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Thndr Claps » EGY Claps » IPO Watch 👀 » Nahr Elkhair Releases Prospectus📑

Nahr Elkhair Releases Prospectus📑

by Shams Abbas
January 17, 2022

Nahr Elkhair (KRDI) has released its prospectus ahead of the start of trading, which is yet to be announced.

Details of the Listing🧐

  • Two billion shares will be listed at a par value of EGP 0.10/share & a fair value of EGP 0.25/share, according to independent financial advisor Osoul Arabia Financial Consultants.
  • A free float up to 61.5% of KRDI’s total capital.
  • KRDI will skip the IPO process as it has met the minimum percentage of shares to be listed as well as a minimum number of shareholders.
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