OREANDA-NEWS.  elumeo SE (ISIN: DE000A11Q059) has been listed in the Prime Standard of the Frankfurt Stock Exchange since 3 July. A total of 1.725 million shares were placed in the IPO. The total issue volume, including greenshoe was approximately €43 million. The initial listing price was €25.00 the issue price was €25.00.

Société Générale and Baader Bank are global coordinators and joint bookrunners. Baader Bank acts as a designated sponsor and is the specialist.

According to information provided by the company, The elumeo Group, which has its headquarters in Berlin, is a leading European online retailer of gemstone jewelry, which is produced by the group in Thailand. Via a number of electronic distribution channels, including television, the Internet, smart TV and smartphone apps, the group offers its customers in Europe colored gemstone jewelry. The distribution model used relies exclusively on direct sales.