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×Brief
Company Status: | Listed |
Business Activity: | The company specializes in waste paper recycling and the production of tissue rolls. |
Current Capital: | 337.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 75.52 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 145.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | _ Restricted shareholders and new investors . |
Use of Proceeds: | _ Purchase fixed assets ( SAR 92.30 million ), _ Purchase raw materials ( SAR 33.79 million ), _ Pay off bank loans ( SAR 15.00 million ), _ Offering expenses ( SAR 3.91 million ) . |
Restrictions on Dealing in Shares: | There are no restrictions imposed on trading the company’s shares with the exception of regulatory restrictions imposed on the shares listed in general . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 9/15/2022 |
The minimum & maximum offering price: | 10/23/2022 |
Subscription End Date: | 11/2/2022 |
Allocation Date: | 11/15/2022 |
Distribution Date: | 11/29/2022 |
Listing Date: | 11/16/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
raed adbullrahman abdullaziz AL-meshal | 11.41 | 33.86 % | 901.45 |
Advisors
Lead Manager: | Alinma Investment Company |
Underwriter: | Alinma Investment Company |
Financial Advisor: | Alinma Investment Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | Al Bassam & Co |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 134.21 million |
Subscription Percentage: | 92.56% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Paper Manufacturing Co.
Share Performance
Last Price: | 79.00 |
Change: | (2.38) % |
Market Cap (M): | 2,631.97 |
Turnover: | 10,743,501.00 |
Transactions: | 812.00 |
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Saudi Paper subscription to new shares ends todayArgaam Special02/11/2022
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