IPAS Indexo AS is a privately owned investment management company based in Riga, Latvia, founded in 2017. The firm specializes in asset and investment management services, with a focus on state-funded pension scheme investment plans and private pension plans. In July 2022, IPAS Indexo conducted an Initial Public Offering (IPO) on the Nasdaq Riga stock exchange, raising €7.49 million. This IPO was notably oversubscribed, with total demand reaching €9.99 million. As of June 30, 2026, IPAS Indexo had a market capitalization of approximately €107.68 million and an enterprise value of about €93.93 million. The company reported revenues of €5.36 million for the last twelve months, but also recorded a net loss of €7.62 million during the same period. The current CEO is Henrik Karmo, and the company employs 122 people. Its legal address is Roberta Hirša iela 1, Rīga, LV-1045, Latvia. In addition to its existing services, IPAS Indexo plans to establish a new commercial bank in Latvia, aimed at extending its low-cost, customer-focused financial model to everyday banking services.
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IPAS "Indexo"'s offering is currently approved on OTHER. IPAS "Indexo" is headquartered in Latvia. It is classified under Finance.
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IPAS "Indexo" is listing on OTHER.
IPAS Indexo AS is a privately owned investment management company based in Riga, Latvia, founded in 2017. The firm specializes in asset and investment management services, with a focus on state-funded pension scheme investment plans and private pension plans. In July 2022, IPAS Indexo conducted an Initial Public Offering (IPO) on the Nasdaq Riga stock exchange, raising €7.49 million. This IPO was notably oversubscribed, with total demand reaching €9.99 million. As of June 30, 2026, IPAS Indexo had a market capitalization of approximately €107.68 million and an enterprise value of about €93.93 million. The company reported revenues of €5.36 million for the last twelve months, but also recorded a net loss of €7.62 million during the same period. The current CEO is Henrik Karmo, and the company employs 122 people. Its legal address is Roberta Hirša iela 1, Rīga, LV-1045, Latvia. In addition to its existing services, IPAS Indexo plans to establish a new commercial bank in Latvia, aimed at extending its low-cost, customer-focused financial model to everyday banking services.
European Securities and Markets Authority's Prospectus Regulation register — a prospectus approval date, not a confirmed listing date. Retrieved Aug 26, 2026.
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