Sign In
×Brief
Company Status: | Listed |
Business Activity: | Owning and managing chain of retail pharmacies. |
Current Capital: | 1,300.00 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: | 30.00 % |
Offer Price (Riyal): | 131.00 |
Issue Volume (M Riyal): | 5,109.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 35.10 Million Shares |
Minimum Subscription (Institutions): | 50.00 Thousand Shares |
Maximum Subscription (Institutions): | 6.50 Million Shares |
Eligibility : | _ Participating Parties , _ Individual Investors . |
Use of Proceeds: | The net proceeds, after offering expenses of SAR ( 80.00 ) million, will be distributed on a pro-rata basis to selling shareholders. The company will not receive any share of these proceeds . |
Restrictions on Dealing in Shares: | The substantial shareholder who owns 5% of more of the Shares and comprises ( SEDCO and Al-Nahdi Holding Company Limited Company ) may not dispose of any of their shares for a period of 6 months, and the company may not list additional shares on the Saudi Exchange for a period of 6 months, in each case from the date on which trading of the company’s shares commences on the Saudi Exchange . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 12/29/2021 |
The minimum & maximum offering price: | 3/13/2022 |
Subscription End Date: | 3/15/2022 |
Allocation Date: | 3/20/2022 |
Distribution Date: | 3/23/2022 |
Listing Date: | 3/22/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al Nahdi Holding | 45.50 | 35.00 % | 6,224.40 |
SEDCO Holding | 32.50 | 25.00 % | 4,446.00 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | SNB Capital Company, HSBC Saudi Arabia Co. |
Financial Advisor: | HSBC Saudi Arabia Co., SNB Capital Company |
Legal Advisor: | Abdulaziz Al Ajlan Office |
Auditor: | Price Water House Coopers - Saudi Arabia |
Receiving Bank: | Riyad Bank, Al Rajhi Bank, The Saudi National Bank, Saudi Awwal Bank, Arab National Bank |
IPO results
Proceeds: | SAR 6.76 billion |
Subscription Percentage: | 1300% |
No. of Subscribers: | 1.10 million subscribers |
Allocation: | 3 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around 1.243% on average . |
Chart - Nahdi Medical Co.
Share Performance
Last Price: | 136.80 |
Change: | (0.73) % |
Market Cap (M): | 17,680.00 |
Turnover: | 45,870,224.00 |
Transactions: | 4,002.00 |
Share Stats
First Day Open: | 144.00 |
First Day High: | 158.40 |
First Day Low: | 144.00 |
First Day Close: | 150.00 |
1st Day Change: | 14.50 % |
1st Month Change: | 25.65 % |
1st year Change: | 36.34 % |
Since listing: | 3.82 % |
Related News
Nahdi Medical debuts on Tadawul today; fifth listing of 2022 Argaam Special22/03/2022
Nahdi Medical shares to debut on Tadawul on March 22 Argaam20/03/2022
Nahdi IPO subscription period and timelineArgaam13/03/2022
Here’s receiving banks list for Nahdi IPOArgaam13/03/2022
Retail subscription for Nahdi Medical IPO kicks off todayArgaam Special13/03/2022
Nahdi sets final IPO price at SAR 131, order book 59x covered Argaam10/03/2022
Call Request