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×Brief
Company Status: | Listed |
Business Activity: | The company is a producer of clay pipes. |
Current Capital: | 150.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Building & Construction |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 45.00 |
Issue Volume (M Riyal): | 202.50 |
Premium: | 35.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | 2.25 Million Shares |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi citizens and investment funds |
Use of Proceeds: | The net proceeds from IPO will be distributed to the selling shareholders |
Restrictions on Dealing in Shares: | Selling shareholders may not dispose thier shares for a period of six months from the trading date. Following the expiry of this six month lock-in period the Founding Shareholders may only dispose of their Shares after obtaining the approval of the CMA |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 5/8/2007 |
Subscription End Date: | 5/16/2007 |
Allocation Date: | 5/20/2007 |
Distribution Date: | 5/20/2007 |
Listing Date: | 5/26/2007 |
Advisors
Lead Manager: | Saudi Fransi Capital |
Underwriter: | Banque Saudi Fransi |
Financial Advisor: | The Capital Group |
Legal Advisor: | Clifford Chance Co., Youssef Al-Jadaan & Partners Law Firm, Saud M. A. Shawwaf Law Office and Abu-Setta & Partners |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | SAR 343mn |
Subscription Percentage: | 565% |
No. of Subscribers: | 462K |
Allocation: | The allocation rate was set at 5 shares per individual subscriber |
Chart - Saudi Vitrified Clay Pipes Co.
Share Performance
Last Price: | 46.80 |
Change: | (2.11) % |
Market Cap (M): | 696.00 |
Turnover: | 7,561,341.00 |
Transactions: | 956.00 |
Share Stats
First Day Open: | 160.25 |
First Day High: | 200.00 |
First Day Low: | 143.00 |
First Day Close: | 187.00 |
1st Day Change: | 315.56 % |
1st Month Change: | 151.67 % |
1st year Change: | 90.56 % |
Since listing: | 3.11 % |
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