IPO WATCH- Dice Sport and Casual Wear announced yesterday (pdf) that its institutional offering was 3.1x oversubscribed, generating EGP 2 bn in demand. Ordinary shares on the EGX have been priced at EGP 22.60 following the successful conclusion of the book-building process. At the offer price, the company’s market cap stands at EGP 1.2 bn. According to the release, the offering will include 33.046 mn ordinary shares, including 28.089 mn shares for the institutional offering and 4.956 mn for the Egyptian retail offering. Subscription to the domestic offering will close on 7 November. EFG Hermes is sole global coordinator and bookrunner for the offering and Matouk Bassiouny is local counsel.