Here’s a look at receiving banks list for Alamar IPO

20/07/2022 Argaam
Logo ofAlamar Foods Co.

Logo of Alamar Foods Co.

Retail investors start, today, July 20, subscription to 1.06 million shares of Alamar Foods Co. at SAR 115 per share.

 

The price was determined through the book-building process.

 

According to data available on Argaam, Alamar offered 10.63 million shares in an IPO, representing 41.7% of its capital, which is divided into 25.5 million shares.

 

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

 

For More IPOs

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