Here’s list of receiving banks for Elm IPO

03/02/2022 Argaam Special
Logo of Elm Co.

Logo of Elm Co.

Retail investors start, today, Feb. 3, subscription to 7.2 million shares of Elm Co., at SAR 128 per share. The price was determined through book-building process.

 

Elm offered 7.2 million shares, or 30% of its SAR 24 million share capital, to retail investors.

 

The list of the receiving banks for the IPO includes Saudi National Bank (SNB), Al Rajhi Bank, Riyad Bank, Arab National Bank (ANB).

 

For More IPOs

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