Sign In
×Brief
Company Status: | Listed |
Business Activity: | Cement Production. |
Current Capital: | 1,800.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Cement |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 71.43 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 900.00 |
Premium: | 6.67 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 200.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens |
Use of Proceeds: | The net proceeds of the IPO will be used to finance its expansion plans as follow: 1- SAR 692.9 million for the payments of credit facilities obtained by the Company from the Industrial Development Fund and Arab National Bank 2- SAR 179.1 million to finance a second production line for the production of clinker stainless salts and the needs of this line of working capital |
Restrictions on Dealing in Shares: | The Founding shareholders may not dispose of any shares before 6 months from the listing date (the “Lock-Up Period “). After the shares restrictions are elapsed, the Founding shareholders may only dispose of their shares after obtaining CMA's approval |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 1/8/2013 |
Subscription End Date: | 1/14/2013 |
Allocation Date: | 1/21/2013 |
Distribution Date: | 1/21/2013 |
Listing Date: | 2/5/2013 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Pan Kingdom Investment Company | 17.64 | 9.80 % | 172.17 |
Advisors
Lead Manager: | ANB Capital |
Underwriter: | ANB Capital |
Financial Advisor: | ANB Capital, Ithraa Capital Co. |
Legal Advisor: | Abdulaziz A. Al-Bosaliy law office - Clyde & Co's LLP |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Bank Aljazira, Riyad Bank, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | SAR 2907mn |
Subscription Percentage: | 323% |
No. of Subscribers: | 3800k |
Allocation: | The allocation rate was set at 23 per subscriber increasing according to the number of orders |
Chart - Northern Region Cement Co.
Share Performance
Last Price: | 9.76 |
Change: | 1.34 % |
Market Cap (M): | 1,764.00 |
Turnover: | 2,388,637.00 |
Transactions: | 693.00 |
Share Stats
First Day Open: | 18.00 |
First Day High: | 68.00 |
First Day Low: | 17.75 |
First Day Close: | 30.00 |
1st Day Change: | 200.00 % |
1st Month Change: | 117.50 % |
1st year Change: | 143.00 % |
Since listing: | (2.00 %) |
Call Request