Entaj Stock Attracts Strong Investor Interest After Saudi Market Listing
Shares of Entaj (Arabian Agricultural and Industrial Investment Company) have attracted significant investor interest since their recent debut on the Saudi Stock Exchange (Tadawul), following a highly successful IPO.
Entaj offered 9 million shares, equivalent to approximately 30% of its total capital, at an IPO price of SAR 50 per share. Established in 2004, Entaj is one of Saudi Arabia's leading poultry production companies, holding a market share exceeding 7% and an annual production capacity surpassing 90 million birds.
The stock's strong initial performance demonstrates investor confidence in the company's growth prospects. Entaj plans to enhance its competitive market position by improving production efficiency and expanding its share in response to growing demand for poultry products.
- What was the IPO price per share for Entaj?
- How many shares were offered in the IPO?
- What is Entaj’s position in the Saudi poultry market?
- How has the Entaj stock performed since its market debut?
- What are Entaj’s future plans?
What was the IPO price per share for Entaj?
The IPO price was set at SAR 50 per share
How many shares were offered in the IPO?
9 million shares, representing approximately 30% of the company's total capital
What is Entaj’s position in the Saudi poultry market?
Entaj holds a significant market share exceeding 7%, producing over 90 million birds annually
How has the Entaj stock performed since its market debut?
The stock has performed positively since its listing, reflecting strong investor confidence
What are Entaj’s future plans?
Entaj aims to strengthen its market presence by increasing production efficiency and expanding its market share in the poultry sector