Here’s a look at receiving banks list for solutions by stc IPO
19/09/2021
Argaam
Logo of Arabian Internet and Communications Services Co. (solutions by stc)
Retail investors start, today, Sept. 19, subscription to 2.4 million shares of Arabian Internet and Communications Services Co. (solutions by stc), at SAR 151 a share.
The price was determined through book-building process.
Last week, the company completed the book-building process and set the initial public offering (IPO) price for institutional investors category. The institutional offering was 13,003% oversubscribed.
The list of the receiving banks for the IPO includes Saudi British Bank (SABB), Saudi National Bank (SNB), Al Rajhi Bank, Riyad Bank, Alinma Bank and Bank Albilad.
Related News
| Retail subscription to solutions by stc starts today |
| solutions by stc institutional offering 13003% oversubscribed, offer price set at SAR 151 |
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
ALRAJHI
63.20
(0.55)
(0.86%)
ALBILAD
23.24
(0.35)
(1.48%)
RIBL
19.96
0.25
1.27%
SAB
34.34
0.72
2.14%
ALINMA
24.36
(0.34)
(1.38%)
SOLUTIONS
103.10
(3.89)
(3.64%)
SNB
39.08
0.06
0.15%
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