The deadline to submit bid forms for institutional investors, such as banks or hedge funds, is set for December 4, while the deadline for retail investors - which starts November 17 - is set for November 28. Aramco plans to sell 1.5% of its shares, in a deal which could raise up to $25.6bn.
Although the IPO has received more than enough bids, the level of interest so far is relatively muted compared with other emerging market IPOs, including the listing of a top Saudi bank in 2014 that was oversubscribed many times over.
Kuwait's government will invest as much as $1bn in the IPO as the kingdom asks regional allies to bolster the record share sale.
Saudi Arabia already said that they are going to offer 1.5 percent of the total stake to the public, out of which.5 percent will be for retail investors.
Saudi Arabia's Tadawul has introduced.TASI cap equity index of 15% set address concerns over the weight of oil giant Saudi Aramco will have when it lists on the stock.More news: Black Widows past comes to light in prequel: Watch new teaser trailer
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The retail tranche, which closed on that date, attracted bids worth 47.4 billion riyals, equivalent to around 1.5 times the number of shares offered.
"Any constituent whose index weight reaches or exceeds the threshold will be capped in accordance with the set limit", Tadawul said in a statement.
This agreement is the centerpiece of Crown Prince Mohammed bin Salman's plans to diversify the Saudi economy away from oil.
Aramco has received $44.3 billion in bids so far from institutional and retail investors for the IPO, lead manager Samba Capital said last week.
The organisation, which pumps nearly a third of global oil supply, sees oil consumption in 2023 reaching 103.9 million barrels per day (bpd), down from 104.5 million bpd in last year's report.