Sign In
×Brief
Company Status: | Listed |
Business Activity: | Providing ground handling services for the Kingdom's airports. |
Current Capital: | 1,880.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Transportation |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 50.00 |
Issue Volume (M Riyal): | 2,820.00 |
Premium: | 40.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 56.40 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 9.40 Million Shares |
Eligibility : | Saudi citizens and subscribed institutions |
Use of Proceeds: | The net proceeds will be paid for shareholders on a proata basis |
Restrictions on Dealing in Shares: | Selling Shareholders may not dispose of any of their shares during a period of twelve (3) months from the date on which the Subscription Shares began trading on the Tadawul |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 6/3/2015 |
Subscription End Date: | 6/9/2015 |
Allocation Date: | 6/16/2015 |
Distribution Date: | 6/16/2015 |
Listing Date: | 6/25/2015 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co., Jadwa Investment Co. |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | Clifford Chance Co. |
Auditor: | KPMG Al Fozan & Partners |
Receiving Bank: | Samba Financial Group, The Saudi National Bank, Riyad Bank, Saudi Awwal Bank, Banque Saudi Fransi, Bank Albilad, Al Rajhi Bank, Alinma Bank, Arab National Bank, Saudi Investment Bank, Bank Aljazira, Alawwal Bank |
IPO results
Proceeds: | SAR 3800 mn |
Subscription Percentage: | 339% |
No. of Subscribers: | 1900K |
Allocation: | 10 shares for every subscriber minimum |
Chart - Saudi Ground Services Co.
Share Performance
Last Price: | 55.80 |
Change: | 3.11 % |
Market Cap (M): | 10,584.40 |
Turnover: | 132,635,931.00 |
Transactions: | 6,419.00 |
Share Stats
First Day Open: | 55.00 |
First Day High: | 55.00 |
First Day Low: | 55.00 |
First Day Close: | 55.00 |
1st Day Change: | 10.00 % |
1st Month Change: | 51.02 % |
1st year Change: | (2.56 %) |
Since listing: | 12.60 % |
Related News
Saudi Arabia dominates GCC IPO market in Q2Argaam02/08/2015
Saudi Ground Services begins trading on TadawulArgaam25/06/2015
Saudi Ground Services IPO 339% oversubscribed Argaam16/06/2015
Saudi Ground Services IPO 265% oversubscribedArgaam10/06/2015
Saudi Ground Services IPO 172% oversubscribed by day 6Argaam08/06/2015
Saudi Ground Services IPO 108% oversubscribed by fifth dayArgaam07/06/2015
SGS IPO 69.3% subscribed by fourth dayArgaam - Exclusive06/06/2015
SGS begins IPO with 22.56 mln shares allocated to retail investors Argaam - Exclusive03/06/2015
SGS IPO 18.4% subscribed by day one ِArgaam03/06/2015
Call Request