RATIO’s IPO priced at SAR 10/shr on Nomu

09:35 AM (Mecca time) Argaam
Logo ofRatio Speciality Trading Co. (RATIO)

Logo of Ratio Speciality Trading Co. (RATIO)

Ratio Speciality Trading Co. (RATIO) set the final initial public offering (IPO) price on the Nomu-Parallel Market at SAR 10 a share, Amwal Financial, the financial advisor, said in a statement to Tadawul today, Feb. 2.

 

The offering will run from Feb. 16-20.

 

For More IPOs

 

RATIO will float five million shares, or 25% of its total share capital, at a nominal value of SAR 1 apiece, to qualified investors on Nomu, Argaam earlier reported.

 

The company was established in 2018 and is located in Al-Ahsa. It has SAR 20 million in capital, divided into 20 million shares.

 

RATIO operates in the restaurants and cafes sector, franchise, supply chains, in addition to equipment supply and maintenance.

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