Egypt’s National Printing Sets IPO Price at $0.4 Per Share for 10% Stock Listing
Egypt’s National Printing company will sell shares to the public at $0.4 (or EGP 21.25) each as part of its plan to list 10% of its shares on the Egyptian Stock Exchange (EGX).
IPO Details
The company will offer about 21.2 million shares, which is less than the estimated value of $0.6 (EGP 28.3) per share. The IPO will be split into two equal parts:
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Half the shares (10.6 million) will go to Saudi investor Omran Mohammed AlOmran in a private deal.
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The other half (10.6 million) will be available for public purchase.
This sale is being made by current shareholders, including National Printing International Holding, Grandview Investment Holdings, and other smaller investors.
People can buy shares between July 27 and July 31. Trading will begin once regulators approve the listing. The company’s stock symbol will be NAPR.CA.
EFG Hermes is managing the offering, and Zulficar and Partners is acting as legal advisor.
National Printing’s managing director, Sherif El Moallem, said the IPO will help the company grow and explore new markets, both in Egypt and internationally.
Part of Egypt’s Privatization Plan
This IPO is part of Egypt’s broader plan to sell parts of state-owned companies. So far, Egypt has made 21 deals worth $6 billion in 11 different sectors, according to Prime Minister Moustafa Madbouly.
The government wants to attract more foreign investors and increase private sector involvement in the economy. The International Finance Corporation (IFC) is helping the government plan which assets to sell.
Egypt is also planning to let private companies manage several airports.
Looking Ahead
In 2025, Egypt aims to sell shares in at least 10 state-owned companies, including Wataniya, Safi, Silo Foods, and the Gabal El Zeit wind farm.
Published: 24th July 2025
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