SAR sets TASI offer price at SAR 45/shr

09/02/2026 Argaam
Logo ofSaleh Abdulaziz Al Rashed Sons Co. (SAR)

Logo of Saleh Abdulaziz Al Rashed & Sons Co. (SAR)

ANB Capital, financial advisor, lead manager, bookrunner and underwriter of the initial public offering (IPO) for Saleh Abdulaziz Al Rashed & Sons Co. (SAR) on the Main Market (TASI), announced completing the book-building process for the institutional tranche.

 

In a statement to Tadawul, the company said the final offer price was set at SAR 45 per share, with a coverage ratio of 67.7x.

 

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

 

The retail subscription period will start on Feb. 12, running for four days until Feb. 17, with 30% of the total shares on offer allocated to this tranche.

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