Shree Trading IPO Sees Massive Individual Investor Demand, Allocation Reduced
Riyadh, saudi Arabia – The initial public offering (IPO) of Shree Trading Company has drawn overwhelming interest from individual investors, with subscription levels reaching 647% of shares allocated to this category.This surge in demand has prompted a reduction in the total shares available to participating categories, now set at 7.2 million shares, representing 80% of the total offering.
The strong demand underscores robust investor confidence in Shree Trading as it seeks to list on the Saudi stock exchange (Tadawul). the company offered 9 million shares,constituting 30% of its 300 million riyal capital,divided into 30 million shares with a nominal value of 10 riyals each.Individual investors subscribed to 1.8 million shares at 28 riyals per share – a price persistent through a book-building process – on November 12th and 13th, 2025. A minimum of 10 shares will be allocated per individual investor, with final allocations based on order size relative to total demand, resulting in an average allocation factor of 9.1%.
Institutional investor demand has also been notable, with the portion of the offering allocated to institutions covered approximately 85.6 times. The reduction in shares available to participating categories reflects the high overall subscription rate and aims to ensure equitable distribution amongst investors.