IPO of Mosgorlombard may take place in November-December of this year, the general director of the company Alexey Lazutin has announced. Company expects to place from 10% to 20% of shares of the additional issue depending on the final valuation and demand at the time of the IPO. As a result of the offering, it is expected to raise from ₽500 million to ₽1 billion. Funds will be used to create an online platform for the resale of things and increase the network of pawnshops.