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×Brief
Company Status: | Listed |
Business Activity: | It provides labour recruitment and manpower services in the Kingdom to corporate clients in the public and private sectors, and individuals. |
Current Capital: | 150.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Services |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 64.00 |
Issue Volume (M Riyal): | 288.00 |
Premium: | 54.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 4.05 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 749.99 Thousand Shares |
Eligibility : | _ Participating Parties, _ Individual Investors . |
Use of Proceeds: | The Net Offering Proceeds amounting to approximately SAR 273 million after deducting the Offering expenses estimated at SAR 15 million, will be paid to the Selling Shareholders on a pro rata basis according to the number of Offer Shares being sold by each Selling Shareholder. The Company will not receive any part of the Offering Proceeds . |
Restrictions on Dealing in Shares: | Major shareholders 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 they may not dispose shares during this period. After the lapse of this period, they may dispose their shares without the need to get a prior consent from the Authority . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 12/26/2022 |
The minimum & maximum offering price: | 5/28/2023 |
Subscription End Date: | 5/30/2023 |
Allocation Date: | 6/5/2023 |
Distribution Date: | 6/6/2023 |
Listing Date: | 6/19/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Alomaier Trading and Contracting Co. | 3.59 | 23.94 % | 423.74 |
Al-Ayuni Investment and Contracting Co. | 3.59 | 23.94 % | 423.74 |
Khalda Trading Group | 0.76 | 5.05 % | 89.39 |
Advisors
Lead Manager: | AlJazira Capital Company |
Underwriter: | AlJazira Capital Company |
Financial Advisor: | AlJazira Capital Company |
Legal Advisor: | Al Sallum and Al Toaimi Low Firm |
Auditor: | KPMG Consulting Co. |
Receiving Bank: | Bank Aljazira, Al Rajhi Bank |
IPO results
Proceeds: | SAR 473.7 million |
Subscription Percentage: | 1644.93% |
No. of Subscribers: | 245.79 thousand subscribers |
Allocation: | 1 share per individual subscriber & The remaining shares will be allocated on a pro rata basis at around 2.85358% on average . |
Chart - Al Mawarid Manpower Co.
Share Performance
Last Price: | 118.00 |
Change: | 3.28 % |
Market Cap (M): | 1,794.00 |
Turnover: | 14,566,069.00 |
Transactions: | 1,373.00 |
Share Stats
First Day Open: | 86.00 |
First Day High: | 95.00 |
First Day Low: | 83.30 |
First Day Close: | 89.10 |
1st Day Change: | 39.22 % |
1st Month Change: | 123.44 % |
1st year Change: | - |
Since listing: | 86.88 % |
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