house.Russia will launch an IPO with 5% of securities

© изображение сгенерировано ИИ

Russian President Vladimir Putin has authorized the IPO of DOM joint stock company.The Russian Federation. The relevant decree has been published on the portal of legal acts.

5% of the securities will be used for the initial public offering. The state will retain its share in the joint-stock company in the amount of 50% plus one share.

«To allow the implementation of the procedure for increasing the authorized capital of the joint-stock company &DOM.The Russian Federation (Moscow) by placing additional ordinary shares by open subscription and acquiring the status of a public joint-stock company in accordance with the procedure provided for by Federal Law No. 208-FZ of December 26, 1995 On Joint-Stock Companies, ensuring the participation of the Russian Federation in the authorized capital of the said joint-stock company in in the amount of at least 50% plus one ordinary share," the decree says.

Also by decree of the President of the HOUSE.The Russian Federation will be included in the list of strategic enterprises and strategic joint-stock companies. The decree came into force on the day of its publication, May 30, 2025.

According to Russian Deputy Finance Minister Alexei Moiseev, the IPO is DOM.The Russian Federation is expected in November.