Techcom Securities Joint Stock Company recently announced its initial public offering (IPO) share price at 46,800 VND per share. This increases the company's charter capital to 23,113 billion VND from 20,801 billion VND.

Post-IPO, TCBS's valuation will exceed many long-standing listed companies like The Gioi Di Dong, Sacombank, ACB, Vietnam Airlines, Becamex IDC, and SSI. Its market value is also many times that of industry peers like VIX, VNDirect, HSC, and Vietcap.

TCBS leadership shared that the company aims for a market capitalization of 5 billion USD (approximately 131,500 billion VND). The company's shares are expected to be listed later this year.

TCBS anticipates raising 10,817 billion VND from the IPO. 70% of the proceeds (7,542 billion VND) will be invested in securities trading (including but not limited to stock and bond investments). The remaining 30% will be allocated to brokerage activities, margin lending, and pre-funding stock sales.

TCBS, a subsidiary of Techcombank, is 88.7% owned by the bank as of 30/6. The company currently holds the largest charter capital in the securities industry and has reported the highest profits for several recent quarters.

In Quarter II/2025, the company reported a pre-tax profit of 1,733 billion VND, a 7.6% increase compared to the same period last year. This is also the company's record profit.

As of 30/6, TCBS had approximately 33,805 billion VND in outstanding loans, a 30.4% increase and the highest to date. Margin loans accounted for 33,192 billion VND of this total.

Trong Hieu