Elm IPO: subscription period, key dates
03/02/2022
Argaam Special

Logo of Elm Co.
Retail investors start, today, Feb. 3, subscription to 7.2 million shares of Elm Co., at SAR 128 a share.
Subscription period for the IPO will continue for four days until Sunday, Feb. 6.
The company is offering 24 million shares in an IPO, representing 30% of its capital, of which 30% was allocated to retail investors and 70% to institutional investors, according to data compiled by Argaam.
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Key IPO Dates |
|
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Subscription period for retail investors |
4 days from Thursday, Feb. 3 until the end of Sunday, Feb. 6 |
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End of retail investors IPO |
Feb. 6, 2022 |
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Final allotment |
Feb. 8, 2022 |
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Surplus repayment (if any) |
Feb. 10, 2022 |
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Expected date for the beginning of shares trading |
Upon fulfilling all requirements and related regulatory procedures. |

Related News
| Retail subscription for Elm IPO starts today |
Market Indices
TASI
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