https://newsletter.en.creamermedia.com
Africa|Financial|Technology
Africa|Financial|Technology
africa|financial|technology

Optasia raises R6.5bn in IPO

31st October 2025

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

AI-powered financial technology (fintech) company Optasia has closed its initial public offering (IPO) of more than 342-million shares at a price of R19 each for a total of R6.5-billion, or about $375-million.

The offer generated significant interest in South Africa and internationally and was multiple times oversubscribed, the company says.

Further, based on a total of 1.24-billion ordinary shares in issue, the offer price implies a market capitalisation of R23.5-billion. The offer shares will represent 28% of the company’s total issued ordinary shares, it adds.

The settlement date for the offer and the admission date on which shares could be traded was November 4.

Optasia on October 8 announced its intention to list its ordinary shares on the JSE main board. It had proposed to undertake a primary issuance of R1.3-billion, or about $75-million, to support its growth organically and through future potential acquisitions.

Optasia had also proposed a secondary share sale from certain existing shareholders of at least R4.4-billion, or about $251-million, by way of a private placement to selected qualified investors.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Roytec Global (Pty) Ltd
Roytec Global (Pty) Ltd

Roytec Global is an international company specializing in liquid / solid and mineral separation technologies for the Mining and Industrial sectors.

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 28 November 2025
Magazine round up | 28 November 2025
28th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.138 0.231s - 166pq - 2rq
Subscribe Now