Lumi Rental IPO: Subscription period, key dates

12/09/2023 Argaam

Lumi Rental IPO: Subscription period, key dates

Logo of Lumi Rental Co.

Retail investors will start today, Sept. 12, subscription to Lumi Rental Co.’s  1.65 million shares at SAR 66 a share.

 

The retail offering is limited to one day only. 

 

The company offered 16.5 million shares, or 30% of its capital, 10% of which were allocated to the retail investors and 90% were allocated to institutions. 

 

Key Dates of Subscription 

Retail Offering  

Sept. 12, 2023 

Final Date for Subscription  

Sept. 12, 2023 

Final Allocation  

Sept. 21, 2023 

Surplus Refunds 

Sept. 21, 2023 

Expected Date for Share Listing 

After completing all related regulatory approvals. 

 

For More IPOs

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