{
  "id": 11002043,
  "title": "Dandy opens public subscription for shares ahead of QSE listing",
  "url": "https://urgent.news/2026/09/30/dandy-opens-public-subscription-for-shares-ahead-of-qse-listing",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T09:15:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/734499/business/dandy-opens-public-subscription-for-shares-ahead-of-qse-listing"
  },
  "original_language": "en",
  "account": "Dandy Limited has received permission from the Qatar Financial Markets Authority to sell 40% of its shares to the public at a price of QR5 per share. The opportunity for investors to buy these shares will be available from October 7 to October 20. The total number of shares being offered is 41.2 million, which is split into two groups. One group, called the institutional tranche, consists of 12.36 million shares, making up 30% of the total shares on offer. This portion has been set aside for institutional investors. The remaining 28.84 million shares, which account for 70% of the offer, will be made available to Qatari individuals and companies registered in Qatar as part of the public subscription process. An investigation involving 19 institutional investors, known as the book-building process, determined the share price to be QR5 per share, including QR0.01 for offering and listing fees. Subscribers will pay QR5.01 for each share. The total value of this offering is estimated at QR206.412 million. After the initial public offering, the original shareholders will keep 60% of the company's shares, which will be locked under the QFMA's offering and listing rules. This leaves 40% of the shares available for trading on the main market of the Qatar Stock Exchange.",
  "summary": "Dandy Limited (under conversion) has obtained approval from the Qatar Financial Markets Authority (QFMA) to offer 40% of its share capital for public subscription by investors at an offer price of QR5...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}