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Net Global completes 2.23 billion TL IPO

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2026-09-08 11:53 UTC → 2026-09-13 17:11 UTC · added removed

Net Global initial public offering completes 2.23 billion TL IPO

Net Global Endüstriyel Yatırımlar has announced the details of completed its initial public offering (IPO) on Borsa İstanbul under the ticker code NETGL. The offering is scheduled for offering, which took place between September 9 through and September 11, with 2026, reached a share price set at 25.52 TL. The total size of the offering is projected at 2.233 billion TL, representing TL. Conducted via the ‘Fixed Price Demand Collection and Sale Method’ led by a 28% public float. 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 company intends 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 use be 28% following the offering. Net proceeds are intended to fund strategic growth, including 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. Analysts Prior to the offering, analysts from Halk Yatırım have reviewed the price determination report, noting noted that the 20% discount applied to the IPO price is was reasonable.

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  1. 2026-09-13 17:11 UTC Net Global completes 2.23 billion TL IPO
  2. 2026-09-08 11:53 UTC Net Global initial public offering

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