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×Brief
Company Status: | Listed |
Business Activity: | Medicines and cosmetic products. |
Current Capital: | 850.00 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): | 73.00 |
Issue Volume (M Riyal): | 1,861.50 |
Premium: | 63.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 22.95 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 4.25 Million Shares |
Eligibility : | _ Participating Parties . _ Retail Investors . |
Use of Proceeds: | The net proceeds, after the offering expenses estimated at SAR ( 30.00 ) 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: | Major shareholders will be subject to a six-month lock-up period, during which they will be banned from disposing of their shares, starting from the listing date on the Saudi Exchange (Tadawul) . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 12/22/2021 |
The minimum & maximum offering price: | 2/27/2022 |
Subscription End Date: | 3/1/2022 |
Allocation Date: | 3/9/2022 |
Distribution Date: | 3/9/2022 |
Listing Date: | 3/14/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al Mawarid Holding Company | 27.19 | 31.99 % | 2,556.00 |
Ramlah holding groupe | 17.00 | 20.00 % | 1,598.00 |
11.75 | 13.82 % | 1,104.22 |
Advisors
Lead Manager: | GIB Capital LLC |
Underwriter: | GIB Capital LLC, Alinma Investment Company, ANB Capital |
Financial Advisor: | GIB Capital LLC |
Legal Advisor: | Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | Ernst & Young Professional Services Co |
Receiving Bank: | Al Rajhi Bank, The Saudi National Bank, Riyad Bank, Saudi Awwal Bank |
IPO results
Proceeds: | SAR 4.68 billion |
Subscription Percentage: | 2515% |
No. of Subscribers: | 1.11 million subscribers |
Allocation: | 2 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around ( 0.5299% ) on average . |
Chart - Aldawaa Medical Services Co.
Share Performance
Last Price: | 94.00 |
Change: | (0.53) % |
Market Cap (M): | 7,990.00 |
Turnover: | 17,540,740.00 |
Transactions: | 1,348.00 |
Share Stats
First Day Open: | 80.30 |
First Day High: | 86.10 |
First Day Low: | 77.70 |
First Day Close: | 78.60 |
1st Day Change: | 7.67 % |
1st Month Change: | 9.86 % |
1st year Change: | (0.96 %) |
Since listing: | 28.77 % |
Related News
Al-Dawaa debuts on Tadawul todayArgaam Special14/03/2022
Al-Dawaa stock to debut on March 14Argaam10/03/2022
Al-Dawaa shares Shariah-compliant: Albilad CapitalArgaam28/02/2022
Retail subscription for Al-Dawaa’s IPO starts todayArgaam Special27/02/2022
Al-Dawaa issues prospectus for floating 25.5 mln shares on Tadawul Argaam23/01/2022
Al-Dawaa Medical allocates 10% of IPO shares to retail investors, announces timelineArgaam23/01/2022
CMA approves IPO of 30% of Al-Dawaa MedicalArgaam22/12/2021
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