To use our website, you must enable JavaScript.

E-Branch Open An Account

Bin Ulaşım ve Akıllı Şehir Teknolojileri

Public Offering Led by Bulls Yatırım:

Bulls Yatırım to lead the IPO of Bin Ulaşım ve Akıllı Şehir Teknolojileri (BINBN TI) on October 3–4, 2024, at a fixed price of 91.85 TL via Borsa İstanbul’s Primary Market. Bin Ulaşım ve Akıllı Şehir Teknolojileri Public Offering Led by Bulls Yatırım:
Open an online account now to participate in the IPO!

IPO Information

Bulls Yatırım to lead the IPO of Bin Ulaşım ve Akıllı Şehir Teknolojileri (BINBN TI) on October 3–4, 2024, at a fixed price of 91.85 TL via Borsa İstanbul’s Primary Market.

The offering will take place at a fixed price of 91.85 TL, using the "On-Exchange Sale – Fixed Price Bookbuilding" method, between 10:30 AM and 1:00 PM.

IPO Information Table

IPO Information Table

Company Bin Transportation and Smart City Technologies Inc.
Stock Code  BINBN.HE
Underwriting Method Best Effort Underwriting
Pre-IPO Issued Capital100,000,000 TL
Post-IPO Issued Capital112,000,000 TL
IPO Amount and TypeCapital Increase: 12,000,000 TL nominal
Shareholder Sale: 5,000,000 TL nominal
Total: 17,00,000 TL nominal
IPO Size1,561,450,000 TL
Free Float Ratio15.18%
IPO Price91.85 TL
IPO Dates October 3–4, 2024
IPO Bookbuilding MethodOn-Exchange Sale – Fixed Price Bookbuilding
Trading MarketStar Market
Allocation GroupsNone
Lock-up CommitmentIssuer: 1 Year
Shareholders: 1 Year
(*) For detailed information about commitments, please refer to article 27.3 of the Prospectus approved by the Capital Markets Board (CMB).
Price StabilizationNo price stabilization is planned.
Use of IPO ProceedsThe company is expected to generate net proceeds of 1,064,273,846 TL from the IPO.
Evaluation of Alternative Investment Opportunities (20%)
·        Purchase of Machinery, Vehicles, Equipment, and Related Goods and Services (30%)
·        Repayment of Trade Payables and Group Company Debts (30%)
·        Working Capital (20%)
Compliance with Participation Finance Principles Not compliant

Legal Disclaimer:

Disclaimer Text: The Capital Markets Board (CMB) and Borsa Istanbul have no discretion or approval authority in the determination of the IPO price. The Prospectus and the Offering Circular, which contain information about the company and the shares to be offered, have been published on the Public Disclosure Platform (www.kap.org.tr), the Company’s website, and the website of the authorized institution. Investors should make their investment decisions by reviewing the Prospectus and Offering Circular available at the specified addresses. The investment information, commentary, and recommendations provided herein do not constitute investment advisory services.

Share