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×Brief
Company Status: | Listed |
Business Activity: | Manufacture of refined oil products, plastics and synthetic rubber, chemical products, and wholesale of solid, liquid and gaseous fuels. |
Current Capital: | 1,687.50 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Energy & Utilities |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 29.66 % |
Offer Price (Riyal): | 99.00 |
Issue Volume (M Riyal): | 4,954.46 |
Premium: | 89.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 37.53 Million Shares |
Minimum Subscription (Institutions): | 50.00 Thousand Shares |
Maximum Subscription (Institutions): | 8.44 Million Shares |
Eligibility : | _ Participating Parties, _ Individual Investors . |
Use of Proceeds: | The Net Proceeds which amount to SAR 4954.46 million will be received by the Selling Shareholder (Jadwa) (after the deduction of the expenses of the Offering, estimated at approximately SAR 85.00 million ), The Company will not receive any part of the Offering proceeds . |
Restrictions on Dealing in Shares: | Saudi Aramco, being the only current Substantial Shareholder who will continue to hold Shares after the Offering, is prohibited from disposing its Shares for a period of 6 months from the start of trading of the Company’s shares on the Exchange. Saudi Aramco may dispose of their shares after the end of this period without obtaining the CMA’s approval . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 11/24/2022 |
The minimum & maximum offering price: | 12/14/2022 |
Subscription End Date: | 12/18/2022 |
Allocation Date: | 12/22/2022 |
Distribution Date: | 12/28/2022 |
Listing Date: | 12/28/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
The Saudi Arabian Oil Company | 118.13 | 70.00 % | 17,529.75 |
Advisors
IPO results
Proceeds: | SAR 2850 million |
Subscription Percentage: | 230.10% |
No. of Subscribers: | 524.85 thousand subscribers |
Allocation: | 10 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around 30.8537% on average . |
Chart - Saudi Aramco Base Oil Co.
Share Performance
Last Price: | 148.40 |
Change: | (1.34) % |
Market Cap (M): | 24,907.50 |
Turnover: | 39,422,221.00 |
Transactions: | 3,773.00 |
Share Stats
First Day Open: | 95.20 |
First Day High: | 95.80 |
First Day Low: | 92.70 |
First Day Close: | 93.00 |
1st Day Change: | (6.06 %) |
1st Month Change: | 1.41 % |
1st year Change: | 46.67 % |
Since listing: | 49.09 % |
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