Logo ofBasma Adeem Medical Co.
The price range of Basma Adeem Medical Co.’s initial public offering (IPO) on the Nomu-Parallel Market has been set between SAR 4 and SAR 4.4 per share, according to Yaqeen Capital Co., the financial advisor and lead manager of the potential IPO. 
The book-building process for qualified investors will run from Jan. 13 to 19, the company said in a statement on Tadawul.
According to data available with Argaam, Basma Adeem intends to offer 4 million shares. The offered shares represent 25% of the company’s pre-IPO capital of SAR 16 million (divided into 16 million shares) at a nominal value of SAR 1 per share.
These shares shall represent 20% of the company’s SAR 20 million post-IPO capital.
Riyadh-based Basma Adeem was founded in 2012 as a limited liability company before becoming a closed joint-stock Saudi company.
Logo ofBasma Adeem Medical Co.
The price range of Basma Adeem Medical Co.’s initial public offering (IPO) on the Nomu-Parallel Market has been set between SAR 4 and SAR 4.4 per share, according to Yaqeen Capital Co., the financial advisor and lead manager of the potential IPO.
The book-building process for qualified investors will run from Jan. 13 to 19, the company said in a statement on Tadawul.
According to data available with Argaam, Basma Adeem intends to offer 4 million shares. The offered shares represent 25% of the company’s pre-IPO capital of SAR 16 million (divided into 16 million shares) at a nominal value of SAR 1 per share.
These shares shall represent 20% of the company’s SAR 20 million post-IPO capital.
Riyadh-based Basma Adeem was founded in 2012 as a limited liability company before becoming a closed joint-stock Saudi company.
