Torpol launches IPO
22:34
Torpol, the railway infrastructure subsidiary of construction group Polimex-Mostostal, launched its initial public offering on Monday. The company wants to raise PLN 52 million.
Book-building is scheduled to be completed on June 24. Subscriptions for individual investors are planned for June 25-27. The company expects the bourse debut to take place on July 8.
Torpol’s IPO prospectus was approved by the Polish Financial Supervision Authority last Friday. The offering on the Warsaw Stock Exchange main market will be managed by Dom Maklerski BZ WBK and Dom Maklerski PKO Banku Polskiego.
