Inkab has announced the preliminary parameters of the IPO. This is stated in the company's message.
As part of the IPO, additional issue shares will be offered, the registration number of the issue and the date of its assignment 1-01-07856-G dated September 11, 2024, the registration date of the additional issue 03/31/2026, ISIN RU000A10CL72, trading code — INCB.
The IPO price range is set at 100 rubles to 110 rubles per share, which corresponds to the company's market capitalization in the range of 8 billion rubles to 8.8 billion rubles. excluding funds raised as part of the IPO.
The planned volume of the placement will range from 2 billion rubles to 2.4 billion rubles, the share of shares in free float after the IPO may be about 20-23%.
As part of the IPO, the current shareholder of the issuer, who owns a controlling stake, does not plan to sell his shares. He will retain a controlling interest in the authorized capital of the issuer.
The proposal provides for a stabilization mechanism of up to 1.8 million shares. This mechanism will be in effect for 30 calendar days from the date of the start of trading in shares.
In addition, a market maker services agreement is expected to be concluded, which will be effective after stabilization is completed to maintain stock liquidity for at least 90 days after the IPO. Information about its conclusion will be disclosed by the issuer additionally.
By now, as a result of early marketing, the company has already received indications of demand from institutional and large investors at prices within the announced price range.
The share placement price will be determined upon completion of the bid book formation process, which begins on June 16, 2026 and ends on June 23, 2026.
The start of trading in shares on the Moscow Stock Exchange is expected on June 24, 2026.
The Company and the shareholder have assumed obligations aimed at limiting the disposal of shares within 180 days after the completion of the IPO.
The shareholder and its affiliated companies additionally assumed an obligation aimed at limiting the alienation of shares at organized auctions after the end of the lockup, within 5 years from the date of the IPO.
In order to comply with the company's disclosed dividend policy, the shareholder assumed obligations to vote "for" the payment of dividends in the amount of at least 50% of the company's net profit according to IFRS reporting during the same period.
The funds raised during the IPO will be used by the company to reduce the debt burden of the Inkab Group of companies in order to optimize the financing structure.
Inkab Holding is a developer and manufacturer of optical and special cables. The company was founded in 2006. The production capacity is up to 100 thousand km of optical cable per year.
Production sites are located in Perm and the Far East.
Inkab LLC is the main operating company.
The net loss of Inkab Holding (TIN 5948073993) according to RAS for 2025 amounted to 16.394 million rubles against a profit of 50 thousand rubles a year earlier.
Inkab Holding's net profit under IFRS for 2025 fell 2.4 times to 80 million rubles from 193 million rubles a year earlier. Revenue decreased by 18% to RUB 4.998 billion from RUB 6.082 billion.
Revenue of Inkab LLC for the first quarter of 2026 according to RAS decreased by 22.9% to 985 million rubles. compared to 1.227 billion rubles a year earlier. EBITDA increased by 9.6% to RUB 286 million from RUB 261 million. Net profit amounted to 43.9 million rubles against a loss of 110.9 million rubles a year earlier.
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