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×Brief
Company Status: | Listed |
Business Activity: | The company specializes in the manufacturing of metal products that serve the construction, electricity and telecommunications sectors. |
Current Capital: | 508.00 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): | 36.00 |
Issue Volume (M Riyal): | 548.82 |
Premium: | 26.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 10.67 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 2.54 Million Shares |
Eligibility : | Saudi citizens and subscribed institutions |
Use of Proceeds: | ًWill be Distributed to the shareholders after deducting the floating cost amounted to 31 million. |
Restrictions on Dealing in Shares: | major shareholders may not dispose of any of their shares during a period of twelve (18) 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: | 4/27/2016 |
Subscription End Date: | 5/3/2016 |
Allocation Date: | 5/9/2016 |
Distribution Date: | 5/10/2016 |
Listing Date: | 5/22/2016 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al-Mojil Establishment for Trading | 5.07 | 9.99 % | 209.59 |
Rashed Abdul Rahman AlRashed & Sons Group | 4.90 | 9.65 % | 202.46 |
Abdulqader Al Muhaidib & Sons Co. | 4.08 | 8.04 % | 168.68 |
Al-Muhana Commercial Co. | 3.44 | 6.77 % | 142.04 |
Abdulkarim Hamad Abdulkarim Al-Mojil | 2.96 | 5.83 % | 122.32 |
Advisors
Lead Manager: | Riyad Capital |
Underwriter: | Riyad Capital |
Financial Advisor: | Riyad Capital |
Legal Advisor: | Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | KPMG Al Fozan & Partners |
Receiving Bank: | Al Rajhi Bank, Banque Saudi Fransi, Riyad Bank, Samba Financial Group, The Saudi National Bank, Arab National Bank |
IPO results
Proceeds: | SAR 788 - final day |
Subscription Percentage: | 479% |
No. of Subscribers: | 800K |
Allocation: | 5 shares for every subscriber |
Chart - Al Yamamah Steel Industries Co.
Share Performance
Last Price: | 41.30 |
Change: | 0.98 % |
Market Cap (M): | 2,103.12 |
Turnover: | 17,589,856.00 |
Transactions: | 1,348.00 |
Share Stats
First Day Open: | 39.60 |
First Day High: | 39.60 |
First Day Low: | 39.60 |
First Day Close: | 39.60 |
1st Day Change: | 10.00 % |
1st Month Change: | 2.11 % |
1st year Change: | (24.19 %) |
Since listing: | 15.00 % |
Related News
Al Yamamah shares to debut on Tadawul May 22Argaam19/05/2016
Tadawul deposits Yamamah Steel shares into investor portfoliosArgaam16/05/2016
Al Yamamah Steel IPO 479% oversubscribed Argaam09/05/2016
Al Yamamah Steel IPO 351% oversubscribed by final dayArgaam03/05/2016
Al Yamamah Steel IPO 245% oversubscribed by fifth dayArgaam02/05/2016
Al Yamamah Steel IPO 153% oversubscribed by fourth day Argaam01/05/2016
Al Yamamah Steel IPO not Sharia compliant, says Sheikh Al FozanArgaam01/05/2016
Al Yamamah Steel IPO 105% oversubscribed by second dayArgaam30/04/2016
Al Yamamah Steel IPO 50.74% subscribed Argaam28/04/2016
Al Yamamah Steel set to go public April 27 Argaam26/04/2016
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