APM Terminals Bahrain IPO

Start of trading: 9 December 2018
SICO acted as Mandated Lead Manager, Underwriter, Market Maker, and Participating Broker for the APM Terminals Bahrain IPO, a transaction recognized as Bahrain’s most successful public offering in over a decade.

The BHD 11.88 million IPO was 5.4X oversubscribed, attracting a broad and diversified investor base, including reputed family offices, international and regional asset managers, insurance companies, large corporations, and retail investors from across the region.
SICO oversaw the full IPO execution cycle:
Due diligence and transaction preparation
Appointment of key stakeholders such as the registrar, allotment agent, 
receiving bank, and paying agent
Drafting and coordination of all offer documentation
Submission of materials to regulatory authorities for final IPO approval
Download APMT Prospectus

The result: One of Bahrain’s most successful IPOs

Shares Offered
18mn
Offer Size
11.88 BD mn
Total Subscribers
800+
Overall subscription
5.4x
Retail Tranche
2.2x subscribed
Institutional Tranche
6.8x subscribed

IPO Applications by Nationality

Value of Applications Received
Number of Applications Received
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