Stock
IPO
In 2018, Ard Credit NBFI registered its securities with permission from the Financial Regulatory Commission and the Mongolian Stock Exchange, and in February 2019, it made an IPO and offered its shares to the public for the first time. The company will collect 4.9 - 5.4 billion MNT funds as a public offering of 25 percent of its total shares or 70,000,000 shares, and 50 percent or 35,000,000 shares of the shares to be traded in the primary market will be sold to strategic investors at 70 MNT each, and the remaining 50 percent or 35,000,000 shares will be sold to strategic investors. They were offered to the public for 70-85 MNT each by order registration method. The main underwriter was Ard Capital LLC or now Ulzii en Co Capital LLC.
The primary market order took place between February 18 and March 1, and a total of 1,763 individuals and companies submitted offers to purchase securities worth 7.3 billion MNT, which is 299% more than the minimum withdrawal amount offered to the public. became an indicator.
Although most of the orders came at 85 MNT, Ard Credit NBFI and the underwriting company "Ard Capital LLC" took into account the rules of the Mongolian Stock Exchange and the return to investors, and the average exchange rate of 81 It was decided to set it in MNT.
Thus, Ard Credit NBFI became a public joint-stock company with more than 1,500 new shareholders.
Since then, Ard Credit NBFI has been included in the TOP-20 index of the Mongolian Stock Exchange and the I category of joint-stock companies every year, and has given its shareholders a total of 5.4 billion MNT in the form of dividends and 800 million MNT as a proportional incentive.
FPO
After consolidating the achievements of 5 years since the IPO, Ard Credit NFBI decided to issue additional shares to the public, working diligently to take the Company's development to the next level. In this way, we broke the wind of the 2024 Stock Exchange and held the drumming ceremony for the initial trading of additional shares in the hall of the Mongolian Stock Exchange.
The company plans to offer 30% of the total shares or 84,000,000 shares at a price of 106 MNT per share and collect a total of ₮8.9 billion. 20 percent of the withdrawal amount will be used for consumer loans, 30 percent for collateralized loans, and 50 percent for micro and small and medium business loans.
In the 12 years since the company was founded, the number of customers has exceeded 1 million, the company's assets have grown 143 times, reaching 71.5 billion ₮, and a total of 382.8 billion ₮ loans have been granted during this period. Since then, the open joint-stock company has been included in the TOP-20 index of the Mongolian Stock Exchange and in the I category of joint-stock companies every year, and has given its shareholders a total of 5.4 billion MNT in the form of dividends and 800 million MNT in proportional incentives.
As of the first half of 2024, the company has increased its capital to 83.7 billion ₮, its loan portfolio to 54.5 billion ₮, has more than 70 thousand borrowers, and has made a net profit of 1.5 billion ₮.
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