Underwriting

Sepehr Investment Bank has provided underwriting services for various securities, including stocks and debt securities. Underwriting in investment banks is mainly carried out through the establishment of a consortium. Underwriting of Ayandeh Bank stocks was carried out by an official consortium for the first in the country. In this consortium, Sepehr Investment Bank as the pioneer, and Amin and Novin Investment Banks as members of this group provided underwriting. A list of our customers for underwriting is as follows:

Underwriting of Stocks

• Middle East Bank
• Ayande Bank
• kharazmi Investment Company
• Sina Darou Laboratories Company
• Askariye Credit Institution

Underwriting of Debt Securities

• Kashan Municipal musharakah certificates
• The Ministry of Roads and Urban Development musharakah certificates
• Shiraz Municipal musharakah certificates
• Sina Darou Laboratories Company musharakah certificates
• Shiraz Metro 1 musharakah certificates
• Shiraz Metro 2 musharakah certificates
• Rayan Saipa Leasing Company Certificates of deposit
• Qom Municipal musharakah certificates