The proceeds stand at 1.2 mln leva.
Sparky Eltos offered 300,000 shares (10% of capital), the price range was 45.70 to 55.50 leva/share.
The stock will be floated Thursday (February 21) and the code assigned to the issue is SPARKY.
The company expects this year's net profit to grow 3.7% to 9.074 mln leva (4.639 mln euros) at sales revenues in the amount of 62.312 mln leva (31.85 mln euros). 2009 profit is estimated at 11.648 mln leva (5.955 mln euros) and revenues at 77.583 mln leva (39.667 mln euros).
In a statement today the company said the prognoses will be achieved and thanked investors who bought shares for their trust.
Sparky is a manufacturer of forklift trucks and rough terrain trucks.
The company is a subsidiary of Sparky Group, which controls 90.25% of its capital. Sparky Eltos has three subsidiaries of its own – Prista Park, Sigma Plus and CPO Sparky.