Borsa İstanbul, with the introduction of the Venture Capital Market (GSP), allows public companies to trade their shares on the stock exchange without going public and reach qualified investors for financing.The Venture Capital Market enables companies to secure the funding they need to grow through equity capital. Companies can issue shares via capital increases solely to qualified and institutional investors, allowing them to raise capital and list these shares on the Istanbul Stock Exchange.

Once companies start trading on the GSP, they are considered publicly traded, subject to Capital Markets and Exchange regulations. Following these steps that support institutionalization, companies can meet all the requirements for an initial public offering (IPO) and apply to offer their shares to the public.

Borsa İstanbul stated in an official announcement, “To enable companies that seek to raise capital from the capital market to secure funding through equity capital increases solely to qualified and institutional investors and to ensure that the relevant shares can be traded on our Stock Exchange, the Venture Capital Market (GSP) has been established.”

Companies looking to raise funds from the capital market will need to meet the necessary conditions outlined in Borsa İstanbul’s Listing Directive and prepare a prospectus approved by the Capital Markets Board (CMB) under the “Principles Regarding Joint Stock Companies to Be Traded on the Venture Capital Market” in accordance with CMB regulations. The shares issued will be sold to qualified and institutional investors through investment institutions and can only be traded among qualified and institutional investors on the GSP.

By facilitating early-stage financing for companies through the GSP, businesses can grow and institutionalize more efficiently, ultimately becoming ready for an IPO.

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Investment