The listing follows the company’s earlier approval by IFB’s Listing Committee, with the final decision granted on May 10, 2025. Tefarass had previously conducted a share subscription in November 2021 and was initially listed on the IFB’s base market.
Established in 2022 with authorization from Iran’s Securities and Exchange Organization (SEO), Persian Gulf Investment Bank is the country's first specialized investment bank dedicated to the oil, gas, and petrochemical sectors. Since its inception, the firm has played a role in over 50 projects across asset management, financial advisory, and capital raising.
With a registered capital of 15 trillion rials ($300 million at unofficial rates), the firm positions itself as a forward-looking financial institution supported by an experienced and specialized team, aiming to reshape Iran’s capital markets with a focus on energy-related investments.