The jewelry company Sokolov may conduct an initial public offering (IPO) in the third quarter of 2025, Interfax writes, citing the words of the company’s CEO Nikolai Polyakov.
Photo: Stankovskaya V./Retail.ru
Nikolai Polyakov emphasized that Sokolov is technically ready for an IPO, but is guided by market readiness.
“Based on the latest placements, we do not see any great demand, much hype, or much liquidity. Therefore, we assume that most likely it will be next year, most likely the third quarter,” Polyakov said.
The CEO also noted that the company was considering the possibility of a partial placement as part of a pre-IPO, but saw “more fuss than benefit.” The company considers raising 15 billion rubles to be an acceptable volume. According to Polyakov, Sokolov does not have a significant need to attract financing.
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