Mufeed IPO on Nomu 515.5% covered

13/11/2024 Argaam
Logo ofMufeed Co.

Logo of Mufeed Co.


Value Capital, the financial advisor and lead manager for the initial public offering (IPO) of Mufeed Co. on the Nomu-Parallel Market, announced the offering's completion at a coverage ratio of 515.5%, according to the Saudi Exchange (Tadawul) website.

 

The IPO ran from Nov. 3-11.

 

For More IPOs

 

Value Capital will finalize the required procedures with Tadawul, before determining the listing date.

 

The offering price was set at SAR 77 a share.

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.