Robyg’s initial public offering has concluded with a significant reduction in orders from retail investors, signaling strong interest in the Polish developer’s listing.
According to reports from Puls Biznesu, individual investors faced a 75% reduction rate on their subscription orders, despite being allocated only a small portion of the total offer.
1 billion PLN. This pricing was established after the company previously defined a maximum indicative range, anchoring the valuation at the higher end of market expectations.
The high reduction rate indicates that demand from private investors far exceeded the available supply in the retail tranche.
The shares began trading on the Warsaw Exchange following the final pricing of the deal.
Robyg set the issue price at 34 PLN per share, valuing the total offering at more than 1.1 billion PLN.
This pricing was established after the company previously defined a maximum indicative range, anchoring the valuation at the higher end of market expectations.