TALCO IPO: Subscription period, key dates

28/05/2024 Argaam
Logo ofAl Taiseer Group Talco Industrial Co.(TALCO)

Logo of Al Taiseer Group Talco Industrial Co. (TALCO)

Retail investors will start today, May 28, subscription to Al Taiseer Group Talco Industrial Co.’s (TALCO) 1.2 million shares at SAR 43 apiece.

 

For More IPOs

 

The retail two-day offering will end on May 29.

 

The company offered 12 million shares, or 30% of its capital. Retail investors were allocated 10% of total offered shares, and institutions were allocated 90%.

 

Key Dates of Subscription

Retail Offering

May 28-29, 2024

Final Date for Subscription

May 29, 2024

Final Allocation

June 2, 2024

Surplus Refunds

June 2, 2024

Expected Date for Share Listing

After completing all related regulatory approvals.

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