Monlogistics Holding has made history in Mongolia's transportation and logistics industry by launching its IPO. So, what should you know about this IPO?

First, Monlogistics Holding is more than just a transportation company. It's a conglomerate with 9 subsidiaries offering a wide range of transportation services, including export, transit, e-commerce, and even operations in foreign countries. As of 2022, the company has achieved a substantial total revenue of 140 billion ₮, accounting for 7% of the industry's revenue.

When it comes to the financials, Monlogistics Holding has shown impressive growth. Its profit in the previous year surged by 5.7 times compared to 2017, reaching ₮9.7 billion. The company aims to triple its sales revenue to ₮428.6 billion and increase its profit by 3.4 times to ₮33.5 billion by 2027.

Regarding the IPO, Monlogistics plans to value its business at ₮73 billion and offers 15% available to the public. A share is offered at ₮185, and they aim to raise ₮11 billion in total. Additionally, 70% of the overall shares will go to strategic investors, with the remaining 30% being offered to the general public.

• 73/27: Most of the raised funds, 73%, will be invested in purchasing rolling stock, specifically 100 flat wagons, while the rest will serve as working capital.
• More: Mandal Capital Markets LLC is the main underwriter of the IPO. Furthermore, when it comes to distributing the primary market, all orders of 500 units or less will be met in full, and any surplus will be distributed fairly based on proportions.

In conclusion, participating in Monlogistics' IPO comes with perks like owning shares in 9 companies and receiving regular dividends. However, it's essential to consider the challenges in the Mongolian logistics industry before making a decision. You can still participate in the initial market trading for their IPO, which will run until this Friday.