Leen Alkhair’s IPO 116.21% covered, final offer price set at SAR 65/share

21/12/2022 Argaam
Logo ofLeen Alkhair Trading Co.

Logo of Leen Alkhair Trading Co.

Yaqeen Capital, as the financial advisor and lead manager on the initial public offering (IPO) of Leen Alkhair Trading Co. on Nomu-Parallel Market, announced the successful completion of the offering of 958,750 shares, representing 23.50% of the company shares.

 

Offering Details

Offering Price

SAR 65 per share

Coverage Ratio

116.21%

Number of Offered Shares

958,750

Percentage of Capital

23.50%

 

Yaqeen Capital will finalize the required procedures with the Saudi Exchange (Tadawul) and determine Leen Alkhair’s listing date on Nomu.

 

For More IPOs

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