25-05-2025
Naf issues prospectus to float 400,000 shares on Nomu
Naf Company for Feed for Industry issued today, May 25, the prospectus to float 400,000 shares, or 20% of capital, on the Nomu-Parallel Market.
The company's current capital amounts to SAR 20 million, divided into two million shares at a par value of SAR 10 each.
For More IPOs
The share sale will run from June 22-26.
The Capital Market Authority (CMA) approved, in March, the company's application for direct listing on Nomu.
Incepted in 2015, the company was established in Riyadh as a branch of a sole proprietorship under the name "Naf Feed Factory for Industry Co.", before transforming into a closed joint-stock firm.
Its current actual activity is the manufacturing and sale of feed products.
Company Profile
Company
Naf Company for Feed for Industry
Core Activities
Manufacturing and sale of feed products
Market
Nomu-Parallel Market
Capital
SAR 20 mln
Number of Shares
2 mln
Nominal Value
SAR 10
IPO Summary
Issue Percentage
20%
Offered Shares
400,000
IPO Minimum Limit
10 shares
IPO Maximum Limit
90,000 shares
Offer Period
June 22-26, 2025
Final Allocation
June 30, 2025
Surplus Refund (If any)
July 2, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
('000)
Ownership (%)
Number of Shares
('000)
Ownership (%)
Fayez Ithaar Talhab Al-Harbi
840
42%
672
33.6%
Saud bin Habbas Al-Gharabi Al-Harbi
840
42%
672
33.6%
Abdullah Sulaiman Al-Khalifa
320
16%
256
12.8%
Qualified investors
--
--
400
20%
Total
2000
100%
2000
100%
Additional Information
Financial Advisor
TeamOne Consulting
Lead Manager
Derayah Financial
