Sign In
×Brief
Company Status: | Listed |
Business Activity: | The company manufactures oud and incense, fresheners and related oils, as well as selling and marketing of cosmetics and sanitizers. |
Current Capital: | 16.25 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 25.38 % |
Offer Price (Riyal): | 49.00 |
Issue Volume (M Riyal): | 15.93 |
Premium: | 39.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | The qualified investor categories stipulated in the glossary of terms used in the regulations and rules of the Capital Market Authority (CMA) . |
Use of Proceeds: | The company intends to use the net proceeds of the offering to finance its expansion plan after deducting the offering expenses amounting to about SAR 1.14 million . |
Restrictions on Dealing in Shares: | Major shareholders will be subject to a 12-month lock-up period, during which they will be banned from disposing of their shares starting from the listing date on Nomu-Parallel Market. Major shareholders may dispose of their shares after the lock-up period without obtaining a prior approval from CMA . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 6/21/2023 |
The minimum & maximum offering price: | 9/10/2023 |
Subscription End Date: | 9/12/2023 |
Allocation Date: | 9/17/2023 |
Distribution Date: | 9/18/2023 |
Listing Date: | 10/2/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Badr Abdul Rahman Al-Dulaimi | 0.40 | 24.73 % | 20.83 |
Abdul Majeed Abdul Rahman Al-Dulaimi | 0.33 | 20.63 % | 17.38 |
Abdul Latif Abdul Rahman Al-Dulaimi | 0.17 | 10.30 % | 8.68 |
Mohammed Abdul Rahman Al-Dulaimi | 0.10 | 6.18 % | 5.21 |
Advisors
Lead Manager: | Derayah Financial Company |
Underwriter: | - |
Financial Advisor: | Team One Financial Consulting Co. |
Legal Advisor: | - |
Auditor: | Al Bassam & Co |
Receiving Bank: | Derayah Financial Company |
IPO results
Proceeds: | - |
Subscription Percentage: | 1983.63% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Intelligent Oud Company for Trading
Related News
iOud debuts on Nomu todayArgaam Special02/10/2023
iOud shares to debut on Nomu on Oct. 2Argaam28/09/2023
Qualified investors start subscription to iOud’s 325,000 shares todayArgaam Special10/09/2023
iOud prices IPO between SAR 46–49 per share on NomuArgaam04/09/2023
Intelligent Oud issues prospectus for 20% IPO on NomuArgaam02/08/2023
Intelligent Oud gets CMA approval to offer 20% stake on NomuArgaam21/06/2023
Call Request