Dandy IPO
Initial Public Offering (IPO) Summary and Frequently Asked Questions (FAQs)
Executive Summary
Offering: Offering of 41,200,000 fully paid ordinary shares, representing 40% of the share capital of Dandy Company Limited (Qatari Public Shareholding Company - Under Conversion).
• Retail Offering Tranche: 28,840,000 shares available to individual and corporate investors, following the allocation of 12,360,000 shares to institutional investors.
• Offer Price: QAR 5.01 per share, including the nominal value, share premium, and offering and listing fees of QAR 0.01 per share.
• Subscription Period: From 7 October 2026 to 20 October 2026, unless amended.
• Eligible Subscribers: Qatari nationals and legal entities established in Qatar holding a valid Commercial Registration issued by the Ministry of Commerce and Industry.
• Subscription Limits: Minimum subscription of 200 shares. Additional subscriptions must be in multiples of 50 shares. Maximum subscription of 5,150,000 shares per investor.
• Payment Method: Full payment is required upon submission of the application through direct debit from the designated account. Bank transfers, cheques, and cash payments are not accepted.
• Application Channels: Through branches and electronic channels before the subscription closing date.
• Allocation: Priority will be given to individual investors, followed by corporate investors from the remaining shares, with pro-rata allocation in the event of oversubscription.
• Refund of Excess Funds: Any excess subscription amounts are expected to be refunded to the account specified in the application within two weeks from the closing date.
Download the “Subscription Application Form for IPO Shares - Individual and Corporate Investors”
Frequently Asked Questions (FAQs)
1. Who is eligible to subscribe?
Qatari nationals and companies or legal entities established in the State of Qatar that hold a valid Commercial Registration issued by the Ministry of Commerce and Industry.
2. Can non-Qatari investors subscribe to the public offering?
No. The public offering tranche is not available to non-Qatari investors. However, following the listing, shares may be traded by both Qatari and non-Qatari investors in accordance with applicable laws and regulations, subject to an aggregate foreign ownership limit of 49%.
3. What is the subscription price per share?
The subscription price is QAR 5.01 per share, including offering and listing fees of QAR 0.01 per share.
4. When does the subscription period start and end?
The subscription period opens on 7 October 2026 and closes on 20 October 2026 at 11:59 PM, unless otherwise announced by the Company in accordance with applicable regulations.
5. What are the minimum and maximum subscription limits?
The minimum subscription is 200 shares, and any additional quantity must be in multiples of 50 shares. The maximum subscription is 5,150,000 shares per investor.
6. How is the subscription amount paid?
The full subscription amount must be paid upon submission of the application through direct debit from the bank account specified in the application. Cash payments, cheques, and bank transfers are not accepted.
7. Must the bank account be in the investor's name?
Yes. For individual investors, the account details must match the investor's personal bank account. For corporate investors, the account must be the primary account linked to the company's Commercial Registration.
8. Can I subscribe without a National Investor Number (NIN)?
Yes. An application may be submitted without a NIN, and a National Investor Number will be created in coordination between the Receiving Bank and Edaa.
9. What documents are required for an individual subscriber?
A true copy of a valid Qatari ID card.
10. What documents are required to subscribe on behalf of a minor?
A copy of the minor's birth certificate or valid identification card, a copy of the valid Qatari ID card of the father or legal guardian, and documentation evidencing parental authority or legal guardianship.
11. What documents are required for companies?
A copy of the Commercial Registration of the principal entity and a copy of the Qatari ID card of the authorized signatory.
Initial Public Offering (IPO) Summary and Frequently Asked Questions (FAQs)
Executive Summary
Offering: Offering of 41,200,000 fully paid ordinary shares, representing 40% of the share capital of Dandy Company Limited (Qatari Public Shareholding Company - Under Conversion).
• Retail Offering Tranche: 28,840,000 shares available to individual and corporate investors, following the allocation of 12,360,000 shares to institutional investors.
• Offer Price: QAR 5.01 per share, including the nominal value, share premium, and offering and listing fees of QAR 0.01 per share.
• Subscription Period: From 7 October 2026 to 20 October 2026, unless amended.
• Eligible Subscribers: Qatari nationals and legal entities established in Qatar holding a valid Commercial Registration issued by the Ministry of Commerce and Industry.
• Subscription Limits: Minimum subscription of 200 shares. Additional subscriptions must be in multiples of 50 shares. Maximum subscription of 5,150,000 shares per investor.
• Payment Method: Full payment is required upon submission of the application through direct debit from the designated account. Bank transfers, cheques, and cash payments are not accepted.
• Application Channels: Through branches and electronic channels before the subscription closing date.
• Allocation: Priority will be given to individual investors, followed by corporate investors from the remaining shares, with pro-rata allocation in the event of oversubscription.
• Refund of Excess Funds: Any excess subscription amounts are expected to be refunded to the account specified in the application within two weeks from the closing date.
Download the “Subscription Application Form for IPO Shares - Individual and Corporate Investors”
Frequently Asked Questions (FAQs)
1. Who is eligible to subscribe?
Qatari nationals and companies or legal entities established in the State of Qatar that hold a valid Commercial Registration issued by the Ministry of Commerce and Industry.
2. Can non-Qatari investors subscribe to the public offering?
No. The public offering tranche is not available to non-Qatari investors. However, following the listing, shares may be traded by both Qatari and non-Qatari investors in accordance with applicable laws and regulations, subject to an aggregate foreign ownership limit of 49%.
3. What is the subscription price per share?
The subscription price is QAR 5.01 per share, including offering and listing fees of QAR 0.01 per share.
4. When does the subscription period start and end?
The subscription period opens on 7 October 2026 and closes on 20 October 2026 at 11:59 PM, unless otherwise announced by the Company in accordance with applicable regulations.
5. What are the minimum and maximum subscription limits?
The minimum subscription is 200 shares, and any additional quantity must be in multiples of 50 shares. The maximum subscription is 5,150,000 shares per investor.
6. How is the subscription amount paid?
The full subscription amount must be paid upon submission of the application through direct debit from the bank account specified in the application. Cash payments, cheques, and bank transfers are not accepted.
7. Must the bank account be in the investor's name?
Yes. For individual investors, the account details must match the investor's personal bank account. For corporate investors, the account must be the primary account linked to the company's Commercial Registration.
8. Can I subscribe without a National Investor Number (NIN)?
Yes. An application may be submitted without a NIN, and a National Investor Number will be created in coordination between the Receiving Bank and Edaa.
9. What documents are required for an individual subscriber?
A true copy of a valid Qatari ID card.
10. What documents are required to subscribe on behalf of a minor?
A copy of the minor's birth certificate or valid identification card, a copy of the valid Qatari ID card of the father or legal guardian, and documentation evidencing parental authority or legal guardianship.
11. What documents are required for companies?
A copy of the Commercial Registration of the principal entity and a copy of the Qatari ID card of the authorized signatory.