Czechoslovak Group IPO date announced!
The CSG listing on the stock exchange, which Michal Strnad announced on 14 January, now has a date. It will take place this Friday 23.1. This is one of the most significant moments in the history of the Czech capital market.
The group is targeting a valuation of around 25 billion EUR, with the price per share set at 25 EUR. The offering is expected to bring the company between 3.3 and 3.8 billion EUR, which will be used primarily for further global expansion and to strengthen positions in both the defence and civilian industries. Large institutional players, including funds such as BlackRock and Artisan Partners, have shown massive interest in the shares, which confirms high confidence in the holding’s future growth.
For retail investors
The primary subscription is mainly aimed at large financial institutions, but the shares will begin trading freely immediately after the market opens on Friday (9:00). In addition to Amsterdam, a listing on the Prague Stock Exchange is also expected within the Free Market.
We can also expect listings on platforms XTB, Trading 212 or IBKR. It will likely be available on IBKR first, as it is the only one with a direct connection to Euronext Amsterdam, so if you don’t have IBKR and want to own CSG among the first, I would consider opening an account. CSG will probably be listed on XTB and Trading 212 during Friday.
I have IBKR, so I’ll be ready for the IPO. I don’t know if I’ll buy shares immediately for long-term holding. Maybe just a small position for now. We’ll see if options become available; that would be interesting.
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What price will it start at?
Do we already know what the ticker will be?
From the perspective of the Czech capital market, this is truly an extraordinary event. An IPO of this size with global reach hasn’t happened here for a long time, and the mere participation of institutions like BlackRock shows it could be significant. It will also be very interesting to watch the first days of trading and see how the market reacts to a valuation around 25 billion EUR.