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Preparation for the Initial Public Offering & Corporate Infrastructure

We develop and implement initial public offering (IPO) strategies to provide growth capital for your company or to convert your shares into cash.

We work with leading investment banks and brokerage houses specialised in IPOs in Türkiye and in major international markets such as London, Frankfurt, Vienna and Amsterdam.
Through these strategic partnerships, we support our clients in accessing both local and global capital markets with the right structure and positioning.

Advantages of an IPO

Non-Repayable Capital Injection
Raising equity capital for the company and its shareholders without creating repayment obligations.

Institutionalisation and Scalable Growth
Building the governance and infrastructure required for sustainable, long-term growth.

Access to Capital and Accelerated Expansion
Creating new funding capacity to support organic and inorganic growth.

Healthier Balance Sheet
Reducing leverage and strengthening the company’s financial structure.

Removal of Personal Guarantees
Eliminating personal guarantee requirements for shareholders.

Partial Monetisation for Existing Shareholders
Allowing existing shareholders to partially realise their investments.

Reputation, Visibility and Brand Equity
Gaining recognition and prestige in domestic and international markets.

Enhanced Creditworthiness
Improving the company’s standing with banks, investors and other stakeholders.

Liquidity and Follow-on Offering Potential
Creating liquidity for shares and enabling secondary offerings that support long-term capital market presence.

IPO Process – Key Stages

Formation of the IPO Working Group
Establishing an internal IPO task force and aligning all key stakeholders.

Financial Statements and Audit
Preparing financial statements and initiating the independent audit process.

Articles of Association & General Assembly Resolutions
Amending the articles of association and securing the necessary shareholder approvals.

Valuation and Pricing
Determining the company’s equity value and defining the IPO price / price range.

Application to the Stock Exchange
Preparing and submitting all documentation required by the listing venue.

Regulatory Registration and Prospectus
Registering the shares with the Capital Markets Board, preparing and publishing the prospectus and offering circular.

Offering and Start of Trading
Completion of the book-building and allocation process; commencement of trading on the stock exchange.

ECB Global stands by your company at every stage of the IPO journey — from initial assessment to the first day of trading and beyond.

CMB Compliance & Corporate Governance (Regulation & Compliance)

A successful IPO requires full compliance with Capital Markets Board (CMB / SPK) regulations, including:

  • Preparation and submission of the CMB application file

  • Corporate Governance Compliance Report (KGUR)

  • Ongoing material event disclosures

  • Full alignment with Public Disclosure Platform (KAP) requirements

  • Establishment of Corporate Governance, Audit and Risk Committees

ECB Global guides issuers through these regulatory steps and helps embed a transparent, governance-driven capital markets profile.

Intermediary Institution & Allocation Strategy

Beyond selecting the right intermediary, the distribution strategy is critical:

  • Definition of demand collection methodology (retail, domestic institutional, foreign institutional)

  • Design of allocation tranches and investor segments

  • Price range determination and book-building strategy

  • Decision on whether price stabilisation (over-allotment / stabilisation transactions) will be used

We work closely with the intermediary institution to design an allocation and pricing strategy that balances market demand, liquidity and long-term investor base quality.

Pre-IPO Structural Readiness

Before going public, the company must complete key structural preparations, including:

  • Corporate identity and organisational design aligned with public company standards

  • Establishment of internal control and risk management functions

  • Structuring the Board of Directors with independent members in line with regulations

  • Definition of a clear dividend policy

  • Implementation of internal audit and compliance functions

ECB Global helps transform the company from a privately held structure into a public-market ready organisation.

Investor Relations Function

An Investor Relations (IR) department is mandatory for listed companies and is a cornerstone of long-term capital markets success.

This unit is responsible for:

  • Managing KAP disclosures and investor communications

  • Organising investor meetings, calls and presentations

  • Communicating the company’s sustainability agenda, financial performance and strategic objectives

ECB Global supports the design, setup and ongoing development of a professional IR function.

Roadshow & Investor Marketing

Effective investor engagement is a key success factor in any IPO. Our support typically includes:

  • Analyst meetings and briefings

  • Non-deal roadshows and ongoing investor outreach

  • Targeted visits to key institutional investors (domestic and international)

  • Development of a compelling equity story that clearly explains the company’s business model, growth strategy and value drivers

We help management teams communicate a clear and credible investment case to the market.

Post-IPO Obligations

Following the IPO, the company enters a new phase of ongoing obligations, including:

  • Regular financial reporting (quarterly, semi-annual and annual)

  • Continuous disclosure requirements on KAP

  • Corporate Governance Compliance reporting

  • Active shareholder relations and general assembly management

  • Ongoing interaction with the CMB and stock exchange within audit and supervision processes

ECB Global supports issuers in building the internal processes needed to meet these obligations consistently and efficiently.

Additional Requirements for International Listings​

For listings on markets such as London, Frankfurt or Amsterdam, additional requirements may apply, including:

  • Mandatory IFRS financial reporting and enhanced disclosure standards

  • Collaboration with international law firms and global coordinators

  • Additional approvals and structures for global offerings (GDR/ADR), where applicable

  • ESG and sustainability reporting expectations and related frameworks

ECB Global works with international partners to align your organisation with the regulatory and investor expectations of global capital markets.

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