Mitteilung der Eleving Group:
Investors oversubscribed Eleving Group's IPO by 1.2 times
Professional and retail investors from the Baltic countries and Europe showed a lively interest in Eleving Group's initial public offering (IPO): a total of 4,515 investors subscribed to the company's shares for a total of 33 million euros, as the base volume of the offer was oversubscribed 1.2 times. This was the largest IPO in Latvia organized by a privately held company.
Eleving Group saw strong demand from both retail and institutional investors. Institutional investors, including funds and family offices in the Baltics and Western Europe, constituted 72% of the overall allocation of issued shares.
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