Company type | Subsidiary TSE: TMGD1 ISIN: IRO1TMGD0002 |
---|---|
Industry | Mining |
Founded | 2011 |
Founder | Ghadir Investment Company |
Headquarters | , |
Key people | Seyyed Abutorab Fazel (chairman) |
Products | Minerals |
Website | gimidco |
Ghadir International Industries and Mines Development Company (Persian: شرکت بینالمللی توسعهٔ صنایع و معادن غدیر) is an Iranian holding company that operates in the mining investment field. It is a subsidiary of Ghadir Investment Company, which was established in 2011 with registration number 408192 to specialize in investment and economic activity in mining and mining engineering.[1][2][3][4][5]
This company was established in 2011 with a capital of 13,000 billion Iranian rials as a holding company wholly owned by Ghadir Investment Company, with the aim of investing in the mining industry sectors.[6][7]
This company is active in the areas of exploration, extraction, and processing of metallic and non-metallic minerals, non-mining industries, and investment in the chain of mining and metal industries. Most of these holdings' subsidiaries are active in producing electric motors and sponge iron.[8]
Ghadir International Industries and Mines Development Company was accepted as the 597th company on the Tehran Stock Exchange. One billion and 295 million shares, equivalent to 7 percent of this company's shares, were offered on the Tehran Stock Exchange under the symbol "TMGD1".[9][10][11][12]