In an effort to increase effectiveness and simplicity in sale methods in initial public offerings (“IPOs”), the Turkish securities regulator (CMB) has recently resolved that certain sized IPOs not to be sold with or without book building method but only through sale on the exchange method (Borsa’da satış). The decision is published and is effective as of 19 January 2023. As per the CMB decision, this method has become mandatory for IPOs, in case the market value of the shares to be offered to the public is TRY 250 million or less.
We have published a new Paksoy briefing: “Recent Decisions in Turkish Capital Markets”. You can reach the briefing here.
Share
Related persons
You can contact us for detailed information.




Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
23 June 2025
Recent developments in Turkish e-commerce law
Following the entry into force of Law No. 7416 Amending Law No. 6563 on the Regulation of Electronic Commerce, the Turkish Ministry of…
2 June 2025
Pricing of Medicinal Products for Human Use in Türkiye
Pricing of medicinal products in Türkiye is governed by a comprehensive regulatory framework that imposes specific obligations on…
20 May 2025
The Regional Court of Appeal Reaffirmed the Application of the New York Convention and the Prohibition of Révision au Fond in Enforcement Proceedings
In its decision dated 21 April 2025, the 9th Civil Chamber of the Adana Regional Court of Appeal (“Regional Court of Appeal”) ruled that,…
14 May 2025
The Future of Hydrogen Energy in Türkiye
Hydrogen energy is emerging as a key pillar in the global transition towards renewable energy sources. With its versatile applications in…
14 May 2025
Turkish IPOs in Istanbul, London and the United States – Key Issues for Market Participants
The Turkish IPO market has continued its robust growth in recent years, with 179 companies completing IPOs between 2021 and 2024, raising…
29 April 2025
Regulation on Private Health Institutions Providing Outpatient Diagnosis and Treatment
The Regulation on Private Health Institutions Providing Outpatient Diagnosis and Treatment Services (“Regulation“) was published in the…