United International Holding Company (Ticker: UIHC AB) is a Saudi Arabian financial services firm specializing in Shariah-compliant consumer finance through its units, Tas’heel Finance and Procco Financial Services. The company plans to raise SAR 990 million (USD 264 million) in its initial public offering by selling a 30% stake at an offer price of SAR 132 per share, which is at the top end of the marketed price range. United International is scheduled to list on December 3, 2024, on the Saudi Stock Exchange (Tadawul).

The IPO, managed by HSBC Saudi Arabia as financial adviser, lead manager, and bookrunner, with EFG Hermes KSA as joint bookrunner, attracted strong demand, being oversubscribed 132 times with orders exceeding SAR 131 billion (USD 34.9 billion). The expected market capitalization at the offer price is approximately SAR 4.3 billion (USD 1.15 billion).