Thndr Claps » EGY Claps » IPO Watch 👀 » Nahr Elkhair Starts Trading Tomorrow📊
61.5% of Nahr El Khair’s (KRDI) shares will begin trading on the EGX tomorrow, January 25th, 2022.
More Details🧐 KRDI will open tomorrow’s session at EGP 0.25/share, & will not be subject to price limit movements or intraday suspensions for its first trading session only.
Why is this Important🤔 The company’s capital grew from EGP 2 million in 2011 to EGP 200 million today, according to managing director Ahmed Elsayed.
Nahr El Khair is targeting EGP 130 million in sales in 2022, compared to EGP 87 million in 2021, a 50% year-over-year increase.
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