Chairman of the National Securities and Stock Market Commission: By the end of my term, there will be five IPOs and SPOs. Ukrposhta may be the first to go public

Ruslan Magomedov, Chairman of the National Securities and Stock Market Commission, aims to have five well-known issuers in Ukraine by the end of his term (23 February 2027). Most likely, it may not even be an IPO, but an SPO (secondary public offering). He said this in an interview with Interfax-Ukraine.

‘It can be not only private business. I’m talking about Ukrposhta, for example. We are in dialogue with CEO Ihor Smіlіanskyi on this topic. I think this SPO has great chances because people definitely have an appetite for investment,’ said Ruslan Magomedov.

According to him, pension funds need to invest somewhere other than government bonds and bank deposits. ‘Ukrposhta is a clear service, and the CEO’s idea is not just to compete with Nova Poshta, but to make a Ukrainian Amazon: with a settlement part, delivery service, modernised IT, etc.

He also added that state-owned banks would be considered for an IPO or SPO. Perhaps even Ukrzaliznytsia: ‘No one is saying that the state should give away everything. No, we are talking about a minority stake. This just adds to the so-called reliability of the state-owned company. I’m sure that if Ihor Smіlіanskyi makes an SPO, it will be bought, there will be no other options. Then someone else from the corporate business will come running and also want to release it. This is how it works.’

The NSSMC Chairman stressed that the key task for the NSSMC today is to attract responsible issuers and create clear, simple steps for public issues.