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

21/12/2022 Argaam

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

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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