The board of directors highlighted that for the first quarter of the year, they expect one of the planned share placements to be completed and which have been postponed due to market conditions “there things are going, and we also bring another share placement that we had in the pipeline, that is an important placement that we are happy about, but that will also depend on the market and the appetite of investors,” said Ariza.
Although the capital market has been depressed, BIVA has continued promoting so that more companies are encouraged to go public, for now they have around 100 companies in their BIVA 360 program, which is an accompaniment to show the benefits of being in the market. “If we think that 5% of them can arrive in the next few years, maybe in one or two, we will be happy,” said Ariza.
Arriving at a capital placement should not be seen as the end, but as the beginning of a financing, affirms Daniela Calleja, director of new issues of BIVA, for this reason they seek to break down the barriers so that companies, both small, medium and large , manage to finance themselves through the stock market.
Calleja explained that they have seen a lot of interest in companies that bill between 500 and 2,000 million pesos. “They were companies that did not turn to see the market before,” said the directive.
“There is also a great opportunity in all the companies that come from private capital, both in private equity and in venture capital,” said Calleja. In private capital they have identified around 50 companies, while in venture capital more than 35 that have the potential to go public, since they have raised more than 30 million dollars, and although they are aware of all the challenges of the ecosystem, they trust that in the future these companies take the step to go public.