RIYADH: The individual investor subscription period of Tadawul’s initial public offering has started on Tuesday.
The institutional side of Saudi Tadawul Group Holding Company’s initial public offering was 121 times oversubscribed generating an order book of SR458 billion ($122 billion).
The final offer price was set at the top of the range, at SR105 per share, on Sunday.
The market capitalization of the exchange stands at SR 12.6 billion as on the listing date, a statement issued by Tadawul said.
