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×Brief
Company Status: | Listed |
Business Activity: | The company owns banquet restaurants, and sells food and patisserie products |
Current Capital: | 225.00 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): | 51.75 |
Issue Volume (M Riyal): | 216.00 |
Premium: | 22.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | - |
Restrictions on Dealing in Shares: | major shareholders may not dispose of any of their shares during a period of twelve (12) months from the date on which the Subscription Shares began trading on the Tadawul without obtaining the approval of the Monetary Foundation. |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 2/5/2017 |
Subscription End Date: | 2/10/2017 |
Allocation Date: | 2/13/2017 |
Distribution Date: | 2/16/2017 |
Listing Date: | 2/26/2017 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Mansour Awadallah Al-Salmi | 2.33 | 14.72 % | 71.10 |
0.79 | 5.01 % | 24.20 |
Advisors
Lead Manager: | Alistithmar for Financial Securities and Brokerage Company |
Underwriter: | - |
Financial Advisor: | Alistithmar for Financial Securities and Brokerage Company |
Legal Advisor: | Shearman and Sterling LLP in Association with Dr. Sultan Al-Masoud and Partners Co. |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Alistithmar for Financial Securities and Brokerage Company |
IPO results
Proceeds: | 1.05 bln |
Subscription Percentage: | 493 % |
No. of Subscribers: | - |
Allocation: | - |
Chart - Raydan Food Co.
Share Performance
Last Price: | 30.55 |
Change: | 7.29 % |
Market Cap (M): | 488.53 |
Turnover: | 28,367,002.00 |
Transactions: | 2,401.00 |
Share Stats
First Day Open: | 61.93 |
First Day High: | 62.09 |
First Day Low: | 54.82 |
First Day Close: | 62.09 |
1st Day Change: | 20.00 % |
1st Month Change: | (4.44 %) |
1st year Change: | (50.06 %) |
Since listing: | (40.28 %) |
Related News
Raydan’s IPO 493% oversubscribed, says Alistithmar CapArgaam12/02/2017
Raydan to list on Tadawul in 2 years, says CEOArgaam07/02/2017
Alistithmar Capital begins Raydan’s book-building process Argaam05/02/2017
Raydan Restaurants issues prospectus for IPO on Parallel MarketArgaam Special02/02/2017
CMA approves Raydan Cuisines IPO in parallel market Argaam30/01/2017
Raydan, Baazeem name Alistithmar Cap as IPO advisor Argaam06/12/2016
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