Sahat Almajd looks to raise SAR 30.6 mn from Nomu float
The IPO price implies a market cap of SAR 275.6 mn at listing.
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The IPO price implies a market cap of SAR 275.6 mn at listing.
CMA also gave the nod to other debt and equity issuances by Bidaya Finance, EFSIM, and Khaled Dhafer
The company is taking 12.5% pre-IPO capital — good for up to 4.4 mn shares — to Nomu
The IPO pulled in SAR 1.6 bn in orders
The real estate player priced the IPO at SAR 13.50 a pop.
The developer priced the IPO top of the marketed range at SAR 14 apiece.
The company is set to have raised SAR 14.3 mn in proceeds, giving it a market cap of SAR 71.3…
Some 6.6 mn shares changed hands during the day, generating a total turnover of SAR 564.3 mn
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