Hardware FixRecommendedDevice not working? Your driver may be the problemCheck updates for common hardware issues.Fix DriversHalloween DealsAmazon USHalloween week deals: useful picks before month-endAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix Now×
Skip to content
World desk3 min

MNT-Halan Plans $150 Million IPO: What Egypt’s Biggest Offering Since 2021 Includes

MNT Tech Holding’s reported EGP 7.84 billion offer comprises 320 million shares at EGP 24.50, with separate public and private tranches.
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

MNT Tech Holding for Financial Investments has reportedly priced its Egyptian-business IPO at EGP 24.50 per share. The 320 million-share offer is worth EGP 7.84 billion—about $149–150 million—and is reported as Egypt’s biggest IPO since e-Finance’s 2021 offering, with the ranking depending on whether proceeds are compared in Egyptian pounds or dollars.

How big is MNT-Halan’s IPO?

Current reports put the offer at 320 million shares, representing about 20% of issued share capital, at EGP 24.50 each. That produces gross proceeds of EGP 7.84 billion, or approximately $149–150 million. The dollar figure is an approximate conversion; the Egyptian-pound amount is the reported offer value. Egypt Business reports the price and offer size, while EnterpriseAM characterizes it as the largest offer in dollar terms since e-Finance.

As an Amazon Associate I earn from qualifying purchases.

What does the “biggest since 2021” comparison mean?

The comparison is to e-Finance’s October 2021 offering, reported at EGP 5.84 billion. In local-currency terms, MNT Tech Holding’s reported EGP 7.84 billion offer is larger. Coverage also calls it the biggest in dollar terms since e-Finance, but a dollar-denominated ranking depends on the exchange rates and gross-proceeds measures used. It is best read as a description of the current reported comparison, not a timeless ranking that is independent of currency conversion. Egypt Business gives the e-Finance figure; EnterpriseAM reports the dollar comparison.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Which part of MNT-Halan is being offered?

The reported issuer is MNT Tech Holding for Financial Investments, which represents MNT-Halan’s Egyptian operation. The offer should not be treated as a listing of every business in the wider MNT-Halan group: reports say businesses outside Egypt remain within the private group. Arab News describes the offer as covering the Egyptian business.

Reports describe the shares as existing shares sold by the main shareholder. EnterpriseAM calculates an implied issuer value of about EGP 39.2 billion, or roughly $750 million, by applying the offer price to the share count and implied total shares. That is a derived estimate, not a separately announced company valuation. EnterpriseAM’s report provides the basis for the estimate.

That implied issuer figure is distinct from the broader group’s reported $1.4 billion valuation following the first close of a strategic investment round led by Al Ahly Capital in June 2026. The latter is a private-round valuation for the group, not the IPO issuer’s announced valuation. MNT-Halan’s company announcement reported the funding-round valuation.

How are the public and private tranches divided?

Tranche Reported shares Share of offer Approximate share of company Access information
Public offer 48 million 15% About 3% Thndr says individuals and legal entities in Egypt can place public-tranche orders through its service, with a 100-share minimum order.
Private placement Up to 272 million 85% About 17% Thndr’s help page directs private-placement orders through EFG Hermes. Reported minimums are EGP 5 million for high-net-worth individuals and EGP 10 million for financial institutions; confirm eligibility and definitions with the prospectus and intermediary.

The reported dates are October 7–15, 2026, for subscriptions, with the private placement closing October 13 and the public offer closing October 15. These dates and access terms can change; check the approved prospectus and current exchange notices before acting. Thndr’s IPO subscription information describes its public subscription route and private-placement instructions.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What should prospective subscribers verify?

Subscription mechanics are not a substitute for assessing the issuer or the terms. The available reporting does not provide enough prospectus detail or audited financial information to responsibly summarize MNT Tech Holding’s financial performance, risk factors, or use of proceeds. Read the FRA-approved prospectus and Egyptian Exchange notices for those details, final allocations, and any updated offer terms. Do not infer an expected return from the offer price or size.

  • Confirm the final offer price, share count, eligibility rules, and closing times against the approved prospectus.
  • Check whether your chosen intermediary accepts your order for the tranche you intend to use.
  • Look for exchange notices on final allocations and the start of trading; a trading date should not be assumed from the subscription dates.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More from the Wire

  1. World desk4 min
    How to Spot an AI Voice Scam Before Sending MoneyDon’t rely on how a caller sounds. Pause, call back through a known number, and verify the emergency with another trusted person before sending money.
  2. Mountain View desk4 min
    Google’s SynthID Detector: How to Check AI-Generated Images, Video and AudioGoogle’s SynthID Detector looks for an embedded watermark in supported images, video and audio. Here is what its results do—and do not—show.
  3. Redmond desk20 min
    How to create a link to File or Folder in Windows 11Windows 11 gives you several ways to point to a file or folder without moving or duplicating it. You can create a desktop shortcut,…
Recommended PC Tool
Recommended PC Tool
PC Slower Than It Used to Be?Free scan - under a minute
Outdated Drivers Are Slowing You DownFree scan - exact matches

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.