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Astra shares rose in price by almost 40% at the opening of trading on the Moscow Exchange



Shares of the Astra group rose in price by 39.79% to 651.7 rubles. at the opening of trading on the Moscow Exchange on October 16. As of 10:14 Moscow time, the securities cost 556.45 rubles. (+19.36%).

Marketplace announced on holding a discrete auction from 10:15 to 10:45 Moscow time.

Developer of the domestic operating system Astra Linux October 13 completed initial public offering (IPO) of shares on the Moscow Exchange at the upper limit of the previously announced price range – 333 rubles. for paper. Shareholders sold 10.5 million securities (5% of outstanding shares) for 3.5 billion rubles. Investors estimated the company’s market capitalization at RUB 69.9 billion.

Analysts called the IPO “extremely successful” – demand exceeded supply by 20 times. That is, investors collectively submitted applications for 70 billion rubles, which is equivalent to the company’s capitalization at the time of placement. The first transaction at the opening of trading took place at a price of 466.2 rubles, i.e., 40% higher than the IPO price. Until the end of the trading session, this price did not change.

Astra Group is one of the leading producers of infrastructure software. The Astra ecosystem includes 17 products, including the certified Astra Linux OS, the Brest virtualization suite, and Termidesk software for creating virtual desktop infrastructures.

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