Al Razi’s IPO on Nomu 2,320% covered at SAR 28/shr
- Date: 11-Jun-2023
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Al Razi’s IPO on Nomu 2,320% covered at SAR 28/shr
Logo of Al Razi Medical Co.
Al Razi Medical Co. completed offering 304,000 shares, or 20% of its capital, on Nomu-Parallel Market, where qualified investors fully subscribed to the shares on offer, TeamOne Co., the financial advisor on the initial public offering (IPO), said in a statement to Tadawul.