    Net Global is launching a 2.233 billion TL IPO on September 9-11, with shares priced at 25.52 TL to fund capacity increases and a new wagon factory in Sivas.

Sources

bazaartimes.com · bizimsivas.com.tr · borsagundem.com · cnbce.com · dunya.com · ekonomist.com.tr · ekz.ch · finans.mynet.com · gazetedamga.com.tr · gzt.com · ilkhaber-gazetesi.com · internethaber.com · ortadogugazetesi.com

This summary has been updated 1 time: see revision history