AI Summary
Logo of Ratio Speciality Company for Trading (RATIO)
Ratio Speciality Company for Trading (RATIO) issued today, Jan. 27, its prospectus to float five million shares, or 25% of capital, in an initial public offering (IPO) on Nomu-Parallel Market.
The share sale will run for five working days from Feb. 16-20.
The Capital Market Authority (CMA) approved in December 2024 the application received from the company to register its shares for direct listing on Nomu.
Established in 2018 in Al Ahsa, RATIO is capitalized at SAR 20 million. It operates in cafes and restaurants, commercial franchises, supply chains, and machinery maintenance and supply segments.
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Company Profile |
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Company |
Ratio Speciality Company for Trading (RATIO) |
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Market |
Nomu-Parallel Market |
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Core Activities |
Restaurants and cafes |
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Capital |
SAR 20 mln |
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Number of Shares |
20 mln |
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Share Par Value |
SAR 1 |
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IPO Summary |
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Offered Shares |
25% |
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Offered shares |
5 mln |
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IPO Minimum Limit |
100 shares |
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IPO Maximum Limit |
999,990 shares |
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Offer Period |
Feb. 16-20, 2025 |
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Final Allocation |
Feb. 25, 2025 |
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Surplus Refund (if any) |
Feb. 27, 2025 |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (‘000 ) |
Ownership (%) |
Number of Shares (‘000 ) |
Ownership (%) |
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Derayah Ratio Speciality Investment Co. |
5900.00 |
29.50% |
1900.00 |
9.50% |
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Abdullatif Ibrahim Almulhim |
4088.00 |
20.44% |
3799.50 |
19.00% |
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Ahmed Abdullah Al-Thani |
3384.00 |
16.92% |
3143.50 |
15.72% |
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Ahmed Abdullah Almulhim |
3384.00 |
16.92% |
3143.50 |
15.72% |
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Amr Abdulaziz Almulhim |
1058.00 |
5.29% |
981.85 |
4.91% |
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Saleh Ahmed Almulhim |
1058.00 |
5.29% |
981.85 |
4.91% |
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Ahmed Mohamed Almulhim |
706.00 |
3.53% |
655.90 |
3.28% |
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Mohammed Abdullah Almulhim |
422.00 |
2.11% |
393.90 |
1.97% |
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Qualified investors |
-- |
-- |
5000.00 |
25% |
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Total |
20000.00 |
100% |
20000.00 |
100% |
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Additional Information |
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Financial Advisor |
Amwal Financial |
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Lead Manager |
Derayah Financial |
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Receiving Entities |
Alinma Investment, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Yaqeen Capital |
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