The offering ran from 2-11 February 2026 but closed early on 6 February due to high demand, at the maximum price of 8.85 lei per share. Following the IPO, institutional investors including the European Bank for Reconstruction and Development (EBRD) and NN Pensii entered the shareholding structure with stakes exceeding 5% each.

The retail investor tranche was oversubscribed by more than 5800%, prompting Electro-Alfa International to increase the retail allocation from 10% to 15% of the total offering. The market capitalisation after the IPO is approximately RON 1.67 billion (€327 million).

Gheorghe Ciubotaru, Founder and President of Electro-Alfa International, said: "The fact that institutions like EBRD and important pension funds like NN Pensii chose to invest in Electro-Alfa International represents strong validation of our journey."

Victoria Zinchuk, EBRD Head of Office, Romania, commented: "Our partnership with Electro-Alfa marks an important stage in consolidating the industrial sector and capital market in Romania. We are proud to support a company that combines solid engineering expertise with a strong vision for growth, innovation and modernisation."

The shares will be listed on BVB under the symbol EAI around 3 March 2026. Funds raised will support the company's growth strategy, including strategic acquisitions, capacity development, energy production and storage investments, innovation, international expansion, and working capital for major projects.