TCBS Securities completes IPO, raises 10,800 billion VND

(Dan Tri) - Along with TCBS, the IPO wave of financial institutions is also very bustling.

On September 19, Techcom Securities Company (TCBS) announced the results of its initial public offering (IPO).

Accordingly, at the end of the offering, the company successfully distributed 231.15 million shares to a total of 26,099 investors. Of these, 112.2 million shares were distributed to 26,014 domestic investors, while the remaining 109.9 million shares belonged to 85 foreign investors.

The IPO also resulted in 41,693 shares not being fully paid for because some investors did not pay enough money to buy them. This number was decided by the Board of Directors to be redistributed to Ms. Nguyen Thi Thu Hien, General Director and Member of the Board of Directors of TCBS.

With the offering price of VND46,800/share, TCBS raised VND10,818 billion, net income (after expenses) reached VND10,729 billion. The capital use plan is divided into two parts, of which 70% is for proprietary trading activities and 30% is for brokerage, margin trading and advance payment for securities sales.

At the end of the issuance, TCBS's charter capital increased from VND20,801.5 billion to VND23,133.08 billion. This is also the highest charter capital among securities companies in Vietnam today.

Regarding the shareholder structure after the IPO, 93.62% of the charter capital belongs to domestic investors, including 26,879 individuals and 19 organizations. Foreign investors hold 6.38% of the capital, with 61 organizations and 28 individuals participating.

Of which, Vietnam Technological and Commercial Joint Stock Bank ( Techcombank , stock code TCB) continues to be the largest shareholder, holding 79.82% of capital. TCBS Chairman Nghiem Xuan Minh ranks second with a 5.34% ownership ratio.

TCBS's shareholder structure after IPO (Photo: TCBS).

TCBS shares are expected to be officially traded on the stock exchange in October this year. The time from IPO to listing has been shortened compared to before.

The newly issued Decree 245/2025/ND-CP of the Government has shortened the time to list shares on the stock exchange to 30 days from the date of receiving valid documents, while removing barriers for foreign investors.

Along with TCBS, the IPO wave of financial institutions is also very bustling.

VPS Securities Joint Stock Company (VPS) has announced plans to hold an extraordinary general meeting of shareholders in October with the main content being to approve the IPO plan within the year. VPBank Securities Joint Stock Company (VPBankS) plans to IPO in the fourth quarter of this year.

Or KAFI Securities Joint Stock Company plans to increase its charter capital from 5,000 billion VND to 7,500 billion VND, and plans to issue 250 million shares to existing shareholders, which could earn 2,500 billion VND if the IPO is successful....

For the group of securities companies, IPO to mobilize capital is considered necessary in the context of the market size is expanding, liquidity each session up to billions of USD. Not to mention many parties have run out of "margin room", and need to mobilize to expand the scale of customer loans.

Along with that, the group of securities companies also participate in the new field of digital assets, and the condition to participate in this field is that the enterprise must have a minimum capital of 10,000 billion VND. Therefore, raising capital on the stock exchange through issuance and IPO is one of the tools that companies focus on in the current period.

Regarding the general IPO picture, according to experts, the period 2025-2030 will be a boom period for capital mobilization through the stock market in Vietnam. According to a prediction, in the period 2025-2027 alone, the total estimated value of new listings could reach 47.5 billion USD. Of which, the consumer group accounts for about 12.8 billion USD, the financial services sector more than 5 billion USD, technology about 4.7 billion USD, and the group of enterprises moving from UPCoM to HoSE contributes about 20 billion USD.

Source: https://dantri.com.vn/kinh-doanh/chung-khoan-tcbs-hoan-tat-ipo-thu-ve-10800-ty-dong-20250919170137923.htm