Ratio prices its Nomu IPO at SAR 10 apiece
Selling shareholders should raise some SAR 50 mn in IPO proceeds
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Selling shareholders should raise some SAR 50 mn in IPO proceeds
The IPO will initially be limited to institutional investors
The transaction would give the company a market cap of SAR 7.49 bn at listing
Arasco is the only selling shareholder
A five-day subscription period will kick off on Sunday, 16 February
Some 5 mn shares will be up for grabs
The investment bank sees more consumer-focused companies hitting the market this year
The brokerage is reportedly going to announce its price range on Sunday, 2 February
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