‎Service Equipment sets Nomu IPO price range at SAR 80-84/shr

‎Service Equipment sets Nomu IPO price range at SAR 80-84/shr ‎Service Equipment sets Nomu IPO price range at SAR 80-84/shr

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Logo ofService Equipment Co.

The price range of Service Equipment Co.’s planned initial public offering (IPO) on the Nomu-Parallel Market has been set between SAR 80-84 per share, according to Yaqeen Capital, the financial advisor and lead manager of the potential IPO.

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According to data available with Argaam, the company intends to list 720,000 shares on Nomu, representing 30% of its 2.4 million shares capital.

The offering period will run for five days from April 13 until April 17, the company said in a statement on Tadawul.

 

Logo ofService Equipment Co.

The price range of Service Equipment Co.’s planned initial public offering (IPO) on the Nomu-Parallel Market has been set between SAR 80-84 per share, according to Yaqeen Capital, the financial advisor and lead manager of the potential IPO.

For More IPOs

According to data available with Argaam, the company intends to list 720,000 shares on Nomu, representing 30% of its 2.4 million shares capital.

The offering period will run for five days from April 13 until April 17, the company said in a statement on Tadawul.

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