Çağdaş Cam, Borsa İstanbul Ailesine katıldı

Çağdaş Cam, for which we provided IPO advisory services as Danista Capital Partners, went public on the Istanbul Stock Exchange with the ringing of the bell.

Founded in 1994, Çağdaş Cam operates in the glass processing sector with an annual capacity of 7.6 million square meters of glass processing and 800,000 square meters of insulated glass production.

Çağdaş Cam successfully completed its public offering process between December 1-12, raising a total of 840 million TL. The company's public float ratio was set at 25%.

According to data provided by Borsa Istanbul, nearly 637,000 applications were received for the public offering, generating demand worth 2.2 billion TL. As a result of the distribution, over 628,000 investors received shares with a nominal value of 42 million TL.

Summary information about Çağdaş Cam:
Pre-IPO Issued Capital: 137,000,000 TL
Post-IPO Issued Capital: 168,000,000 TL
IPO Size: 840,000,000 TL
Public Float Ratio: 25%
IPO Share Price: 20 TL