OBA Makarnacilik Sanayi VE Ticaret AS (Ticker: OBAMS TI) is a Turkey-based company in the food industry, specializing in the production of pasta and related products. Founded in Gaziantep in 1966, the company has grown into a leading entity in its sector, leveraging high technological investments and a commitment to quality production. It operates facilities in Gaziantep and Sakarya, producing a wide range of pasta, noodles, flour, and semolina products, utilizing durum wheat from the Southeastern Anatolia Region. The company also emphasizes sustainability, with significant investments in solar energy to power its operations.
OBA Makarnacilik Sanayi VE Ticaret AS will list on the Istanbul Stock Exchange on March 1, 2024. The firm is selling 96.34 million shares at the price of TRY 39.24 per share, aiming to raise TRY 3.78 billion (USD 122.44 million). The expected market capitalization at offer is TRY 18.80 billion (USD 608.80 million). The offering comprises 72.25 million primary shares and 24.08 million secondary shares, reflecting a mix of 75% primary and 25% secondary shares.