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×Brief
Company Status: | Listed |
Business Activity: | The company owns banquet restaurants, and sells food and patisserie products |
Current Capital: | 337.50 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 50.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 112.50 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | Completing the Al-Zaydi project 4 million riyals, implementing the new identity 15 million riyals, completing the city project 4.5 million riyals, establishing a new university branch 4 million riyals, establishing new branches 10 million riyals, factory and service centers 20 million riyals, repaying loans 10 million riyals, amounts The investment is 9.35 million riyals, the working capital is 30.72 million riyals, and the offering costs are 4.93 million riyals. |
Restrictions on Dealing in Shares: | - |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 8/9/2021 |
Subscription End Date: | 8/19/2021 |
Allocation Date: | 8/29/2021 |
Distribution Date: | 9/9/2021 |
Listing Date: | 9/2/2021 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Mansour Awadallah Al-Salmi | 2.33 | 14.72 % | 60.51 |
0.79 | 5.01 % | 20.59 |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | Yaqeen Financial Company |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | Baker Tilly Co. |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 109.42 mln |
Subscription Percentage: | 97.26 % |
No. of Subscribers: | - |
Allocation: | - |
Chart - Raydan Food Co.
Share Performance
Last Price: | 26.00 |
Change: | 2.94 % |
Market Cap (M): | 415.01 |
Turnover: | 7,461,741.00 |
Transactions: | 882.00 |
Related News
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Raydan Food rights issue remaining shares 1,822% oversubscribedArgaam29/08/2021
Raydan Food rights issue 97.26% subscribedArgaam22/08/2021
Raydan Food rights issue subscription ends today Argaam19/08/2021
Raydan Food’s rights trading period ends todayArgaam16/08/2021
Raydan Food rights trading, new shares subscription begins todayArgaam09/08/2021
Raydan Food rights trading, new shares subscription begins tomorrow Argaam08/08/2021
Edaa deposits Raydan’s tradable rights todayArgaam25/07/2021
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