Sign In
×Brief
Company Status: | Listed |
Business Activity: | Producing and manufacturing and forming gold and jewelery. |
Current Capital: | 430.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 42.86 % |
Offer Price (Riyal): | 31.50 |
Issue Volume (M Riyal): | 477.30 |
Premium: | 27.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 9.03 Million Shares |
Minimum Subscription (Institutions): | 100.00 Shares |
Maximum Subscription (Institutions): | 2.15 Million Shares |
Eligibility : | Saudi citizens and subscribed institutions |
Use of Proceeds: | Will be Distributed to the shareholders after deducting the floating cost amounted to 26 million. |
Restrictions on Dealing in Shares: | major shareholders may not dispose of any of their shares during a period of nine(9) months from the date on which the Subscription Shares began trading on the Tadawul only after obtaining the approval of the Monetary Foundation.. |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 6/5/2016 |
Subscription End Date: | 6/13/2016 |
Allocation Date: | 6/19/2016 |
Distribution Date: | 6/20/2016 |
Listing Date: | 6/29/2016 |
Advisors
Lead Manager: | Saudi Fransi Capital |
Underwriter: | Saudi Fransi Capital |
Financial Advisor: | Saudi Fransi Capital |
Legal Advisor: | White & Case LLP |
Auditor: | Ernst & Young Professional Services Co |
Receiving Bank: | Riyad Bank, Banque Saudi Fransi, The Saudi National Bank, Samba Financial Group, Alawwal Bank |
IPO results
Proceeds: | SAR 419.7 |
Subscription Percentage: | 293% |
No. of Subscribers: | 385.4K |
Allocation: | 10 shares for every subscriber |
Chart - Lazurde Company for Jewelry
Share Performance
Last Price: | 15.06 |
Change: | (1.83) % |
Market Cap (M): | 862.50 |
Turnover: | 5,005,359.00 |
Transactions: | 945.00 |
Share Stats
First Day Open: | 34.65 |
First Day High: | 34.65 |
First Day Low: | 33.88 |
First Day Close: | 34.06 |
1st Day Change: | 8.14 % |
1st Month Change: | (11.62 %) |
1st year Change: | (39.65 %) |
Since listing: | (52.38 %) |
Related News
L'Azurde debuts on Tadawul todayArgaam29/06/2016
L’Azurde deposits shares in shareholder portfoliosArgaam23/06/2016
L’azurde IPO 293% oversubscribed by end of retail trancheArgaam19/06/2016
L’Azurde IPO 293% oversubscribed by final dayArgaam16/06/2016
L’Azurde IPO 221% oversubscribed by eighth day Argaam13/06/2016
L’Azurde IPO 179% oversubscribed by seventh dayArgaam12/06/2016
L’Azurde IPO 126% oversubscribed by fourth dayArgaam09/06/2016
Saudi scholar forbids subscription to L’Azurde sharesArgaam08/06/2016
L’Azurde IPO opens to retail investorsArgaam05/06/2016
L’Azurde IPO set to open SundayArgaam04/06/2016
Call Request