Saleh Abdulaziz Al Rashed sets TASI IPO price range at SAR 43-45/share

01/02/2026 Argaam
The book-building process for SAR’s IPO will end on Feb. 5

The book-building process for SAR’s IPO will end on Feb. 5

Saleh Abdulaziz Al Rashed & Sons Co. (SAR) set the price range for its potential initial public offering (IPO) on the Main Market (TASI) between SAR 43 and SAR 45 per share, ANB Capital, the financial advisor, bookrunner, underwriter and lead manager, said in a statement to Tadawul.

 

The institutional book-building process will begin today, Feb. 1, 2026, and run through Feb. 5.

 

The IPO will be priced following the completion of the book-building process, after which the retail subscription will take place.

 

According to available data on Argaam, SAR plans to offer 5.58 million shares on TASI, representing 30% of its SAR 186 million capital, divided into 18.6 million shares with a nominal value of SAR 10 each.

 

The retail subscription period will start on Feb. 12, and run for four days until Feb. 17, with 30% of the total shares on offer allocated to individual investors.

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