Iran Khodro

Iran Khodro Company (public joint stock) was founded in August 1962 and was registered in Tehran Registration Co. (Registration no. 8352, National code: 10100360794)
The company first started production of LP buses, the chassis of which were imported from Germany and assembled them in the current northern factory of Iran Khodr. In 1974, simultaneous with the increasing price of oil and exchange revenues, ‘Iran National’ chose to assemble Peugeot cars. It was in the same year that the company’s shares were introduced to Tehran Stock Exchange, giving up 45 percent of the shares to the public.

Company Profile
CEO: Hashem Yeke Zare
Year of foundation: 1962
Number of employees: 56,421 (2016)
Market Capitalization: 44,094.6 billion IRR (January 2018)
Symbol at TSE: IKCO
Floated shares: 36%
Total Revenue : 257,851,151 million IRR (2017)

7.03 billion USD1

Net Profit: 2,249,084 million IRR
Shareholders Percentage
Tadbir Sarmaye 15.23%
Industrial Development and Renovation Organization of Iran (IDRO 14.04%
Iran Khodro Invetment Development (IKIDO) 11.15%
Sepehr Iranian  Kish Investment company 10.63%
Civil Servants Pension Organization (C.S.P.O ) 4.98%
Negar Nasr Sahm 4.67%
Civil Pension Fund Investment Company 4.01%
National Investment Company of Iran 3.27%
Saba Ta’min Investment company 1.47%
The joint venture development of capital markets 1.30%
Industry and Mine Investment co. 1.23%
Salim Investment Company 1.11%
  Products Quantities (Number)
1 Arisan 15,607
2 Peugeot 426,610
3 Samand 102,479
4 Logan(L90) 45,784
5 Suzuki 2,655
6 RANA 12,344
7 DENA 28,122
8 Dongfeng 11,909
Total 645,510

1: Official exchange rate used on the date of publication; 1 USD equivalent to 36,670 IRR.