Sign In
×Brief
Company Status: | Listed |
Business Activity: | The company is a producer of foodstuff. |
Current Capital: | 231.51 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Agriculture and Food Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 200.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 154.34 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered Shareholders and New Investors . |
Use of Proceeds: | _ Increase production lines in the frozen meat factory SAR 44.00 million, _ Improving production line efficiency by developing and increasing the vegetable factory production line SAR 40.00 million, _ Develop and increase the pasta factory production lines SAR 18.00 million, _ Develop and increase production lines in the cereal factory SAR 18.00 million, _ Support the working capital needs SAR 30.00 million, _ Offering Expenses SAR 4.34 million . |
Restrictions on Dealing in Shares: | There are no restrictions imposed on trading the Company’s shares, except for regulatory restrictions imposed on publicly listed shares . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 4/5/2022 |
The minimum & maximum offering price: | 6/20/2022 |
Subscription End Date: | 6/30/2022 |
Allocation Date: | 7/17/2022 |
Distribution Date: | 8/4/2022 |
Listing Date: | 7/20/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Meraas Al Sharqiya Investment Company (one person company) | 5.92 | 25.57 % | 295.08 |
Advisors
Lead Manager: | AlJazira Capital Company |
Underwriter: | AlJazira Capital Company |
Financial Advisor: | AlJazira Capital Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | Al Kharashi & Company Certified Accountants and Auditors |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 120.09 million |
Subscription Percentage: | 77.81% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Wafrah for Industry & Development Co.
Share Performance
Last Price: | 49.85 |
Change: | 3.31 % |
Market Cap (M): | 1,157.50 |
Turnover: | 64,510,303.00 |
Transactions: | 4,659.00 |
Related News
Edaa deposits Wafrah’s subscribed securities todayArgaam20/07/2022
Wafrah rump offering 330.7% oversubscribedArgaam17/07/2022
Wafrah’s rights issue 77.81% subscribedArgaam03/07/2022
Wafrah rights trading, new shares subscription begin todayArgaam Special20/06/2022
Wafrah to start rights trading, new shares subscription tomorrowArgaam19/06/2022
Edaa deposits Wafrah traded rights shares todayArgaam19/06/2022
Call Request