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Confidential Source•Dec 8, 2025
Cash Plus IPO Rocks Casablanca Exchange with 64x Oversubscription, Valued at MAD 4.9 Billion
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On December 16 2025, the Casablanca Stock Exchange celebrated its 80th listed security as Société Générale des Travaux du Maroc (SGTM) debuted with a historic initial public offering. The IPO attracted more than 171,000 investors, generated an oversubscription of 34.1 times, and raised MAD 5.04 bill...

The SGTM initial public offering, closed on December 8, attracted almost 173,000 investors and generated demand of MAD 171 billion – 34 times the amou...

The initial public offering (IPO) of Moroccan fintech giant Cash Plus has achieved unprecedented success on the Casablanca Stock Exchange, with demand...