Retail investors start today, July 27, subscription to 600,000 shares of Naqi Water Co. at SAR 69 per share. The price was determined through the book-building process.

 

The retail subscription period will run from July 27-28.

 

Naqi offered six million shares in an initial public offering (IPO), representing 30% of its SAR 200 million capital. The bottled water company allocated 90% of the offering shares to participating categories, with the remaining 10% to retail investors.

 

IPO Key Dates

Subscription period for retail investors

 

July 27-28

End of retail investors’ IPO

July 28

Final allocation

Aug. 3

Surplus refund (if any)

Aug. 4

Expected date for start of shares trading

Upon fulfilling all requirements and related regulatory procedures

 

For More IPOs 

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