AI Summary
Logo of Naf for Feed for Industry Co.
Naf Company for Feed for Industry issued today, May 25, the prospectus to float 400,000 shares, or 20% of capital, on the Nomu-Parallel Market.
The company’s current capital amounts to SAR 20 million, divided into two million shares at a par value of SAR 10 each.
The share sale will run from June 22-26.
The Capital Market Authority (CMA) approved, in March, the company’s application for direct listing on Nomu.
Incepted in 2015, the company was established in Riyadh as a branch of a sole proprietorship under the name "Naf Feed Factory for Industry Co.", before transforming into a closed joint-stock firm.
Its current actual activity is the manufacturing and sale of feed products.
|
Company Profile |
|
|
Company |
Naf Company for Feed for Industry |
|
Core Activities |
Manufacturing and sale of feed products |
|
Market |
Nomu-Parallel Market |
|
Capital |
SAR 20 mln |
|
Number of Shares |
2 mln |
|
Nominal Value |
SAR 10 |
|
IPO Summary |
|
|
Issue Percentage |
20% |
|
Offered Shares |
400,000 |
|
IPO Minimum Limit |
10 shares |
|
IPO Maximum Limit |
90,000 shares |
|
Offer Period |
June 22-26, 2025 |
|
Final Allocation |
June 30, 2025 |
|
Surplus Refund (If any) |
July 2, 2025 |
|
Company Shareholders |
||||
|
Shareholders |
Before IPO |
After IPO |
||
|
Number of Shares (‘000) |
Ownership (%) |
Number of Shares (‘000) |
Ownership (%) |
|
|
Fayez Ithaar Talhab Al-Harbi |
840 |
42% |
672 |
33.6% |
|
Saud bin Habbas Al-Gharabi Al-Harbi |
840 |
42% |
672 |
33.6% |
|
Abdullah Sulaiman Al-Khalifa |
320 |
16% |
256 |
12.8% |
|
Qualified investors |
-- |
-- |
400 |
20% |
|
Total |
2000 |
100% |
2000 |
100% |
|
Additional Information |
|
|
Financial Advisor |
TeamOne Consulting |
|
Lead Manager |
Derayah Financial |
|
Receiving Entities |
Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, BSF Capital, Alinma Investment, Al Rajhi Capital, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Yaqeen Capital, Sahm Capital, SNB Capital |
Be the first to comment
Comments Analysis: