Sport Clubs (6018) Surges on TASI Debut—Stock Up 5% Early

SPORT CLUBS -0.57%
Tadawul All Shares Index -0.37%

SPORT CLUBS

6018.SA

8.70

-0.57%

Tadawul All Shares Index

TASI.SA

10414.06

-0.37%

Riyadh, July 22, 2025Sport Clubs Co. (Tadawul: 6018) officially commenced trading today on the Main Market (TASI) of the Saudi Exchange under the ticker Sport Clubs Co.(6018.SA) and ISIN SA56BG3IU118.

The listing marks the company’s debut on the Kingdom’s main equity market. Trading activity began this morning, and within the first 15 minutes, the stock recorded an intra-day high of SAR 8.18 and a low of SAR 7.59.

As of the time of this report, Sport Clubs Co. shares were trading at SAR 7.90, reflecting a gain of approximately 5.3% compared to the offering price of SAR 7.50.

For the first three trading days, shares will be subject to ±30% daily price fluctuation limits and ±10% static price fluctuation limits. From the fourth trading day onward, only the standard ±10% daily price fluctuation limit will apply, and static limits will be removed.

Key IPO Highlights

  • Retail Tranche:
    • 6.86 million shares allocated (20% of total offering)
    • 5.3 times oversubscribed
    • Allocation method: minimum of 10 shares per subscriber; excess distributed pro-rata
    • Subscription was completed in one day on July 8, 2025
  • Institutional Tranche:
    • Attracted 44.1 times oversubscription
  • Pricing:
    • Final offer price set at SAR 7.5 per share, at the upper end of the price range
    • Implied market capitalization: SAR 858 million
Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via