If you are a qualified investor who is interested in participating in the private offering of the Bonyan IPO, then here’s everything you need to know. 

For more details about the IPO and public offering, please click here

Who is a qualified investor?

To participate in the private offering, you must meet the following criteria:

• Experience: At least 10 years of experience in investing, wealth management, or related fields such as banking or financial services.
• Assets: Own liquid assets, securities, or financial instruments worth at least EGP 5,000,000.

Key considerations before knowing the details

1. 15% of your shares in this private offering will be covered by a stabilization fund. Accordingly, If the stock price drops, you will have the option to return 15% of your shares within 30 days and recover your investment. Example: If you get 10,000 shares after the allocation, only 1,500 shares will be covered by the stabilization fund. 
2. While private offering investors typically face less oversubscription than in the public offering, allocation is still not guaranteed and is determined by the company’s shareholders and at their discretion. 
3. If you participate in the private offering, you cannot invest in the public offering through Thndr or any other brokerage.

Private offering details

*The fair value was determined by the company through a 5% discount on 2024 Price to Book ratio and a 10% discount on 2025 Price to Book ratio

How to participate in the private offering

Step 1: Confirm your qualification

If you meet the criteria of a qualified investor, fill in this form by 08 July 2025, 2 PM.

Step 2: Deposit funds

Ensure you have deposited the full order amount into your Thndr app wallet before placing your order and before 10 July 2025 12 PM. The minimum order value is EGP 1,000,000, and the option to subscribe with 4x your wallet balance is not applicable. 

Step 3: Fill in the order form

Fill in the order form before 10 July 2025 12 PM with the requested details:

• Number of shares you wish to purchase along your bid price
• Your selected bid prices must fall within the IPO price range

Step 4: Confirming order placement

Thndr will confirm that your order has been placed and will share updates once executed with the allocated quantity.

Step 5: Allocation and final pricing

Thndr will confirm your allocation (if successful) and the final IPO price will be announced on the 11 July 2025. Please note that allocation will not be based on pro rata and its discretionary by the IPO-ing company. 

Step 6: Settlement and refund

The subscription amount will be deducted once your order is fulfilled. Any remaining balance will be refunded to your Thndr wallet.

Additional notes: 

• Your allocated quantity will appear on your portfolio through the app after the public offering of the IPO is concluded, and the process will remain offline.
• The total order value will appear blocked in your Thndr wallet but won’t display as a pending order on the app.
• Standard fees will apply (details here). 
• A dedicated Thndr support representative will be assigned to you and guide you through the process. 

Still have questions?

If you’re unsure about any part of the process or need further clarification, contact us at [email protected] or through the in-app chat/call for assistance.