Marketing Home offering price set at SAR 85/share on TASI

Logo of Marketing Home Group Co.

Alinma Capital, the financial advisor, bookrunner, and lead manager for the initial public offering (IPO) of Marketing Home Group for Trading Co. (MHG), announced the successful completion of the book-building process for the participating entities tranche.

The final price of the IPO on the Main Market (TASI) was set at SAR 85 per share, with the offering oversubscribed 967 times, according to a Tadawul statement.

For More IPOs

A total of 960,000 ordinary shares will be allocated, representing 20% of the shares offered for retail subscription.

The retail tranche will begin on Aug. 19, ending on Aug. 20.