Motorika may conduct an IPO in the spring of 2027. The engine prosthesis manufacturer is considering an IPO in the spring of 2026. The chairman of the company's board of directors, Andrei Davyduk, told RBC Investments about it on the sidelines of the 39th Smartlab conference in Moscow. "We continue to prepare at a good pace. We tune in and look closely at the spring window; We will make the final decision looking at the specific situation that will develop there," he said. The announced parameters of the deal, according to company representatives, remained unchanged. Motorika previously reported that it plans to raise 3–5 billion ₽, and the deal may take place in a 50/50: cash/cash format. The company plans to use the funds raised for mergers and acquisitions and R&D. In the summer, the company announced its intention to make an IPO this fall. When deciding on a location, Motorika will look at the activity in the market, explained Andrey Dovidyuk. "We do everything that depends on us. Revenues depend on us: revenue growth and EBITDA growth - we do it," he added. "We look at the market activity, and the market activity depends on the rate. While the rate remains at the current level, there is no activity. It seems to me that all the players are waiting for the rate to start falling so that funds can be transferred from the deposits to the market. Then the issuance activity will increase," said Sergey Kutsenko, Motorika's financial director. Photo: RBC Investments.

Motorika may conduct an IPO in the spring of 2027. The engine prosthesis manufacturer is considering an IPO in the spring of 2026. The chairman of the company's board of directors, Andrei Davyduk, told RBC Investments about it on the sidelines of the 39th Smartlab conference in Moscow. "We continue to prepare at a good pace. We tune in and look closely at the spring window; We will make the final decision looking at the specific situation that will develop there," he said. The announced parameters of the deal, according to company representatives, remained unchanged. Motorika previously reported that it plans to raise 3–5 billion ₽, and the deal may take place in a 50/50: cash/cash format. The company plans to use the funds raised for mergers and acquisitions and R&D. In the summer, the company announced its intention to make an IPO this fall. When deciding on a location, Motorika will look at the activity in the market, explained Andrey Dovidyuk. "We do everything that depends on us. Revenues depend on us: revenue growth and EBITDA growth - we do it," he added. "We look at the market activity, and the market activity depends on the rate. While the rate remains at the current level, there is no activity. It seems to me that all the players are waiting for the rate to start falling so that funds can be transferred from the deposits to the market. Then the issuance activity will increase," said Sergey Kutsenko, Motorika's financial director. Photo: RBC Investments.