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Thndr Claps » Saudi Claps » IPO Watch 👀 » 11 IPOs on Tadawul in 2022 🚀

11 IPOs on Tadawul in 2022 🚀

by Omar El Shorafa
October 24, 2022

The Saudi Tadawul saw 11 IPOs this year, the most recent of which was Arabian Drilling, in which individuals subscribed to the IPO from 18 to 19 October.

Here is a list of the IPOs that the primary market witnessed this year, until October 24:

Company NameNumber of shares offered for subscriptionOffering Price (SAR)Share Price in SAR (as of October 24, 2022)
Arabian Drilling26,700,000100N/A
Naqi Water6,000,0006975.60
Al Amar10,633,392115151.60
Retal12,000,000120138.60
Saudi Home Loans30,000,0002020.28
Nahdi39,000,000131202
AlMasane AlKobra19,800,0006383
Al-Dawaa25,500,007384.60
Elm24,000,000128326.60
Scientific & Medical Equipment House6,000,0005273.70
East Pipes6,300,0008048.35

Follow what’s new in IPOs on our Thndr Claps Saudi Arabia website.

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