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×Brief
Company Status: | Listed |
Business Activity: | Purchasing, importing and exporting stationery products and office supplies. |
Current Capital: | 50.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 12.00 % |
Offer Price (Riyal): | 51.00 |
Issue Volume (M Riyal): | 30.60 |
Premium: | 41.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | The qualified investor categories stipulated in the glossary of terms used in the regulations and rules of the Capital Market Authority (CMA) . |
Use of Proceeds: | The Net Proceeds from the Offering, (after deducting listing expenses estimated at SAR 3 million) will be paid to the Selling Shareholder, The Company will not receive any part of the Offering proceeds . |
Restrictions on Dealing in Shares: | Major shareholders will be subject to a 12-month lock-up period, during which they will be banned from disposing of their shares starting from the listing date on Nomu-Parallel Market. Major shareholders may dispose of their shares after the lock-up period without obtaining a prior approval from CMA . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 9/27/2023 |
The minimum & maximum offering price: | 1/10/2024 |
Subscription End Date: | 1/29/2024 |
Allocation Date: | 2/1/2024 |
Distribution Date: | 2/5/2024 |
Listing Date: | 2/18/2024 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al Hoshan Commercial Investment Company | 4.00 | 80.00 % | 192.80 |
Al Hoshan Real Estate Company | 0.40 | 8.00 % | 19.28 |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | - |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | - |
Auditor: | Al Bassam & Co |
Receiving Bank: | Yaqeen Financial Company |
IPO results
Proceeds: | - |
Subscription Percentage: | 108.92% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Pan Gulf Marketing Co.
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Pan Gulf Marketing extends IPO on Nomu to Jan. 29 Argaam18/01/2024
Qualified investors start subscription to Pan Gulf’s 600,000 shares todayArgaam Special10/01/2024
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