MainMarket in Brief

Delimobil Applies for an IPO

October 11, 2021, 13:23 (UTC+3)|

Car sharing service Delimobil has submitted registration documents for an IPO on the New York Stock Exchange,

The shares will be traded under the ticker DMOB. The price range and quantity that will be offered to investors have not yet been specified. BofA Securities Inc, Citigroup Global Markets Inc., VTB Capital, as well as Renaissance Securities, Sberbank CIB and Banco Santander were selected to organize the placement.

The fact that Delimobil is planning an IPO in the fall, following which it intends to raise $ 350 million, was reported by Reuters. For the first time this became known back in 2019. It was planned to use the raised funds to expand its presence in the regions and CIS countries.

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Earlier, Delimobil, one of the leading car-sharing services in Russia, announced the plans to go public this fall, raising around $350 million from investors. The first time this information appeared was in November 2019.

Original (in Russian)






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