HR Capital's shares to start trading on 18 January (NEUTRAL)

18.01.2022 Source: BSE; FFBH

HR Capital‘s shares will start trading today. Recall that the IPO of HR capital, an investment company, was oversubscribed nearly 11 times, which is a record for the BSE‘s SME Growth market BEAM. The company managed to raise BGN 1.48m by issuing 330 000 new shares at the issue price of BGN 4.48 per share on 15 Dec. Due to the high interest in the IPO, 220 000 existing shares were offered by Web Finance EOOD on 17 Dec. The auction finished with all of the shares being sold at a cut-off price of BGN 6.05 or 35% above the IPO price of BGN 4.48.