Saat & Saat lists in Istanbul, raising 1.5B liras
What's the deal? Turkish watch retailer Saat ve Saat Sanayi ve Ticaret raised 1.5 billion Turkish lira (about $32 million) in its initial public offering on Borsa IstanbulDealroom has a profile for this one. Try Dealroom →. The company priced shares at US$11.4 apiece, with the offering running from July 6 to July 8, 2026.
Why now? The listing lands amid a busy stretch for Turkish capital markets, where investor demand for new issues has held firm. Sixteen companies listed on Borsa Istanbul in the first half of 2026, together raising US$5.01B.
What could go wrong? Recent debuts have been mixed. Some names, such as Netcad Yazilim and Savur Gayrimenkul Yatirim Ortakligi, traded above their offering prices, but second-quarter listings performed more weakly than first-quarter ones.
The signal: Turkey's IPO pipeline shows no sign of slowing. July brought further offerings from Beta Enerji ve Teknoloji and Isvea Seramik, and the Turkish Capital Markets Board has approved seven more — a sign the market should stay active in the months ahead.
Read more: ainvest.com
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