Logo of Ratio Speciality Company for Trading (RATIO)
Ratio Speciality Company for Trading (RATIO) set the final initial public offering (IPO) price at SAR 10 a share, Amwal Financial, the financial advisor, said in a statement to Tadawul today, Feb. 2.
The offering will run from Feb. 16-20.
RATIO will float five million shares, or 25% of its total share capital, at a nominal value of SAR 1 apiece, to qualified investors on Nomu, Argaam earlier reported.
The company was established in 2018 and is located in Al-Ahsa. It has SAR 20 million in capital, divided into 20 million shares.
RATIO operates in the restaurants and cafes sector, franchise, supply chains, in addition to equipment supply and maintenance.
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