Logo of Zahr Al Khuzama Aluminum Co.
Zahr Al Khuzama Aluminum Co. issued today, Oct. 20, the prospectus to float 300,000 ordinary shares on the Nomu-Parallel Market.
The offered shares represent 25% of its pre-IPO capital of SAR 12 million, divided into 1.2 million shares at SAR 10 per share.
Meanwhile, they account for 20% of post-IPO capital of SAR 15 million.
The IPO will be limited to qualified investors, as per the Capital Market Authority's (CMA) instructions. The share offering will run for five days from Nov. 12-18.
In June, the CMA approved the company's application to list its shares on Nomu.
Zahr Al Khuzama was established as a sole proprietorship under the name Zahr Al Khuzama Aluminum Factory in 2016. Its core business activities include the manufacture of aluminum and glass doors and windows, as well as the production of metal structures and components made of aluminum and iron (such as glass support frames). The company also specializes in the manufacturing of glass facades and cladding panels.
Company Profile |
|
Company |
Zahr Al Khuzama Aluminum Co. |
Market |
Nomu-Parallel Market |
Core Activities |
Manufacturing aluminum and glass products, metal structures and components, glass facades and cladding panels |
Pre-IPO Capital |
SAR 12 mln |
Number of Shares |
1.2 mln ordinary shares |
Post-IPO Capital |
SAR 15 mln |
Number of shares after IPO |
1.5 mln ordinary shares |
Nominal Value |
SAR 10 |
IPO Summary |
|
Issue Percentage |
25% of pre-IPO capital and 20% of post-IPO capital |
Offered Shares |
300,000 shares |
IPO Minimum Limit |
10 shares |
IPO Maximum Limit |
74,990 shares |
Offer period |
Nov. 12-18, 2025 |
Final Allocation |
Nov. 23, 2025 |
Refund (if any) |
Nov. 25, 2025 |
Additional Information |
|
Financial Advisor |
Amwal Capital |
Lead Manager |
Derayah Financial |
Receiving Agents |
Alinma Capital, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, Musharaka Capital, EFG-Hermes, Awaed Alosool Capital |
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