Bulls GSYO Chairman Kemal Akkaya: "We Will Continue to Provide Capital Support to Innovative Ventures"
Bulls Girişim Sermayesi Yatırım Ortaklığı (Bulls GSYO) has initiated its trading journey on Borsa Istanbul, led by Kemal Akkaya. With a strong focus on providing capital support to innovative and visionary ventures, the company aims to leverage capital markets to evaluate promising investment opportunities. The proceeds from the public offering will enable Bulls GSYO to fund new investments, thereby contributing to the expansion of the entrepreneurship ecosystem by focusing on strategic projects.
📊 The Significance of the IPO Milestone
Bulls GSYO's recent public offering, conducted through the "Off-Exchange Sale - Fixed Price Book Building" method, culminated in February 2025, raising 883 million TRY. With 27.05% of the company’s capital now publicly traded, this achievement has fortified the company’s financial framework, steering it toward a new strategic direction. Chairman Kemal Akkaya underscores this pivotal step in enhancing corporate identity and sets ambitious objectives for bullish growth.
Strategic Investment Directions
Kemal Akkaya elaborates on the strategic deployment of the IPO proceeds toward fostering new investments. Specifically, 40% of the revenue is earmarked for the defense industry, supporting the advancement of domestic and national technologies. Moreover, 50% of the remaining funds will be strategically invested in diverse sectors.
Diverse Regional and Sectoral Investments
Emphasizing the importance of diversity, Bulls GSYO will channel funds into financial technologies and the energy sector, in addition to defense. These investments reflect the company's commitment to a wide-ranging strategic footprint.
Bulls GSYO plans to make astute investment decisions, such as capital increases and financial support for existing enterprises.
Growth and Strategic Acquisitions
With an eye on growth, Bulls GSYO will focus on acquiring both domestic and international companies. Their strategy also includes establishing new ventures, showcasing their commitment to utilizing raised funds effectively.
In the past three years, the company’s equity has soared from 185 million TRY to an impressive 3.25 billion TRY, a testament to their strategic acumen.
📅 Insights on the IPO Process and Company Outlook
Mahir Can Ereren, the Acting General Manager of Bulls Yatırım Menkul Değerler, confirms the successful completion of the IPO process. Upon attracting 171,190 investors, the company intends to capitalize on this momentum by developing new projects. Bulls Yatırım is poised to continue fostering capital market growth by underwriting IPOs from successfully emerging companies.
Who is Kemal Akkaya?
Born in Adana in 1974, Kemal Akkaya is a notable figure with a background in Business Administration. His career commenced in 1997 at Oyak Yatırım Menkul Değerler A.Ş. Transitioning from his managerial role in 2015, he became an angel investor, immersing himself in the entrepreneurship ecosystem. Today, he leads as the Chairman of the Board at Bulls Girişim Sermayesi Yatırım Ortaklığı (Bulls GSYO), guiding the company through its innovative trajectory.