Naf issues prospectus to float 400,000 shares on Nomu

Logo of Naf for Feed for Industry Co.

Naf Company for Feed for Industry issued today, May 25, the prospectus to float 400,000 shares, or 20% of capital, on the Nomu-Parallel Market.

 

The company’s current capital amounts to SAR 20 million, divided into two million shares at a par value of SAR 10 each.

 

For More IPOs

 

The share sale will run from June 22-26.

 

The Capital Market Authority (CMA) approved, in March, the company’s application for direct listing on Nomu.

 

Incepted in 2015, the company was established in Riyadh as a branch of a sole proprietorship under the name "Naf Feed Factory for Industry Co.", before transforming into a closed joint-stock firm.

 

Its current actual activity is the manufacturing and sale of feed products.

 

Company Profile 

Company 

Naf Company for Feed for Industry

Core Activities 

Manufacturing and sale of feed products

Market

Nomu-Parallel Market

Capital 

SAR 20 mln

Number of Shares 

2 mln

Nominal Value 

SAR 10
 

IPO Summary

Issue Percentage

20%

Offered Shares

400,000

IPO Minimum Limit

10 shares

IPO Maximum Limit

90,000 shares

Offer Period

June 22-26, 2025

Final Allocation

June 30, 2025

Surplus Refund (If any)

July 2, 2025
 

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(‘000)

Ownership (%)

Number of Shares

(‘000)

Ownership (%)

Fayez Ithaar Talhab Al-Harbi

840

42%

672

33.6%

Saud bin Habbas Al-Gharabi Al-Harbi

840

42%

672

33.6%

Abdullah Sulaiman Al-Khalifa

320

16%

256

12.8%

Qualified investors

--

--

400

20%

Total

2000

100%

2000

100%
 

Additional Information

Financial Advisor

TeamOne Consulting

Lead Manager

Derayah Financial

Receiving Entities

Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, BSF Capital, Alinma Investment, Al Rajhi Capital, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Yaqeen Capital, Sahm Capital, SNB Capital

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