Hepsiburada Prices IPO At $12 Per Share; Trading Begins Today

  • Turkish e-commerce platform D-MARKET Electronic Services & Trading HEPS, also called Hepsiburada, priced 56.74 million shares at $12 per share in its initial public offering.
  • The IPO includes 15.07 million shares from a selling shareholder.
  • The estimated gross proceeds are $500.04 million from 41.67 million shares.
  • The shares are likely to begin trading on the Nasdaq under the ticker symbol "HEPS" today.
  • The selling shareholder has granted the underwriters a 30-day option to purchase additional shares up to 8.5 million.
Loading...
Loading...
HEPS Logo
HEPSD-MARKET Electronic Services & Trading
$2.88-2.04%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
81.58
Growth
11.37
Quality
Not Available
Value
43.35
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...