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×Brief
Company Status: | Listed |
Business Activity: | |
Current Capital: | 500.00 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): | 30.00 |
Issue Volume (M Riyal): | 540.00 |
Premium: | - |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 7.50 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 2.50 Million Shares |
Eligibility : | Saudi citizens and institutions |
Use of Proceeds: | The net proceeds of the IPO will be paid to selling shareholders on a pro rata basis |
Restrictions on Dealing in Shares: | Founding shareholders may not dispose of any Shares during the period of 6 months from the date on which trading of the Offer Shares commences in the Saudi Exchange. After the 6-month restriction period has elapsed the Selling Shareholders may only dispose of their Shares after obtaining CMA approval |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 11/27/2013 |
Subscription End Date: | 12/3/2013 |
Allocation Date: | 12/10/2013 |
Distribution Date: | 12/10/2013 |
Listing Date: | 12/24/2013 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al-Fawzan Holding Company | 12.52 | 20.86 % | 609.53 |
Abdulqader Al Muhaidib & Sons Co. | 8.30 | 13.83 % | 404.11 |
Advisors
Lead Manager: | Saudi Fransi Capital |
Underwriter: | Saudi Fransi Capital |
Financial Advisor: | Saudi Fransi Capital |
Legal Advisor: | Baker & McKenzie Limited, Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Riyad Bank, Samba Financial Group, Banque Saudi Fransi, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 704mn |
Subscription Percentage: | 260.7% |
No. of Subscribers: | 1100K |
Allocation: | The allocation rate was set at 6 shares per individual subscriber |
Chart - Bawan Co.
Share Performance
Last Price: | 48.70 |
Change: | (3.01) % |
Market Cap (M): | 2,898.00 |
Turnover: | 5,734,255.00 |
Transactions: | 711.00 |
Share Stats
First Day Open: | 33.00 |
First Day High: | 33.00 |
First Day Low: | 33.00 |
First Day Close: | 33.00 |
1st Day Change: | 10.00 % |
1st Month Change: | 50.70 % |
1st year Change: | 42.60 % |
Since listing: | 61.00 % |
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