Qatar's first IPO in 3 years offers 40%
Qatari company Dandy is offering 40% of its shares to the public following approval from the Qatar Financial Markets Authority, with the aim of listing its shares on the Doha Stock Exchange's main market. The offering is expected to begin on October 7, 2026, and run until October 20, at a offering price of 5 riyals per share, backed by strong demand from institutional investors. The offering includes 41.2 million shares with a total value of up to 206.4 million riyals, of which 30% is allocated to founding investors and 70% to Qatari individual and corporate investors. Upon completion of the offering, the founding companies will retain 60% of the capital, with 40% of the shares becoming freely tradable in the market.
Notice: This Is an AI-Generated Summary
Comments (0)