According to the statement released through Kamuyu Aydınlatma Platformu, shares representing the company’s TRY 320 million nominal capital were listed. Within the scope of the IPO, shares with a nominal value of TRY 52 million, corresponding to 16.25% of the company’s capital, began trading on the Star Market. The shares started the session under the ticker code “EKDMR.E” through the continuous trading method with a base price of TRY 45. The maximum order value for the relevant trading line was set at TRY 1 million.
“We stand by our industrialists”
Speaking at the gong ceremony, Korkmaz Ergün stated that Ekinciler Demir ve Çelik has maintained a stable position among Türkiye’s leading industrial companies with its half century of experience. Ergün emphasized that by being listed on the stock exchange, the company will further advance its growth and targets through the proceeds generated from the IPO.
He also stated that capital markets continue to support industrial companies and congratulated the company executives for taking this strategic IPO decision, while wishing the process success.
Industrial journey and production strength since 1964
Speaking at the ceremony, Haluk Ekinci emphasized that the ceremony represented not only the ringing of a gong but also a new stage in the company’s industrial journey spanning more than 60 years.
Founded in Adana in 1964 by Ali Ekinci and Orhan Ekinci, the company quickly moved into production with a vision that recognized the strategic role of industry in national development at an early stage. With the establishment of a finished products rolling mill in Karabük in 1976, production capacity increased, while the integration of logistics and environmental operations helped create a strong industrial structure. In 1983, the establishment of the region’s first private steel facility in İskenderun positioned Ekinciler among the pioneers of the Turkish steel industry.
Today, the company continues its operations in line with international quality standards through advanced steelmaking and rolling mill technologies, supported by an annual liquid steel production capacity of 1.4 million mt and rolling capacity of 1.3 million mt.
“We will move forward with earthquake resistant steel and export strength”
Haluk Ekinci stated that steel is not only an industrial product but also a symbol of national security, development and independence. He also reminded that the company was among Türkiye’s first construction steel exporters.
Emphasizing the critical importance of steel quality and reliability in a country like Türkiye that lives with earthquake risk, Ekinci stated that the company’s exseismic earthquake resistant steel enables the construction of more durable structures against earthquakes.
Ekinci added that the IPO represents a new era in terms of sharing the company’s deep rooted production heritage and infrastructure with investors. He stated that, in line with the “from heritage to future” vision, the company will continue contributing to Turkish industry by further increasing its production capacity, technological investments and export strength in the coming period.
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