Mulkia Investment IPO price set at SAR 38/share on Nomu

17/10/2023 Argaam
Logo of Mulkia Investment Co.

Logo of Mulkia Investment Co.

AlJazira Capital, the financial advisor and lead manager on the potential initial public offering (IPO) of Mulkia Investment Co. on the Nomu-Parallel Market, stated that the offer price was set at SAR 38 a share, according to a Tadawul statement. 

The subscription period for qualified investors will run from Oct. 22-30. 

The company previously announced floating 1.3 million ordinary shares, representing 20% of its SAR 65 million capital, which is divided into 6.5 million shares, Argaam's data showed.

 

For More IPOs

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