Shree Trading Company to Begin Trading on TASI Next Monday
RIYADH – Shree Trading Company shares will commence trading on the Tadawul All Share Index (TASI) next Monday, December 1, 2025, following a highly successful initial public offering (IPO). Funds from the offering will be deposited into the accounts of eligible shareholders today, Thursday, November 27, 2025.
The IPO, which concluded earlier this week, saw significant demand from both institutional and retail investors, underscoring strong market confidence in Shree trading. The offering involved 9 million shares, representing 30% of the company’s 300 million riyal capital, divided into 30 million shares with a nominal value of 10 riyals each. This listing provides investors with a new opportunity to participate in the growth of a key player in the Saudi Arabian market and expands the TASI’s sector diversity.
Institutional investors covered the allocated shares by approximately 85.6 times, demonstrating substantial interest from major financial institutions. Retail participation was equally robust, with 81,010 investors subscribing at the final offering price of 28 riyals per share, generating a total demand of approximately 326 million riyals – a coverage ratio of 647%.
To ensure broad participation, a minimum of 10 shares were allocated to each individual investor. Remaining shares were distributed proportionally based on the size of each investor’s request relative to the total remaining subscribed shares, utilizing an average allocation factor of 9.1%. the successful IPO and upcoming listing signal a positive outlook for Shree Trading Company and the continued development of the Saudi capital market.
