Business Standard

Wednesday, December 25, 2024 | 09:29 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 14 - Saudi Aramco

How Aramco's huge IPO fell short of Saudi Arabia crown prince's wish

Aramco's journey from private to public company was an unwieldy and at times fractious deal-making process

How Aramco's huge IPO fell short of Saudi Arabia crown prince's wish
Updated On : 07 Dec 2019 | 11:59 PM IST

Saudi Aramco to be worth more than $2 trillion soon, says minister

The state-owned oil giant set the final price of its shares at $8.53, valuing the world's most profitable company at $1.7 trillion

Saudi Aramco to be worth more than $2 trillion soon, says minister
Updated On : 07 Dec 2019 | 1:25 AM IST

Saudi Aramco IPO: The biggest in history, but short of the $2-trn target

The listing, expected later this month on the Riyadh stock exchange, is a far cry from the blockbuster debut originally envisaged by the Crown Prince

Saudi Aramco IPO: The biggest in history, but short of the $2-trn target
Updated On : 05 Dec 2019 | 10:30 PM IST

HSBC to leapfrog Barclays as Aramco's debut to reshuffle equity rankings

Aramco alone will be enough to move HSBC up two spots to 10th place on the main league table tracking stock offerings in EMEA

HSBC to leapfrog Barclays as Aramco's debut to reshuffle equity rankings
Updated On : 04 Dec 2019 | 11:57 PM IST

Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports

A final pricing decision will be taken later on Wednesday by an executive committee overseeing the IPO that includes top government officials, Aramco executives and bankers

Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports
Updated On : 04 Dec 2019 | 10:30 PM IST

Saudi Aramco considers pricing at top to become world's biggest IPO

The Gulf energy giant has discussed pricing its IPO shares at 32 riyals apiece, after marketing them at 30 to 32 riyals each,

Saudi Aramco considers pricing at top to become world's biggest IPO
Updated On : 04 Dec 2019 | 5:08 PM IST

Saudi Aramco IPO institutional tranche oversubscribed more than twice

Although the IPO has received more than enough bids, the level of interest so far is relatively muted compared with other emerging market IPOs

Saudi Aramco IPO institutional tranche oversubscribed more than twice
Updated On : 02 Dec 2019 | 7:54 PM IST

Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital

The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion

Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital
Updated On : 29 Nov 2019 | 9:15 PM IST

India gears up for LPG shortage following attacks on Saudi Aramco

A shortfall in assured LPG supply from Saudi Arabia has created a huge booking backlog across states such as Maharashtra, Karnataka, Punjab and Goa

India gears up for LPG shortage following attacks on Saudi Aramco
Updated On : 28 Nov 2019 | 9:16 AM IST

Saudi chemical giant SABIC bets big on India to create future tech products

In March this year Saudi Aramco, the world's biggest oil company, agreed to buy a 70 per cent stake in SABIC

Saudi chemical giant SABIC bets big on India to create future tech products
Updated On : 25 Nov 2019 | 11:54 AM IST

Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya

The retail portion of the planned deal had received 10 billion riyals, it also said.

Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya
Updated On : 21 Nov 2019 | 10:45 PM IST

Saudi Aramco has received nearly enough early orders to pull off its IPO

Building early momentum is important in large equity offerings, as investors are encouraged to jump in when they see other institutions rushing to buy shares.

Saudi Aramco has received nearly enough early orders to pull off its IPO
Updated On : 20 Nov 2019 | 12:12 AM IST

Cabinet panel to soon take up proposal to pare majority govt stake in PSUs

BPCL will be a key to achieving the divestment target, of which only Rs 17,364 crore is met so far

Cabinet panel to soon take up proposal to pare majority govt stake in PSUs
Updated On : 19 Nov 2019 | 10:30 PM IST

Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn

The banks will be paid 35 basis points of the money raised, according to the three sources

Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn
Updated On : 19 Nov 2019 | 9:48 PM IST

Here's how Indians can invest in Saudi Aramco, the world's biggest IPO

Saudi Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering worth between $24 billion and $25.6 billion

Here's how Indians can invest in Saudi Aramco, the world's biggest IPO
Updated On : 19 Nov 2019 | 8:07 AM IST

Saudi Arabia's Sep crude oil exports fall 3% after Aramco refinery attacks

September crude output fell by 660,000 bpd to 9.129 million bpd, figures from the Joint Organizations Data Initiative (JODI) showed.

Saudi Arabia's Sep crude oil exports fall 3% after Aramco refinery attacks
Updated On : 18 Nov 2019 | 10:04 PM IST

Aramco banking on wealthy Saudis for IPO; banks easing lending regulations

The IPO once was promoted as the strongest sign of economic change in Saudi Arabia

Aramco banking on wealthy Saudis for IPO; banks easing lending regulations
Updated On : 18 Nov 2019 | 7:01 PM IST

World's biggest IPO: Saudi Aramco valuation falls below $2-trillion target

IPO share price out, valuing the company at up to $1.7 trillion

World's biggest IPO: Saudi Aramco valuation falls below $2-trillion target
Updated On : 18 Nov 2019 | 2:45 AM IST

World's biggest public offering: Saudi Aramco seeks $1.71 trn in valuation

The company is seeking to raise between $24 billion and $25.6 billion by selling a 1.5% stake, putting it close to Alibaba Group Holding Ltd.'s $25 billion deal

World's biggest public offering: Saudi Aramco seeks $1.71 trn in valuation
Updated On : 17 Nov 2019 | 10:18 PM IST

Saudi Aramco IPO: Here's how you can invest in world's biggest public offer

Over the past 10 years (since 2009) only a handful of leading oil & gas exploration companies have delivered stellar gains

Saudi Aramco IPO: Here's how you can invest in world's biggest public offer
Updated On : 14 Nov 2019 | 10:25 AM IST