Logo of Rasan Information Technology Co.
Retail investors started today, May 29, subscribing to 2.27 million shares of Rasan Information Technology Co., at SAR 37 each.
Subscription for the retail tranche will run for two days until May 30.
The company floated 22.74 million shares, or 30% of post-IPO capital, with 10% allocated for retail subscribers and 90% for institutions.
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IPO Key Dates |
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IPO Expected Timetable |
Date |
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Retail Offering |
May 29-30, 2024 |
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Subscription Deadline |
May 30, 2024 |
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Final Allotment |
June 4, 2024 |
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Surplus Refund (If any) |
June 6, 2024 |
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Expected Debut Date |
After fulfilling all requirements and finalizing approvals of competent authorities |
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