‘Bodi Insurance’ JSC, the first IPO of 2020, has closed the offering of its 20 percent or 47.0 million shares to public. The offers were received from May 25, 2020 to 6 pm June 08, 2020.

The total subscription for the IPO has totaled MNT 5,318,225,672 subscribed by 959 individuals and business entities. 

‘Bodi Insurance’ JSC offered 47.0 million shares to the public at the price between MNT113-135 by book building method and to strategic investors at the fixed price of MNT 113. The share price of ‘Bodi Insurance’ JSC will be set at MNT113.0 based on the subscription price and the proceeds.

The secondary market trading will start after the decision to approve primary market trading by the Financial Regulatory Commission.

MONGOLIAN STOCK EXCHANGE