Sign In
×Brief
Company Status: | Listed |
Business Activity: | Retail sale of foodstuffs. |
Current Capital: | 24.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 1.37 % |
Offer Price (Riyal): | 150.00 |
Issue Volume (M Riyal): | 43.20 |
Premium: | 140.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | The qualified investor categories stipulated in the glossary of terms used in the regulations and rules of the Capital Market Authority (CMA) . |
Use of Proceeds: | The net proceeds, after the offering expenses estimated at ( SAR 2.50 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: | The Existing Substantial Shareholders may not dispose of any shares during a period of 12 months from the date on which trading of the Offer Shares commences on the Parallel Market ( Restriction Period ), After the said share restriction period has elapsed, the Securities Depository Center will lift the restrictions on those shares directly . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 10/17/2022 |
The minimum & maximum offering price: | 12/18/2022 |
Subscription End Date: | 12/22/2022 |
Allocation Date: | 12/27/2022 |
Distribution Date: | 12/29/2022 |
Listing Date: | 1/10/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Ibrahim A. Al-Fayez | 6.57 | 13.69 % | 128.01 |
wakif S. El-mosi | 6.37 | 13.28 % | 124.17 |
Ibrahim Abdullah Ibrahim Al-Amqian | 5.98 | 12.45 % | 116.41 |
Al-Jawhara Suleiman Muhammad Al-Batel | 5.73 | 11.93 % | 111.55 |
Abdullah Ibrahim Nasser Al-Amqian | 2.50 | 5.21 % | 48.72 |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | - |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | - |
Auditor: | United Accountants Professional Consulting Company |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | 342.69% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Nofoth Food Products Co.
Related News
Nofoth debuts on Nomu today as second listing of 2023Argaam Special10/01/2023
Nofoth shares to debut on Nomu on Jan. 10 Argaam08/01/2023
Edaa adds Nofoth subscribed securities to shareholders’ accountsArgaam08/01/2023
Qualified investors start subscription to 288,000 Nofoth shares todayArgaam Special18/12/2022
Nofoth Food to offer 288,000 shares on Nomu Argaam17/11/2022
Nofoth Food gets CMA’s nod to offer 288,000 shares on Nomu Argaam17/10/2022
Call Request