RIYADH: Saudi Alamar Foods has concluded its initial public offering’s retail subscription, raising SR847 million ($226 million). The fast food franchiser"s offering was 6.9 times covered after offering over one million shares to retail investors, the IPO financial advisor reported to the bourse. The share offer price was set at SR115, HSBC Saudi Arabia revealed in the statement. Alamar is a Saudi-based operator of two globally recognized restaurant brands, Domino’s Pizza and Dunkin’ Donuts. Alamar operates stores in 11 Middle Eastern, North African, and Pakistani countries.