AI Summary
Logo of Dkhoun National Trading Co.
Dkhoun National Trading Co. issued today, April 13, the prospectus to sell 400,000 ordinary shares (20% of capital) in an initial public offering (IPO) on Nomu-Parallel Market to qualified investors.
Dkhoun’s capital currently stands at SAR 200 million, divided into two million shares, at a nominal value of SAR 10 apiece.
The offering period will run from May 4-8.
In December 2024, the Capital Market Authority (CMA) approved Dkhoun's application to float its shares on Nomu in a direct listing.
Established in 2010, the company's current activity is represented in the retail sale of perfumes, oud and incense.
Nafais Dkhoun Perfumes Co., a subsidiary, manufactures only Dkhoun’s products. It owns a fully-equipped plant in Riyadh that produces, mixes, fills, and packages perfumes and incense.
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Company Profile |
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Company |
Dkhoun National Trading Co. |
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Market |
Nomu-Parallel Market |
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Core Activities |
Sale of perfumes, oud and incense |
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Pre- & Post-IPO Capital |
SAR 20 mln |
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Number of Shares |
2 mln |
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Par Value |
SAR 10/share |
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Company Shareholders |
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Shareholders |
Pre-IPO |
Post-IPO |
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No. of Shares (‘000) |
Ownership (%) |
No. of Shares (‘000) |
Ownership (%) |
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Ibrahim Mansour Mohammed Al-Rajhi |
1,020 |
51.00% |
816 |
40.80% |
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Faris Mansour Mohammed Al-Rajhi |
980 |
49.00% |
784 |
39.20% |
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Qualified investors |
-- |
-- |
400 |
20.00% |
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Total |
2,000 |
100% |
2,000 |
100% |
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Additional Information |
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Financial Advisor & Lead Manager |
Saudi-Kuwaiti Finance House (SKFH) |
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Receiving Entities |
Derayah Financial, SNB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Capital, Riyad Capital, Alistithmar Capital, Albilad Capital, ANB Capital, SAB Invest, Yaqeen Capital, Alkhabeer Capital, Sahm Capital, GIB Capital |
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IPO Summary |
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Issue Percentage |
20% |
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Offered Shares |
400,000 |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
99,990 shares |
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Offer Period |
May 4-8, 2025 (No later than 4:00 pm on the closing day) |
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Final Allocation |
May 12, 2025 |
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Surplus Refund (If any) |
May 14, 2025 |
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