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×Brief
Company Status: | Listed |
Business Activity: | Iron rolling. |
Current Capital: | 50.000 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 20.000 % |
Offer Price (Riyal): | 17.000 |
Issue Volume (M Riyal): | 17.000 |
Premium: | 7.000 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 net proceeds, after the offering expenses estimated at ( SAR 2.50 million ), will be distributed on a pro-rata basis to selling shareholders. The company will not receive any share of these proceeds . |
Restrictions on Dealing in Shares: | The Existing Substantial Shareholders who own 5% or more of the Company’s shares may not dispose of any shares during a period of 12 months from the date on which trading of the Offer Shares commences on the Parallel Market ( Restriction Period ). After the said share restriction period has elapsed, the Securities Depository Center will lift the restrictions on those shares directly . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 6/21/2023 |
The minimum & maximum offering price: | 11/5/2023 |
Subscription End Date: | 11/13/2023 |
Allocation Date: | 11/16/2023 |
Distribution Date: | 11/20/2023 |
Listing Date: | 12/3/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Ahmed Hassan Ahmed Fetaihi | 0.715 | 14.30 % | 23.702 |
Haila bint Abdulaziz bin Abdullah Al-Anqari | 0.528 | 10.55 % | 17.487 |
Mai bint Hamad bin Mohammed Al Jasser | 0.528 | 10.55 % | 17.487 |
Maan bin Hamad bin Muhammad Al-Jasser | 0.482 | 9.64 % | 15.978 |
Noura bint Ibrahim bin Rashid Al Hamid | 0.282 | 5.63 % | 9.332 |
Advisors
Lead Manager: | Alinma Investment Company |
Underwriter: | - |
Financial Advisor: | Alinma Investment Company |
Legal Advisor: | - |
Auditor: | United Accountants Professional Consulting Company |
Receiving Bank: | Alinma Investment Company |
IPO results
Proceeds: | - |
Subscription Percentage: | 222.56% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Riyadh Steel Co.
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