Sign In
×Brief
Company Status: | Unlisted |
Business Activity: | The company provides integrated insurance services |
Current Capital: | 100.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Insurance |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 66.67 % |
Offer Price (Riyal): | 13.30 |
Issue Volume (M Riyal): | 40.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi citizens |
Use of Proceeds: | The IPO net proceeds will be used to finance the company's operations |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 5/19/2007 |
Subscription End Date: | 5/28/2007 |
Allocation Date: | 6/3/2007 |
Distribution Date: | 6/3/2007 |
Listing Date: | 8/25/2007 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
New India Insurance Company , LTD. | 0.52 | 5.17 % | 4.91 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | Riyad Bank |
Financial Advisor: | Aldukheil Financial Group |
Legal Advisor: | - |
Auditor: | - |
Receiving Bank: | Riyad Bank, Saudi Awwal Bank, The Saudi National Bank |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Indian Company for Cooperative Insurance
Call Request