Dandy to begin trading on Qatar Stock Exchange on November 16

The Qatar Stock Exchange (QSE) announced the date of listing the shares of Dandy Company Limited (a Qatari public shareholding company) on the main market of the Qatar Stock Exchange, starting next Monday under the symbol (DNDY) within the services and consumer goods sector, raising the number of companies listed on the Qatar Stock Exchange to 56 companies.

In a statement today, the Qatar Stock Exchange (QSE) clarified that all 103,000,000 shares of Dandy will be listed, noting that 41,200,000 shares have been offered for IPO, representing 40 percent of the company's total capital, distributed as follows: 12,360,000 shares to investors approved under the legislation in force through the price building process, and 28,840,000 shares to retail and corporate investors within the IPO, and the founders will retain the remaining 61,800,000 shares.

The offer price was set at QAR 5.00 per share, of which QAR 1.00 represents the face value and QAR 4.00 represents the issuance premium, and the amount paid by the subscribers was QAR 5.01 per share, including the offering and listing fees, and on this basis, the market capitalization of the company at the time of listing is QR 515 million.

The Dandy's share offering price was determined through the "price build" mechanism, which is used for the first time since the entry into force of the Securities Offering and Listing Rules and Mergers and Acquisitions issued by the Qatar Financial Markets Authority (QFMA) last year.

The company's share price will be floated on the first listing day with no volatility limits, while from the second day the price will be allowed to fluctuate by 10 percent up and down, as will other listed companies, there will be no change in the trading session time for the listing day, and the pre-open time will remain the usual at 9:00 am.

Shares held by the founders will be subject to a prohibition period, whereby no founder or primary shareholder may sell any part of his or her original share during the first year commencing on the first trading day, and during the second year no sale may be made that would reduce the total ownership of the founders to less than 40 percent of the company's issued capital.

The company's shareholders' data will be available with brokerage firms as of Thursday, November 12, 2026, so that from that date, shareholders and investors can directly visit brokerage firms to place buy or sell orders, and in preparation for trading, investors should ensure that they have an investor number (NIN) with a depository company and an active trading account with a licensed brokerage, and make sure that their data is up to date.

Dandy's is a leading manufacturer and distributor of dairy, beverages and ice cream, offering more than 200 products in its main product categories, with dairy products at the core of the company's portfolio, a presence in the juice sector and its growing expansion in ice cream products, a facility for the manufacture of plastic bottles, customs clearance services to third parties, and the provision of private-label products.

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