List of receiving entities for SMC IPO

Logo of Specialized Medical Co. (SMC)

Retail investors began today, June 15, subscribing to 15 million shares of Specialized Medical Co. (SMC) at SAR 25 per share, as determined through the book-building process.

The subscription period was initially scheduled for May 28–29 but was later postponed.

For More IPOs

SMC plans to offer 75 million shares, representing 30% of its SAR 250 million share capital. The company’s capital is divided into 250 million shares, each with a nominal value of SAR 1, according to data compiled by Argaam.

The receiving entities are Derayah Financial, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, Albilad Capital, AlJazira Capital, Alistithmar Capital, Alinma Investment, Yaqeen Capital, Alkhabeer Capital, SAB Invest, ANB Capital, Sahm Capital, and GIB Capital.