Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Kazakhstan Stock Exchange  >  Kaspi Bank JSC    KSPI   KZ1C00001536

KASPI BANK JSC

(KSPI)
  Report
End-of-day quote. End-of-day quote Kazakhstan Stock Exchange - 10/24
4750 KZT   0.00%
10/08Kazakhstan's Kaspi valued at $6.5 billion in London IPO - bookrunner
RE
10/02Kazakhstan's Kaspi plans London listing for October
RE
09/25Kazakhstan's Kaspi revives London float plan
RE
SummaryChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Kazakhstan's Kaspi valued at $6.5 billion in London IPO - bookrunner

10/08/2020 | 03:49am EST
The Kaspi Bank logo in seen at the bank's branch in Almaty

(Reuters) - Banking and fintech firm Kaspi.kz's initial public offering on the London Stock Exchange will be priced between $28.50 and $33.75, giving it an implied market capitalisation of about $6.5 billion, a bookrunner said on Thursday.

Last month, the company, which controls the third-largest bank in Kazakhstan and operates a payments and ecommerce business, announced its listing plan, a year after it had abandoned the move.

According to the bookrunner, the total deal size of the offering will be between $742 million and $879 million.

Kaspi's popular mobile app, which is used by many retailers to sell goods through its marketplace and to accept payments, has made it a household name in the oil-rich Central Asian nation.

Kaspi had said it would also offer its shares on the Astana International Exchange. It is already listed on another local bourse, the Kazakh Stock Exchange, but the stock's free float is tiny with little trading activity.

Morgan Stanley and Citigroup are acting as joint global coordinators of the deal and, along with Renaissance Capital, are also joint bookrunners.

(Reporting by Aakash Jagadeesh Babu and Samantha Machado in Bengaluru; editing by Uttaresh.V and Krishna Chandra Eluri)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CITIGROUP INC. -0.68% 56.67 Delayed Quote.-29.07%
KASPI BANK JSC 0.00% 4750 End-of-day quote.0.00%
LONDON BRENT OIL 1.13% 48.24 Delayed Quote.-27.73%
LONDON STOCK EXCHANGE PLC 0.92% 7920 Delayed Quote.2.19%
MORGAN STANLEY 0.57% 63.84 Delayed Quote.24.88%
WTI 1.29% 45.54 Delayed Quote.-26.73%
All news about KASPI BANK JSC
10/08Kazakhstan's Kaspi valued at $6.5 billion in London IPO - bookrunner
RE
10/02Kazakhstan's Kaspi plans London listing for October
RE
09/25Kazakhstan's Kaspi revives London float plan
RE
09/24EXCLUSIVE : Kazakhstan's Kaspi may revive London float after Tinkoff deal- sourc..
RE
More news
Financials
Sales 2020 546 B 1 287 M 1 287 M
Net income 2020 273 B 643 M 643 M
Net Debt 2020 - - -
P/E ratio 2020 0,04x
Yield 2020 2 151%
Capitalization 9 744 M 9 744 M 23,0 M
Capi. / Sales 2020 0,02x
Capi. / Sales 2021 0,01x
Nbr of Employees 3 621
Free-Float -
Chart KASPI BANK JSC
Duration : Period :
Kaspi Bank JSC Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 24 683,78 KZT
Last Close Price 50,80 KZT
Spread / Highest target 52 111%
Spread / Average Target 48 490%
Spread / Lowest Target 46 392%
EPS Revisions
Managers
NameTitle
Mikhail Lomtadze Chief Executive Officer & Executive Director
Vyacheslav Konstantinovich Kim Chairman
Pavel Vladimirovich Mironov Deputy CEO & Chief Operating Officer
Tengiz Mosidze Deputy CEO & Chief Financial Officer
Nikolay Zinoviyev Non-Executive Director