Rasan's IPO period, key dates

Logo of Rasan Information Technology Co.

Retail investors started today, May 29, subscribing to 2.27 million shares of Rasan Information Technology Co., at SAR 37 each.

 

For More IPOs

 

Subscription for the retail tranche will run for two days until May 30.

 

The company floated 22.74 million shares, or 30% of post-IPO capital, with 10% allocated for retail subscribers and 90% for institutions.

 

IPO Key Dates

IPO Expected Timetable

Date

Retail Offering

May 29-30, 2024

Subscription Deadline

May 30, 2024 

Final Allotment

June 4, 2024 

Surplus Refund (If any)

June 6, 2024 

Expected Debut Date

After fulfilling all requirements and finalizing approvals of competent authorities

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