Latest news with #NafCompany
Argaam
12 hours ago
- Business
- Argaam
Naf Nomu offering price set at SAR 76/shr
TeamOne Co., the financial advisor on the initial public offering (IPO) of Naf Company for Feed for Industry on the Nomu-Parallel Market, set the offer price at SAR 76 per share, according to a statement to Tadawul. The Capital Market Authority (CMA) approved, in March, Naf's application for direct listing on Nomu. The company plans to float 400,000 shares, representing 20% of its issued capital, according to Argaam 's data. For More IPOs The share sale will run from June 22-26. 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.
Argaam
25-05-2025
- Business
- Argaam
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
