‎SAR sets TASI IPO price range at SAR 43-45/share

‎SAR sets TASI IPO price range at SAR 43-45/share ‎SAR sets TASI IPO price range at SAR 43-45/share

​‎

The book-building process for SAR’s IPO will end on Feb. 5

Saleh Abdulaziz Al Rashed Sons Co.(SAR)set the price range forits potentialinitial public offering (IPO) on the Main Market (TASI) between SAR 43 and SAR 45 per share, ANB Capital, the financial advisor, bookrunner, underwriter and lead manager, said in a statement toTadawul.

Advertisement

The institutional book-building process will begin today, Feb. 1, 2026, and run through Feb. 5.

The IPO will be priced following the completion of the book-building process, after which the retail subscription will take place.

According to available data on Argaam, SAR plans to offer 5.58 million shares on TASI, representing 30% of its SAR 186 million capital, divided into 18.6 million shares with a nominal value of SAR 10 each.

The retail subscription period will start on Feb. 12, and run for four days until Feb. 17, with 30% of the total shares on offer allocated to individual investors.

 

The book-building process for SAR’s IPO will end on Feb. 5

Saleh Abdulaziz Al Rashed Sons Co.(SAR)set the price range forits potentialinitial public offering (IPO) on the Main Market (TASI) between SAR 43 and SAR 45 per share, ANB Capital, the financial advisor, bookrunner, underwriter and lead manager, said in a statement toTadawul.

The institutional book-building process will begin today, Feb. 1, 2026, and run through Feb. 5.

The IPO will be priced following the completion of the book-building process, after which the retail subscription will take place.

According to available data on Argaam, SAR plans to offer 5.58 million shares on TASI, representing 30% of its SAR 186 million capital, divided into 18.6 million shares with a nominal value of SAR 10 each.

The retail subscription period will start on Feb. 12, and run for four days until Feb. 17, with 30% of the total shares on offer allocated to individual investors.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement