Al-Fakhera IPO price range on Nomu set at SAR 5-6/shr

29/10/2024 Argaam
Logo of Al-Fakhera Men's Tailoring Co.

Logo of Al-Fakhera Men's Tailoring Co.

Yaqeen Capital, the financial advisor on the initial public offering (IPO) of Al-Fakhera Men's Tailoring Co. on Nomu-Parallel Market, set the price range at SAR 5-6 per share, according to a statement on Tadawul today, Oct. 29.

 

The book-building process for qualified investors will run from Nov. 3-11.

 

For More IPOs

 

According to data available with Argaam, the company planned to float six million shares on Nomu, representing 20% of its SAR 30 million capital, divided into 30 million shares, at a par value of SAR 1 each. After the IPO, these shares will account for 16.66% of the post-increase capital.

Poll

How do you see Al-Fakhera price range?

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.