As many as 2.63 million retail investors injected SAR 21.77 billion to subscribe to 680.25 million shares of Saudi Aramco, Samba Financial Group's Deputy Chairman Rania Nashar said .
 

She added that 1.85% of investors submitted bids through phone banking, 24.76% through ATMs, 38.26% though internet banking and 35.14% through bank branches.
 

The retail offering will close on Thursday, Nov. 28.

 

Aramco IPO (Ninth Day)

Days

Number of subscribers (mln(

Funds raised (SAR bln)

Number of subscribed shares (bln)

Number of shares offered (bln)

Coverage ratio (%)

Fifth Day

1.82

14.59

0.46

1.00

46%

Ninth Day

2.63

21.77

0.68

1.00

68%

 

 

For more details about Saudi Aramco IPO

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