Logo of Saudi Home Loans Co.
Retail investors start, today, March 27, subscription to three million shares of Saudi Home Loans Co. (SHL), at SAR 20 a share.
Subscription period for the IPO will continue for three days until Tuesday, March 29.
The company is offering 30 million shares in an IPO, representing 30% of its SAR 100 million capital, of which 10% was allocated to retail investors and 90% to institutional investors, according to data compiled by Argaam.
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Key IPO Dates |
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Subscription period for retail investors |
3 days, from March 27 to 29 |
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End of retail investors IPO |
March 29, 2022 |
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Final allotment |
March 31, 2022 |
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Surplus repayment (if any) |
April 6, 2022 |
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Expected date for the beginning of shares trading |
Upon fulfilling all requirements and related regulatory procedures. |
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