AI Summary
Logo of Al Khuzama Trading Co.
Al Khuzama Trading Co. issued the prospectus for offering 422,400 shares on the Nomu- Parallel Market.
The offered shares represent 10.71% of the company's post-IPO capital (12% of pre-IPO capital), at SAR 10 per share.
The share sale will run from May 18-22.
The Capital Market Authority (CMA) approved in December 2024 Al Kuzama Trading’s application to register its shares for direct listing on Nomu.
Key background
Al Kuzama Trading was established in 2013 as a sole proprietorship in Riyadh. It was later transformed into a limited liability company and then into a joint-stock company in 2021. The company's current activities include establishing restaurants that sell a variety of food and beverages, as well as organizing upscale events, according to the commercial register.
Activities also include renovations to residential and non-residential buildings, restaurant services, and the activities of contractors providing catering services. Storage in warehouses, silos, and storage of grain, flour, and agricultural products, as well as dry food stores, are also provided.
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Company Profile |
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Company |
Al Khuzama Trading Co. |
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Market |
Nomu-Parallel Market |
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Core Activities |
Establishing and managing restaurants, and organizing events |
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Pre-IPO Capital |
SAR 35.20 mln |
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Post-IPO Capital |
SAR 39.42 mln |
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Pre-IPO Number of Shares |
3.52 mln |
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Post-IPO Number of Shares |
3.94 mln |
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Par Value |
SAR 10/share |
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IPO Summary |
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Issue Percentage |
10.71% of post-IPO capital (12% of pre-IPO capital) |
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Offered Shares |
422,400 |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
197,100 shares |
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Offer Period |
May 18-22, 2025 |
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Final Allocation |
May 27, 2025 |
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Surplus Refund (if any) |
May 29, 2025 |
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Company Shareholders |
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Shareholders |
Pre-IPO |
Post-IPO |
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No. of Shares (‘000) |
Ownership (%) |
No. of Shares (‘000) |
Ownership (%) |
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Khaled Ali Al-Hagbani |
1169.02 |
33.21% |
1169.02 |
29.65% |
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Ali Mubarak Al-Dosari |
682.90 |
19.40% |
682.90 |
17.32% |
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Sulaimaniyah Investment Group |
280.90 |
7.98% |
280.90 |
7.13% |
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Other shareholders owning <5% (26 shareholders) |
1387.19 |
39.41% |
1387.19 |
35.19% |
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Qualified investors |
-- |
-- |
422.40 |
10.71% |
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Total |
3520 |
100% |
3942.40 |
100% |
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Additional Information |
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Financial Advisor & Lead Manager |
Yaqeen Capital |
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Receiving Entities |
Derayah Financial, SNB Capital, Al Rajhi Capital, BSF Capital, Alinma Investment, Riyad Capital, Alistithmar Capital, Albilad Capital, ANB Capital, SAB Invest, Alkhabeer Capital, Sahm Capital, GIB Capital, AlJazira Capital |
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