The online hypermarket of repair and construction products “VseInstrumenty.ru” announced the price range for the IPO, which will be 200 to 210 rubles per share, according to the company’s message.
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On June 24, it was reported that the company would hold an initial public offering on the Moscow Stock Exchange. It was noted that after obtaining the offer, the largest shareholder will retain a majority stake in the capital.
As can be seen from the company’s message, the share of the free float after the placement will be 12%. Trading on the Moscow Stock Exchange will begin on July 5 under the symbol VSEH.
The established price range corresponds to the capitalization of the service at the level of 100 to 105 billion rubles. After the placement, Vi.ru will retain a majority stake. During the IPO, Vseinstrumenty.ru can attract 15-20 billion rubles, experts noted.
This year the company published financial statements under IFRS for the first time. According to the report, revenue in 2023 amounted to 132.8 billion rubles (+54% year-on-year). The main driver of growth was the attraction of new customers, the increase in the number of orders (+45%) and the average account size.
The company’s net profit increased by 49% to 3.8 billion rubles.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
