Dandy
Dandy manufactures and distributes dairy products, beverages and ice cream, and also supplies private-label products.
Dandy (Ticker: DNDY QD) manufactures and distributes dairy products, beverages and ice cream in Qatar. As of March 31, 2026, it offered more than 200 products across its main categories. It also supplies private-label products and operates a plastic packaging facility.
The IPO was priced at QAR 5.00 per share before fees; subscribers paid QAR 5.01 per share including offering and listing fees. Dandy is scheduled to begin trading on the Qatar Stock Exchange on November 16, 2026. The debut would make Dandy the first company to list on the exchange’s Main Market in 2026. The base offering comprises 41.2 million existing shares sold by the founders, representing 40% of Dandy; the founders retain 60%. The total offering size is QAR 206.00 million, approximately $56.59 million. The IPO implies a market capitalization of QAR 515.00 million, approximately $141.48 million.
The public subscription was oversubscribed. Dandy plans to expand its dairy, juice and ice cream businesses in Qatar and selectively enter regional markets. Maroon Capital Advisory LLC served as offering and listing adviser, and Qatar National Bank was the lead receiving bank.
Prepared with IPOX® AI assistance. Information may contain errors.
Prepared with IPOX® AI assistance. Information may contain errors.