Dandy opens public subscription for its shares ahead of listing on QSE main market
Dandy Limited (Q.P.S.C.) (under conversion) has obtained the approval of the Qatar Financial Markets Authority (QFMA) to proceed with an offering of 40% of its share capital for public subscription by...
Dandy Limited has initiated a public subscription for 40% of its shares ahead of listing on the Qatar Stock Exchange's main market. The company obtained approval from the Qatar Financial Markets Authority to offer shares for subscription from October 7 to 20, 2026. The subscription price will be QAR 5.00 per share, including offering and listing fees.
The total shares offered amount to 41,200,000, divided into two tranches: 12,360,000 shares for institutional investors and 28,840,000 shares for Qatari individuals and entities. A book-building process, which included 19 institutional investors, determined the offer price. Following the initial public offering, the founding shareholder will retain 60% ownership, while the company's free float will be 40%.
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