The offer in brief
- AMMC approval: October 21, 2026.
- Price range: 125 to 143 dirhams per share; the final price is set after subscriptions close.
- Amount: 328.1 to 375.4 million dirhams, through 2,625,000 new shares (20% of the capital after the offer).
- Subscriptions: November 2 to 5, 2026, until 3:30 pm.
- Timetable: price set after subscriptions close, first trading planned for November 16, 2026.
New shares to fund growth
Jet Energy, a company specialised in solar energy, received approval from the Moroccan Capital Market Authority (AMMC) on October 21, 2026 to list on the Casablanca Stock Exchange. The company is issuing 2,625,000 new shares, which will represent 20% of its capital after the offer. The shares will be listed on the Principal F compartment.
A price set within a range
This is an open-price offer: investors subscribe within a range of 125 to 143 dirhams per share, and the final price is set when subscriptions close. The company will therefore raise between 328.1 and 375.4 million dirhams.
According to press analyses, this range values the company at 1.31 to 1.50 billion dirhams before the capital increase. Some observers questioned the profit multiples used: as with any IPO, read the information note carefully.
Timetable
| Step | Date |
|---|---|
| AMMC approval | October 21, 2026 |
| Subscription period | November 2 to 5, 2026 (3:30 pm) |
| Price and allocation | After subscriptions close |
| First trading day | November 16, 2026 (planned) |
How to subscribe
You subscribe through your bank or brokerage firm during the offer period. If you don’t have a securities account yet, see our guide to online brokers and our guide how to take part in an IPO.
Read the information note approved by the AMMC, available free of charge on its website, especially the risk factors. An IPO does not guarantee a gain.
Sources
This article is for information and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investing in shares involves a risk of capital loss. Check figures against official sources (Casablanca Stock Exchange, AMMC) and consult a licensed professional. Read the full disclaimer.
