Modern Mills IPO: Subscription period, key dates

05/03/2024 Argaam
Logo of Modern Mills Co. (MMC)

Logo of Modern Mills Co. (MMC)


Retail investors will start today, March 5, subscription to Modern Mills Co.’s (MMC) 2.45 million shares at SAR 48 apiece.

 

For More IPOs

 

 The retail offering will end on March 6.

 

The company offered 24.55 million shares, or 30% of its capital, 10% of which were allocated to retail investors and 90% to institutions.

 

Key Dates of Subscription

Retail Offering

March 5-6, 2024

Final Date for Subscription

March 6, 2024

Final Allocation

March 12, 2024

Surplus Refunds

March 18, 2024

Expected Date for Share Listing

After completing all related regulatory approvals.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.