Logo of ITMAM Consulting Co.
ITMAM Consulting Co. issued today, Dec. 17, the prospectus to list three million shares on the Nomu-Parallel Market.
The offered shares represent 15% of the company's pre-IPO of SAR 20 million (divided into 20 million shares) at SAR 1 per share. These shares also represent 14.29% of post-IPO capital amounting to SAR 21 million.
The IPO, limited to qualified investors according to the CMA regulations, will run for six working days from Jan. 5-12.
In October, the Capital Market Authority (CMA) approved the company's application to float its shares on Nomu.
ITMAM Consulting was established in 2018 in Riyadh. The company's current actual activity is to provide management consulting services, including business transformation, assessment and commitment, capacity building and development.
The company's activities, as stated in its commercial register, include rehabilitating and restructuring the administrative, financial and operational processes of establishments, providing senior management consulting services, market research and opinion polls, integrated administrative services activities for offices, business incubators and accelerators activities (requires a license from the Small & Medium Enterprises General Authority), organizing and managing exhibitions and conferences, organizing and managing crowds, and operating exhibition and conference centers and facilities.
Company Profile |
|
Company |
ITMAM Consulting Co. |
Market |
Nomu-Parallel Market |
Core Activities |
Providing management consulting services |
Capital before IPO |
SAR 20 mln |
Number of Shares |
20 mln |
Capital after IPO |
SAR 21 mln |
New Number of Shares |
21 mln |
Par Value |
SAR 1 per share |
IPO Summary |
|
Issue Percentage |
14.29% of post-increase capital (15% of pre-IPO capital) |
Offered Shares |
3 mln |
IPO Minimum Limit |
100 shares |
IPO Maximum Limit |
1049900 shares |
Offer Period |
Six working days from Jan. 5-12 |
Final Allocation |
Jan. 15, 2025 |
Surplus Refund (If any) |
Jan. 19, 2025 |
Company Shareholders |
||||
Shareholder |
Pre-IPO |
Post-IPO |
||
Number of Shares (‘000) |
Ownership (%) |
Number of Shares (‘000) |
Ownership (%) |
|
Wajd Holding Group |
4000 |
20.00% |
3600 |
17.14% |
Abdul Rahman Abdullah Hamoud Al Nuwaiser |
2950 |
14.75% |
2655 |
12.64% |
Mohammed Suleiman Abdullah Al-Zaben |
2950 |
14.75% |
2655 |
12.64% |
Asset Management Co. |
2500 |
12.50% |
2250 |
10.71% |
Ali Mohammed Rashid Al-Balla |
2400 |
12.00% |
2160 |
10.29% |
Adham Saleh Hamdam Jan Qari |
2000 |
10.00% |
1800 |
8.57% |
Home of Future Administrative |
2000 |
10.00% |
1800 |
8.57% |
Mohammed Saad Hamoud Al-Asimi |
800 |
4.00% |
720 |
3.43% |
Abdulrahman Abdulmohsen Mohammed Al-Khalaf |
100 |
0.50% |
90 |
0.43% |
Azzam Omar Abdulrahman Al-Mufdi |
100 |
0.50% |
90 |
0.43% |
Abdulaziz Abdulrahman Abdullah Al-Faryan |
100 |
0.50% |
90 |
0.43% |
Ruba Abdullah Muayyad Al-Thunayan |
100 |
0.50% |
90 |
0.43% |
Qualified Investors |
-- |
0.4% |
3000 |
14.29% |
Total |
20000 |
100% |
21000 |
100% |
Additional Information |
|
Financial Advisor & Lead Manager |
Yaqeen Capital |
Receiving Entities |
Alinma Investment - Al Rajhi Capital - SNB Capital - BSF Capital - Riyad Capital - ANB Capital - Alistithmar Capital - Albilad Capital - AlJazira Capital - GIB Capital - Alkhabeer Capital - SAB Invest - Sahm Capital - Derayah Financial |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}