AI Summary
Logo of National Signage Industrial Co. (Signworld)
National Signage Industrial Co. (Signworld) issued today, July 27, the prospectus to float 1.5 million shares, or 20% of capital, on the Nomu-Parallel Market.
The company will offer 1.5 million shares, equal to 25% of pre-offering and 20% of post-offering capital, to qualified investors.
The share sale will run from Aug. 17-24.
The Capital Market Authority (CMA) approved, in March, the company’s application for direct listing on Nomu.
Signworld’s core business involves the design, manufacturing, and assembly of electronic panels and displays for various applications, in addition to installation and maintenance services. It operates through three branches.
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Company Profile |
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Company |
National Signage Industrial Co. (Signworld) |
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Core Activities |
Design, manufacturing, and assembly of electronic panels and displays |
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Market |
Nomu-Parallel Market |
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Pre-IPO Capital |
SAR 60 mln |
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Number of Shares |
6 mln |
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Post-IPO Capital |
SAR 75 mln |
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New Number of Shares |
7.5 mln |
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Nominal Value |
SAR 10 a share |
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IPO Summary |
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Issue Percentage |
20% of post-IPO capital, 25% of pre-IPO capital |
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Offered Shares |
SAR 1.5 mln |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
374,990 shares |
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Offer Period |
Aug. 17-24, 2025 |
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Final Allocation |
Aug. 27, 2025 |
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Surplus Refund (If any) |
Aug. 31, 2025 |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (mln) |
Ownership (%) |
Number of Shares (mln) |
Ownership (%) |
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Al Mohandes Holding Group |
6.00 |
100.00 % |
6.00 |
80% |
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Qualified investors |
-- |
-- |
1.50 |
20% |
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Total |
6.00 |
100 % |
7.50 |
100% |
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Additional Information |
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Financial Advisor & Lead Manager |
Yaqeen Capital |
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Receiving Agents |
Derayah Financial, Alistithmar Capital, Alinma Capital, SNB Capital, AlJazira Capital, Riyad Capital, Albilad Capital, Al Rajhi Capital, BSF Capital, SAB Invest, Alkhabeer Capital, Sahm Capital, GIB Capital, Musharaka Capital, Awaed Capital, ANB Capital, Yaqeen Capital, EFG Hermes KSA |
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