Logo of Rawabi Marketing International Co. (RMI)
Rawabi Marketing International Co. (RMI) issued a prospectus to offer one million shares on the Nomu-Parallel Market.
The shares to be offered represent 6.90% of the company’s pre-IPO capital, which amounts to SAR 145 million and is divided into 14.5 million at a par value of SAR 10 each.
These shares account for 6.45% of the company’s post-IPO capital, which will reach SAR 155 million.
They will be offered to qualified investors as stipulated in the Capital Market Authority’s (CMA) regulations and rules.
The share sale will start from Aug. 27 to Sept. 3.
The market regulator approved RMI’s application to float shares on March 20.
RMI was established as a limited liability company in 1998. The company’s current core activities include the trade and marketing of chemical products and materials, in addition to marketing the products of its subsidiaries. The chemicals imported by the company from local or international suppliers are used in water treatment and poultry farms. The company is also involved in the import and export of certain products inside and outside Saudi Arabia in cooperation with local and international suppliers.
Company Profile |
|
Company |
Rawabi Marketing International |
Market |
Nomu-Parallel Market |
Core Activities |
Marketing of chemical products and materials |
Pre-IPO Capital |
SAR 145 mln |
Number of Shares |
14.5 mln |
Post-IPO Capital |
SAR 155 mln |
Number of Shares |
15.5 mln |
Par Value |
SAR 10 |
IPO Summary |
|
Stake Sale |
6.45% of post-IPO capital and 6.90% of pre-IPO capital |
Offered shares |
1 mln |
IPO Minimum Limit |
10 shares |
IPO Maximum Limit |
774,990 shares |
Offer Period |
Aug. 27-Sept. 3, 2025 |
Final Allocation |
Sept. 7, 2025 |
Surplus Refund (if any) |
Within 2 business days from the allocation date |
Ownership Structure |
||||
Shareholders |
Pre-IPO |
Post-IPO |
||
No. of Shares (mln) |
Ownership Percentage |
No. of Shares (mln) |
Ownership Percentage |
|
Matar Saud M. Al-Arifi |
1.51 |
10.44% |
1.51 |
9.77% |
Bandar Saud M. Al-Arifi |
1.51 |
10.44% |
1.51 |
9.77% |
Barakat Saud M. Al-Arifi |
1.51 |
10.44% |
1.51 |
9.77% |
Bashir Saud M. Al-Arifi |
1.51 |
10.44% |
1.51 |
9.77% |
Basil Saud M. Al-Arifi |
1.51 |
10.44% |
1.51 |
9.77% |
Bader Saud M. Al-Arifi |
1.51 |
10.44% |
1.51 |
9.77% |
Sarah Mohammed A. Al-Arifi |
0.61 |
4.22% |
0.61 |
3.94% |
Al-Bandari Abdullah Saud Al-Arifi |
0.61 |
4.22% |
0.61 |
3.94% |
Khalil Turki Khalil Sulaiman |
0.52 |
3.60% |
0.52 |
3.37% |
Ghada Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Widad Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Haifaa Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Bushra Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Warda Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Nada Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Laila Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Amal Saud M. Al-Arifi |
0.41 |
2.81% |
0.41 |
2.63% |
Soad Saud M. Al-Arif |
0.41 |
2.81% |
0.41 |
2.63% |
New Shares to be Offered to Qualified Investors |
-- |
-- |
1.00 |
6.45% |
Total |
14.50 |
100% |
15.50 |
100% |
Additional Information |
|
Financial Advisor |
Watheeq Capital |
Lead Manager |
Derayah Financial |
Receiving Agents |
Alinma Investment, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Albilad Capital, AlJazira Capital, Alistithmar Capital, Derayah Financial, ANB Capital, Yaqeen Capital Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG-Hermes, Musharaka Capital, Awaed Alosool Capital. |
Be the first to comment
Comments Analysis: