According to the statement published on the Public Disclosure Platform (KAP), shares representing the company’s TRY 320 million nominal capital were listed. Within the scope of the public offering, 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 company’s 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 row was set at TRY 1 million.
“We continue to support 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 starting to trade on the stock exchange, the company will further advance its growth and strategic targets through the proceeds generated from the public offering.
Ergün also stated that capital markets continue to stand by industrial companies and support them, congratulating the company executives for taking this strategic public offering decision and wishing the process success.
Industrial journey since 1964 and production strength
Speaking during the ceremony, Haluk Ekinci stated that Ekinciler Demir ve Çelik has entered a new era with more than 60 years of industrial experience and emphasized that the public offering marks a significant milestone for the company.
Ekinci stated that the foundations of the company were laid in Adana in 1964 by Ali Ekinci and Orhan Ekinci, while production strength increased with the rolling mill established in Karabük in 1976. He added that the facility established in İskenderun in 1983 positioned the company among the pioneers of the Turkish steel industry.
Emphasizing that steel is not only an industrial product but also a symbol of development and independence, Ekinci stated that the company has continuously improved its production capacity and technological infrastructure over the years and became one of Türkiye’s first construction steel exporters.
Ekinci also stated that the company continues its operations with an annual liquid steel production capacity of 1.4 million mt and a rolling capacity of 1.3 million mt, while drawing attention to its “earthquake steel” projects contributing to the development of earthquake resistant structures.
Stating that the public offering represents a new phase in sharing the company’s long established production heritage with investors, Ekinci emphasized that 16.25% of the company’s capital was offered to the public and that the company aims to continue growing by increasing its production capacity, technology investments and export strength in the upcoming period.
Comments
No comment yet.