Capital Markets IPO Subscription Services
Introducing a simple and secure way to subscribe to IPOs
You can now seamlessly subscribe to the latest IPOs at your convenience without the need to visit a branch.
ADCB, as a Receiving Bank, presents you with an opportunity to subscribe to the ADNOC Drilling UAE Public Offering. ADNOC Drilling is the largest national drilling company in the Middle East by rig fleet size and the sole provider of drilling rigs to the ADNOC Group.
| First Tranche* | Second Tranche** | Third Tranche* | |
|---|---|---|---|
| Tranche size | 8% | 90% | 2% |
| Announcement of price range | 13-Sep-21 | 13-Sep-21 | 13-Sep-21 |
| Offering commencement | 13-Sep-21 | 13-Sep-21 | 13-Sep-21 |
| Closing of tranche | 23-Sep-21 | 26-Sep-21 | 23-Sep-21 |
| Announcement of final offer price | 27-Sep-21 | 27-Sep-21 | 27-Sep-21 |
| Subscription limits | Min: AED 5,000 (AED 1,000 increments) | Min: AED 1,000,000 | Min: AED 5,000 (AED 1,000 increments) |
| No Maximum | No Maximum | No Maximum | |
| Subscription period | 13 to 23 Sep 2021 | 13 to 26 Sep 2021 | 13 to 23 Sep 2021 |
| Tranche eligibility | Individual Subscribers | Qualified Institutional Subscribers | For ADNOC Group employees and retired UAE National employees |
| Other Investors | Qualified High Net Worth Individual Subscribers | ||
| Natural persons, companies and establishments who do not participate in Second Tranche | |||
| Eligibility criteria | To hold a NIN with ADX | Qualified Institutional Subscribers:
|
To hold a NIN with ADX |
Qualified High Net Worth Individual Subscribers:
|
*Except for residents of the United States within the meaning of the US Securities Act 1933, as amended.
**Tranche 2 subscription is not available through Abu Dhabi Commercial Bank.
To subscribe online, you must be an individual customer of ADCB above the age of 21. Other customers can visit the IPO participating branches to subscribe.
- ADCB Customer ID Number (CID)
- Registered Mobile Number with ADCB
- National Investor Number (NIN)
- ADCB active Current Account/Savings Account with sufficient balance (AED)
Please note that the online subscription service is currently only available for Tranche 1 and 3
For support with subscribing to all other tranches, please visit the ADCB collecting branch near you, contact your Relationship Manager or call 600 50 2030.General IPO Frequently Asked Questions
View the FAQs to find answers to commonly raised questions.Ways to reach us
Contact centre
Call our 24-hour contact centre on 600 50 2030.
Visit us
We will be happy to welcome you at any of our branches. Find the closest branch to you
