Logo of Dar Albalad for Business Solutions Co.
AlJazira Capital, the financial advisor, lead manager and underwriter, together with Emirates NBD Capital KSA, in their capacity as joint bookrunners, on the initial public offering (IPO) of Dar Albalad for Business Solutions Co., announced the successful completion of the book-building process for the Participating Entities tranche. 
In a statement to Tadawul, AlJazira Capital sais that the final offer price was set at SAR 9.75 per share.
The book-building process for the institutional tranche achieved a coverage of 66.6x of the total offer shares.
The company announced plans to sell 21 million shares on TASI, representing 30% of its SAR 70 million share capital, divided into 70 million shares with a nominal value of SAR 1 each, according to Argaam data.
The retail subscription is set to begin on Sunday May 10 and run for five working days till Thursday, May 14, 2026.
Logo of Dar Albalad for Business Solutions Co.
AlJazira Capital, the financial advisor, lead manager and underwriter, together with Emirates NBD Capital KSA, in their capacity as joint bookrunners, on the initial public offering (IPO) of Dar Albalad for Business Solutions Co., announced the successful completion of the book-building process for the Participating Entities tranche.
In a statement to Tadawul, AlJazira Capital sais that the final offer price was set at SAR 9.75 per share.
The book-building process for the institutional tranche achieved a coverage of 66.6x of the total offer shares.
The company announced plans to sell 21 million shares on TASI, representing 30% of its SAR 70 million share capital, divided into 70 million shares with a nominal value of SAR 1 each, according to Argaam data.
The retail subscription is set to begin on Sunday May 10 and run for five working days till Thursday, May 14, 2026.
