Saudi Home Loans retail IPO: subscription period, key dates

27/03/2022 Argaam
Logo ofSaudi Home Loans Co.

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.

 

Key IPO Dates

Subscription period for retail investors

3 days, from March 27 to 29

End of retail investors IPO

March 29, 2022

Final allotment

March 31, 2022

Surplus repayment (if any)

April 6, 2022

Expected date for the beginning of shares trading

Upon fulfilling all requirements and related regulatory procedures.

 

For More IPOs 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.