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Capital market data

IPO/SPO

Review records of completed public offerings and the published privatisation timetable.

In this sectionIPO / SPOSubsections 04Collapse

Verified transaction history

IPO / SPO history

Completed public offerings verified against legal acts and official market results.

Completed offerings
9
2018–2026
Nine calendar years
  1. Completion or first day of secondary trading
    IPO

    UzNIF AJ

    Dual-market IPO completed. The domestic tranche raised UZS 214.61 billion; international gross proceeds were approximately US$603.6 million before exercise of the over-allotment option.

    UZSELexUZ
  2. Completion or first day of secondary trading
    SPO

    OʻzRTXB / UZEX AJ

    All 3,326,031 shares placed; demand reached 108%, raising UZS 42.9 billion.

    UZSEDavaktiv
  3. Completion or first day of secondary trading
    IPO

    Oʻzbekinvest EIIC JSC

    All 14,110,820 offered shares allocated; the offer was oversubscribed.

    UZSELexUZ
  4. Completion or first day of secondary trading
    IPO

    Oʻzbektelekom AK

    All 5,542,046 offered shares allocated; the offer was oversubscribed.

    UZSELexUZ
  5. Completion or first day of secondary trading
    IPO

    UzAuto Motors AJ

    784,703 of 2.7 million offered shares were placed (29.1%), raising UZS 56.9 billion.

    UZSELexUZ
  6. Completion or first day of secondary trading
    IPO

    Jizzax Plastmassa AJ

    397,659 of 1,140,246 offered shares placed (34.87%).

    UZSELexUZ
  7. Completion or first day of secondary trading
    SPO

    Kvarts AJ

    All 4,822,460 offered shares allocated; demand reached 101.40%.

    UZSELexUZ
  8. Completion or first day of secondary trading
    SPO

    Qoʻqon mexanika zavodi AJ

    All 2,236,452 offered shares allocated; demand reached 126.14%.

    UZSELexUZ
  9. Completion or first day of secondary trading
    IPO

    Kvarts AJ

    2,475,269 of 4,574,934 offered shares placed (54.11%). Uzbekistan’s first completed IPO.

    UZSELexUZ

Presidential Resolution PP-145 · 21 April 2025

2027–2028 offering timetable

Annex 2 timetable for announcing trading in the relevant companies’ shares.

Open PP-145

2027

  1. IPOOlmaliq KMK AJ
    First half
    H1
    State stake
    10–15%
  2. IPOOʻzbekiston milliy elektr tarmoqlari AJ
    First half
    H1
    State stake
    10–20%
  3. SPOOʻzbektelekom AJ
    Second half
    H2
    State stake
    10–15%
  4. IPOOʻzbekgidroenergo AJ
    Second half
    H2
    State stake
    15–20%

2028

  1. IPOHududiy elektr tarmoqlari AJ
    First half
    H1
    State stake
    20–25%
  2. IPOOʻztransgaz AJ
    First half
    H1
    State stake
    15–20%
  3. IPOUzbekistan Airports AJ
    First half
    H1
    State stake
    15–20%
  4. IPOHududgaztaʼminot AJ
    Second half
    H2
    State stake
    15–20%

These offerings are planned under PP-145; they have not been launched or completed. Dates refer to announcements of trading. The State Privatisation Commission may change the volume, structure or timing.