Alcoholic Group Kristall, the parent company of KLVZ Kristall, has announced an IPO price range of ₽8-9.5 per share, which corresponds to the company's market capitalization of ₽7.4-8.6 billion. Company intends to place up to 125 million shares and raise approximately ₽1 billion to replace Western liquor producers that have left Russia. Applications for participation in the IPO will be collected from February 12 to February 22. Final offering price will be announced around February 26.
Alcoholic Group Kristall, the parent company of KLVZ Kristall, has announced an IPO price range of ₽8-9.5 per share, which corresponds to the company's market capitalization of ₽7.4-8.6 billion. Company intends to place up to 125 million shares and raise approximately ₽1 billion to replace Western liquor producers that have left Russia. Applications for participation in the IPO will be collected from February 12 to February 22. Final offering price will be announced around February 26. 
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