Initial Public Offering
This section of our website is designed to provide you with all the information related to the IPO of BinDawood Holding. We aim to ensure that everyone who is interested has the opportunity to find information on the company and the IPO process.
BinDawood Holding
BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 35 years of which are in grocery retail. BinDawood Holding has grown from a small trading business to one of the leading retailers in Saudi Arabia. Our success story has been driven by constant innovation and commitment to building long-term relationships with suppliers, partners and customers.
BinDawood
BinDawood Stores is one of the leading retail chains in the Kingdom of Saudi Arabia. It has 27 branches in major locations. BinDawood offers high quality products from all over the world, under different categories and at very competitive prices for its customers.
Danube
Danube Stores is one of the leading retail chains in the Kingdom of Saudi Arabia. It has 46 branches in major locations throughout the Kingdom of Saudi Arabia. Danube offers high quality products from all over the world, under different categories and at very competitive prices for its customers.
Expected IPO timetable
-
202013/09
Start of Participating Entities Book Building
-
202022/09
Close of the Entities Book Building
-
202006/10
Price Announcement
-
202008/10
Start of Individual Investors Subscription period
-
202012/10
Close of Individual Investors Subscription period
-
202015/10
Final allotment of share and notification of excess subscription monies (if any)
*20/10 Refund of excess subscription monies (if any)
* The shares trading commencement is expected to start after completion of all relevant legal requirments and procedures.
Key Documents
Prospectus
Price Range
Pricing
Listing
How to Subscribe
-
Step 1
Have an active current account
Ensure you have an active current account with one of the participating banks.
-
Step 2
Get more information about the Company
Visit ipo.bindawoodholding.com to get more information about the company and its public offering through the ITF and Prospectus.
-
Step 3
Discuss details with your Financial Advisor
Make an investment decision after looking at the Prospectus and discussing the details with your financial advisor.
-
Step 6
Monitoring Share Prices
The Company will list on Tadawul and changes in share price can be monitored on the exchange.
-
Step 5
Allocation of Shares
Once shares are allocated, you may or may not receive full allocation for your order. Any excess will be refunded to you.
-
Step 4
Subscribe to the Offering
Subscribe to the Offering, priced at the top of the range, by visiting one of the receiving banks or applying online or via their digital application.
Have an active current account
Ensure you have an active current account with one of the participating banks. (Bank A, Bank B, Bank C)
Get more information about the Company
Visit ipo.bindawoodholding.com to get more information about the company and its public offering through the ITF and Prospectus.
Discuss details with your Financial Advisor
Make an investment decision after looking at the Prospectus and discussing the details with your financial advisor.
Subscribe to the Offering
Subscribe to the Offering, priced at the top of the range, by visiting one of the receiving banks or applying online or via their digital application.
Allocation of Shares
Once shares are allocated, you may or may not receive full allocation for your order. Any excess will be refunded to you.
Monitoring Share Prices
The Company will list on Tadawul and changes in share price can be monitored on the exchange.
Syndicate banks
If you are interested to invest in BinDawood Holding, please see the following banks that are collaborating with in order to help investors & shareholders.
-
Goldman Sachs Saudi Arabia
Email Address: gssainfo@gs.com
Phone Number: 00 966 11 279 4800
-
J.P. Morgan Saudi Arabia Company
Email Address: BinDawood_JPM_Syndicate@jpmorgan.com
Phone Number: 00 966 11 2993800
-
GIB Capital
Email Address: customercare@gibcapital.com
Phone Number: 00 966 11 511 2200
-
NCB Capital
Email Address: ncbc.cm@alahlicapital.com
Phone Number: 00 966 11 874 7106
Frequently Asked Questions
The shares will be listed on the Saudi Stock Exchange (Tadawul).
All applications during the offer period will be treated, and allocated, equally.
Subscription to the Offer Shares is restricted to the following two groups of investors: (1) Participating Parties (any investor who is approved by the CMA) and (2) Individual Investors (Saudi Arabian nationals, GCC nationals and foreign residents in Saudi Arabia, with an active bank account or investments portfolio with one of the participating banks), are eligible to subscribe to the Offering.
The Offering’s final price will be set after the bookbuilding is complete.
If there is over-subscription, Individual Investors will get a refund.
Refunds of excess subscriptions will be carried out by National Commercial Bank and Al Rajhi Bank (as the Receiving Agents) no later than 1 October 2020 without any charges.
There will be no implementation of a lock-up period or restrictions on sale of your shares following listing.
You may direct your IPO-related enquiries to the Receiving Banks, and we also recommend directing your investment-related questions to your financial advisor or bank.
Details for the Receiving Banks are:
- National Commercial Bank contactus@alahli.com
- Al Rajhi Bank contactcenter1@alrajhibank.com.sa
Contact Us
Email Address:ipo@bindawood.com
