Nahdi IPO subscription period and timeline

13/03/2022 Argaam

Logo of Nahdi Medical Co.


Retail investors start today, March 13, subscription to nearly 3.9 million shares of Nahdi Medical Co. at SAR 131 each.

The book-building will run three days until March 15.

The medical services provider plans to float 39 million shares, or 30% of its capital amounting SAR 130 million, of which 10% was allocated for individuals and 90% for institutional investors.

Subscription Periods

Retail investors’ subscription

March 13 - 15, 2022

Deadline for individuals to submit applications and pay subscription value

March 15, 2022

Final allotment date

March 20, 2022

Surplus refund for all subscribers (if any)

March 23, 2022

Shares debut

After completing all requirements and relevant regulatory procedures

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