Bahrain’s Silah Gulf has captured investor attention with an IPO that flew off the shelves, raising BD 2.88 million ($7.64 million) and oversubscribed four times over.
The offering drew robust demand, with more than 64.9 million shares—valued at BD 11.42 million—chased by eager investors. Silah Gulf, which operates contact centers and delivers training, consultancy, and tech solutions across banking, telecom, and government sectors, offered 16.4 million ordinary shares, equating to a 30% stake in the company post-IPO. The shares were priced at BD 0.176 each.
The public offering ran from December 29, 2025, to January 26, 2026. Trading is set to kick off on the Bahrain Bourse on February 10, 2026, under the ticker SILAH, marking the next chapter for the company’s growth.
