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×Brief
Company Status: | Listed |
Business Activity: | Retail sale of home appliances and household utensils. |
Current Capital: | 350.00 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: | 3.00 % |
Offer Price (Riyal): | 11.50 |
Issue Volume (M Riyal): | 1,207.50 |
Premium: | 105.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 9.45 Million Shares |
Minimum Subscription (Institutions): | 50.00 Thousand Shares |
Maximum Subscription (Institutions): | 1.75 Million Shares |
Eligibility : | _ Participating Parties, _ Individual Investors . |
Use of Proceeds: | The Net Proceeds from the Offering (after deducting listing expenses estimated at SAR 23.00 million) will be paid to the Selling Shareholder, The Company will not receive any part of the Offering proceeds . |
Restrictions on Dealing in Shares: | Major shareholder in the Company shall be subject to a look-up period of (6) months starting from the date on which shares of the Company are traded in the market where he may not dispose shares during this period. After the lapse of this period, he may dispose their shares without the need to get a prior consent from the Authority . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 9/28/2022 |
The minimum & maximum offering price: | 12/5/2022 |
Subscription End Date: | 12/6/2022 |
Allocation Date: | 12/14/2022 |
Distribution Date: | 12/14/2022 |
Listing Date: | 12/27/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Suleiman bin Mohammed bin Saleh Al-Saif | 218.75 | 62.50 % | 2,541.88 |
Advisors
Lead Manager: | Saudi Fransi Capital |
Underwriter: | Saudi Fransi Capital |
Financial Advisor: | Saudi Fransi Capital |
Legal Advisor: | Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | KPMG Consulting Co., Al Bassam & Co |
Receiving Bank: | Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | SAR 325.19 million |
Subscription Percentage: | 269% |
No. of Subscribers: | 88.44 thousand subscribers |
Allocation: | 10 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around 9.9% on average . |
Chart - AlSaif Stores for Development and Investment Co.
Share Performance
Last Price: | 11.62 |
Change: | (3.52) % |
Market Cap (M): | 4,025.00 |
Turnover: | 25,256,389.00 |
Transactions: | 1,865.00 |
Share Stats
First Day Open: | 9.72 |
First Day High: | 9.96 |
First Day Low: | 9.22 |
First Day Close: | 9.23 |
1st Day Change: | (19.74 %) |
1st Month Change: | (15.74 %) |
1st year Change: | (22.70 %) |
Since listing: | 0.00 % |
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