Imas Makina, which exports grain milling and feed mill machinery, band saw products and steel structure systems, and also offers turnkey integrated factory solutions, is offered to the public. The book-building dates for the public offering of İmaş Makina, whose application was approved by the Capital Markets Board, were determined as 20-21-22 April 2022.
The application made for the public offering of the company shares of Imas Makina Sanayi A.Ş., which is the company of İttifak Holding that has been operating in the machinery sector for 33 years and one of the leading companies in the sector, has been approved by the Capital Markets Board. On 20-21-22 April, A1 Capital Yatırım Menkul Değerler A.Ş. The price of the public offering, which will be held via "fixed price book building and best effort mediation method", was determined as 15 TL for a share with a nominal value of 1 TL.
“The total size of the public offering will be 210 million TL”
Imas, which was established in 1989 within the body of İttifak Holding, in order to produce and establish turnkey facilities and machines used in the production of flour and semolina of grains such as wheat, corn, rye, oats and barley; Today, it exports to more than 100 countries in 5 continents with its production and sales activities under the brands of Milleral in the grain milling industry, Viteral in the feed milling industry, Cuteral in the band and circular saw benches industry, and Steral in the steel construction industry, and ProSupport in spare parts and service. In the public offering of İmaş Makina, shares with a nominal value of 7 million TL to be issued by increasing the issued capital of the company from 30 million TL to 37 million TL, as well as shares with a nominal value of 7 million TL owned by the current partner İttifak Holding. After the sale of shares with a total nominal value of 14 million TL, through the capital increase and joint sale of İmaş Makina, the free float of the company will be 37.84%, while the total size of the public offering will be 210 million TL.
“We aim to further increase our production capacity, competitiveness and market share”
Tayfun Bora Kumru, Chairman of the Board of Directors of Imas Makina, who mentioned that Imas Makina's capital structure will be further strengthened and production capacity will be increased with the proceeds of the public offering, said, "As Imas, we are a company that closely follows the technology, makes significant investments and continuous R&D studies in order to keep its quality up-to-date. We export to more than 100 countries in 5 continents with our production and sales activities with our brands Milleral in the milling industry, Viteral in the feed milling industry, Cuteral in the band and circular saw benches industry, Steral in the steel construction industry, and ProSupport in spare parts and service. and we will further strengthen our financial structure. We aim to increase our share in both domestic and foreign markets and introduce ourselves better in new markets by increasing our competitiveness with capacity increase, advance raw material supply and technology renewals.” said.
ABOUT IMAS MAKINA:
İmaş Makina Sanayi was established in 1989 within the body of İttifak Holding in order to produce and set up turnkey facilities and machinery used in turning grains such as wheat, corn, rye, oat, barley into flour and semolina. In its modern facilities with a closed area of 29,285 square meters on an area of 56,090 square meters; It carries out its production and sales activities under the brands of Milleral in the grain milling sector, Viteral in the feed milling sector, Cuteral in the band and circular saw benches sector and Steral in the steel construction sector, and ProSupport in spare parts and service services. It exports to more than 100 countries in 5 continents. İmaş Makina, Turkey Exporters According to the data of the Turkish Parliament, it has been among the top 10 companies that spend the most on R&D in the machinery sector in 2020 in the "R&D 250, Turkey's Top R&D Spending Companies" research organized by Turkishtime. It was ranked 174th in the “Companies Making the Expenditure-Top 250” list.