Entaj sets price range at SAR 46-50 for IPO on TASI

09/02/2025 Argaam
Logo ofArabian Co. for Agricultural Industrial Investments (Entaj)

Logo of Arabian Co. for Agricultural & Industrial Investments (Entaj)

Arabian Company for Agricultural & Industrial Investments (Entaj) set a price range for its initial public offering (IPO) on the Main Marlet (TASI) at SAR 46-50, according to the financial advisor and lead manager SNB Capital.

 

Entaj also announced the start of the book-building process for institutional investors as of today, Feb. 9. According to the prospectus, the book-building process and subscription period for participating entities will run until Feb. 13.

 

For More IPOs

 

Entaj plans to float nine million shares on TASI, representing 30% of the company’s SAR 300 million share capital, divided into 30 million shares, each with a nominal value of SAR 10.


The subscription period for retail investors will run from Feb. 26-27, with 900,000 shares allocated to the category.

 

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