DUBAI, Oct 11 (Reuters) - Shares in utility Saudi Arabian developer ACWA Power International jumped 30% above its listing price on its Riyadh market debut on Monday.

ACWA's shares rose to 72.80 Saudi riyals ($19.41) in early trading, compared with the price at its initial public offering (IPO) of 56 riyals a share.

ACWA, responsible for building renewable projects in the kingdom, priced its IPO at the top of the range last month, successfully raising $1.2 billion from investors.

It was the kingdom's biggest public share sale since Saudi Aramco's $29.4 billion IPO in 2019.

($1 = 3.7503 riyals) (Reporting by Hadeel Al Sayegh; Editing by Edmund Blair)