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×Brief
Company Status: | Listed |
Business Activity: | The company’s business includes setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. |
Current Capital: | 500.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Media and Publishing |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 100.00 |
Issue Volume (M Riyal): | 1,500.00 |
Premium: | 90.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 300.00 Thousand Shares |
Available Shares (Institutions): | 13.50 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 2.50 Million Shares |
Eligibility : | _ Participating Parties: This category consists of the parties entitled to participate in the book-building process in accordance with the Book Building Instructions . _ Individual Investors . |
Use of Proceeds: | The net Offering proceeds , after deducting the full Offering expenses amounting to thirty-five million Saudi riyals ( SAR 35,000,000 ) , will be distributed to the Selling Shareholders in proportion to their Offer Shares , The Company will not receive any share of the Offering proceeds . |
Restrictions on Dealing in Shares: | The Substantial Shareholders will be subject to a lock-up period during which they will be prohibited from disposing of any of their shares for a period of six (6) months from the date trading begins on the Exchange , Substantial Shareholders may not dispose of any of their shares during the Lock-up Period |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 10/26/2021 |
Subscription End Date: | 10/28/2021 |
Allocation Date: | 11/4/2021 |
Distribution Date: | 11/4/2021 |
Listing Date: | 11/15/2021 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Engineer Holding Group Co. | 25.00 | 50.00 % | 3,010.00 |
MBC Group Holding Co. | 10.00 | 20.00 % | 1,204.00 |
Advisors
Lead Manager: | GIB Capital LLC |
Underwriter: | Al-bilad Investment Co., GIB Capital LLC |
Financial Advisor: | GIB Capital LLC |
Legal Advisor: | Abdulaziz Al Ajlan Office |
Auditor: | Baker Tilly Co. |
Receiving Bank: | The Saudi National Bank, Bank Albilad, Saudi British Bank, Riyad Bank |
IPO results
Proceeds: | SAR 2.22 bln |
Subscription Percentage: | 1482% |
No. of Subscribers: | 655179 Subscriber |
Allocation: | Two shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around ( 0.9% ) on average . |
Chart - Arabian Contracting Services Co.
Share Performance
Last Price: | 120.40 |
Change: | 2.52 % |
Market Cap (M): | 6,100.00 |
Turnover: | 38,469,808.00 |
Transactions: | 1,841.00 |
Share Stats
First Day Open: | 110.00 |
First Day High: | 129.00 |
First Day Low: | 102.00 |
First Day Close: | 104.00 |
1st Day Change: | 4.00 % |
1st Month Change: | (11.60 %) |
1st year Change: | 10.20 % |
Since listing: | 22.00 % |
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