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QInvest exends book building period for MEEZA IPO

MEEZA is a leading provider of end-to-end IT services in Qatar.
By TRENDS Desk
January 30, 2023 12:47 pm
  • Qualified investors will use this extension to finalize internal approvals and submit their orders
  • The purpose of the book building mechanism is to set the final Offer Share price for the IPO

Doha, Qatar:  QInvest, a Listing Advisor and Offering Manager on the potential initial public offering (IPO) of MEEZA, a leading provider of end-to-end IT services in Qatar, extended on Sunday the book building subscription period by 10 business days to end at 3:00PM local time on February 9.

Qualified investors will use this extension to finalize internal approvals and submit their orders.

During the book building subscription period, only Qualified Investors can review the details related to the IPO. 

The purpose of the book building mechanism is to quantify qualified investors demand based on the price range, in order to set the final offer share price for the IPO.

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