Sport Clubs sets price range at SAR 7-7.5 for TASI IPO

22/06/2025 Argaam
Logo ofSport Clubs Co.

Logo of Sport Clubs Co.

BSF Capital, the financial advisor, bookrunner, and underwriter of Sport Clubs Co.’s initial public offering (IPO) on the Main Market (TASI), announced the price range for the offering and the start of the book-building process.

 

The IPO price range was set between SAR 7 and SAR 7.50 per share.

 

For More IPOs

 

The final offering price will be determined after the completion of the book-building process. The retail subscription phase will follow, to which a total of 20% of the offered shares was allocated.

 

Sport Clubs is planning to float 34.32 million shares on TASI. These shares represent 30% of the company’s capital, according to Argaam data.

 

The book-building process for institutional investors will start today, June 22, until June 26 at 03:00 pm Makkah time.

 

The individual subscription period will run for one day on July 8.

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