Logo of Shmoh Almadi Co.


Shmoh Almadi Co. issued today, Dec. 3, the prospectus to list 1.4 million shares on the Nomu-Parallel Market.
 

The offered shares represent 17.5% of pre-IPO capital of SAR 40 million (14.89% of post-IPO capital). The pre-IPO capital is divided into 8 million shares at a par value of SAR 5 each.  

 

For More IPOs

 

The share sale will run for eight working days from Dec. 24 to Dec. 31, 2024.
 

In September, the Capital Market Authority (CMA) approved the company's application to float its shares on Nomu.

 

Shmoh Almadi was established as a sole proprietorship in Riyadh in 2006 and later converted into a shareholding company.

 

The company's activities, as stated in its commercial register, include the manufacture of bread and its products by automated bakeries; biscuits of all kinds; popular food bread; and raw pastry sheets including matai. This is in addition to the manufacture of popular and oriental sweets of all kinds, land transportation of goods, and transportation of refrigerated and frozen goods. The company's activities also include refrigerated food stores, storage in silos of grain, flour, and agricultural products, as well as refrigerated and dry food stores, retail sale of bakery products and sweets.

 

Company Profile 

Company 

Shmoh Almadi Co.

Market 

Nomu - Parallel Market

Core Activities 

Confectioneries

Pre-IPO Capital

SAR 40 mln

Number of Shares 

8 mln 

Post-IPO Capital

SAR 47 mln

Number of shares after IPO

9.4 mln

Share Par Value 

SAR 5

 

IPO Summary

Issue Percentage

14.89% (17.5% of pre-IPO capital)

Offered shares

1.4 mln

IPO Minimum Limit

10 shares

IPO Maximum Limit

469,990 shares

Offer period

8 days from Dec. 24-31, 2024

Final Allocation

Jan. 5, 2025

Refund (if any)

Jan. 7, 2025

 

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(‘000)

Ownership (%)

Number of Shares

(‘000)

Ownership (%)

Fahad Mohammed Abdullah Al-Khudairi

3200

40.00%

3200

34.04%

Thani Abdulaziz Abdulrahman Al-Ahmed

1600

20.00%

1600

17.02%

Ahmed Abdulaziz Abdulrahman Al-Ahmed

1360

17.00%

1360

14.47%

Mishari Fahd Mohammed Al-Khudairi

320

4.00%

320

3.40%

Abdullah Abdulaziz Abdulrahman Al-Ahmed

240

3.00%

240

2.55%

Fahad Abdulaziz Abdulrahman Al-Ahmed

240

3.00%

240

2.55%

Yazid Abdullah Ali Hammad

80

1.00%

80

0.85%

Abdullah Fahad Mohammed Al-Khudairi

320

4.00%

320

3.40%

Abdulaziz Thani Abdulaziz Al-Ahmed

320

4.00%

320

3.40%

Ahmed Thani Abdulaziz Al-Ahmed

320

4.00%

320

3.40%

QFIs

--

--

1400

14.89%

Total

8000

100%

9400

100%

 

Additional Information

Financial Advisor and Lead Manager

Value Capital

Receiving Banks

Alinma Investment, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital and Derayah Financial.

Comments 12

1
0
17

H.M.Dx

منذ 2 يوم
توزيع ممتاز . ادارة قوية
2
0
10

محمد غ

منذ 2 يوم

وليش نزل السهم اليوم؟؟؟

3
2
323

صبوووور

منذ 2 يوم
ماشاء الله تبارك الله كان عندي السهم ب 76 هلله وبعته
10
2
299

LORD OF STOCK MARKET

منذ 1 يوم
Replying to   صبوووور
طلعت ما انت صبور
4
5
1371

hard_love

منذ 2 يوم

توقعت اكثر 

6
0
58

neehamu

منذ 2 يوم
Replying to   hard_love

expectations hurts

5
0
72

توزيع ممتاز 

7
0
8

DrEng

منذ 2 يوم

توزيع ممتاز بانتظار وصول السهم ل٤ دراهم

12
0
476

Yousef @

منذ 14 ساعة
Replying to   DrEng

بعد التوزيع 

8
0
24

عبدالحافظ

منذ 2 يوم
ماذا بشان من يبع او يشتري بتاريخ ٢٦ مارس هل يكون مستحقا
9
15
1256

بوحصة

منذ 2 يوم

كل سنه زيادة ٥ فلوس

11
2
412

محمد ي. شاهين

منذ 17 ساعة

بقسمة نسبة التوزيع على سعر السهم بتاريخ مصادقة الجمعية العمومية للشركة يمثل ربحية السهم والتي بلغت 7.24% وتعتبر نسبة ممتازة قياسا بشركات كبيرة اخرى وبالتوفيق يا ادارة ومساهمي العربية للطيران   

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