logo ofAlshehili Company 
Alshehili Company for Metal Industries issued its prospectus to float 500,000 shares on the Nomu-Parallel Market.
On Oct. 28, the Capital Market Authority (CMA) approved the company’s IPO application.
The shares on offer represent 25% of the company’s pre-IPO capital, which currently stands at SAR 20 million, divided into 2 million shares, at a nominal value of SAR 10 each. The offered shares also constitute 20% of the post-IPO capital, which will increase to SAR 25 million.
The IPO, limited to qualified investors according to the CMA regulations, will run from Jan. 5-13.
Established in August 2005 in Riyadh, Alshehili’s core activities include manufacturing semi-trailers, tankers, material handling vehicles for construction trucks, truck heads, cooling units, bodies, tail lifts, as well as providing maintenance, repair, and modification services.
Company Profile
Company
Alshehili Company for Metal Industries
Market
Nomu-Parallel Market
Core Activities
Manufacturing of trailers, vehicle production, and refrigeration units
Pre-IPO Capital
SAR 20 mln
Number of Pre-IPO Shares
2 mln
Post-IPO Capital
SAR 25 mln
Number of Post-IPO Shares
2.5 mln
Par Value
SAR 10/share
IPO Summary
Issue Percentage
20% of post-IPO capital (representing 25% of pre-IPO capital)
Offered Shares
2 mln
IPO Minimum Limit
10 shares
IPO Maximum Limit
124,990 shares
Offer period
7 days from Jan. 5-13, 2025
Final Allocation
Jan. 16, 2025
Surplus Refund (If Any)
Jan. 20, 2025
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(mln)
Ownership
(%)
Number of Shares
(mln)
Ownership
(%)
Hala Fahad Nasser Alshehili
1468.6
73.4%
1468.6
58.7%
Mishari Mutrib Ammar Al-Jubail
90.0
4.5%
90
3.6%
Rana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Sana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Abdullah Mohammed Abdullah Al-Abdullatif
61.4
3.1%
61.4
2.5%
Ali Al-Mohammed Al-Muneif Brothers Co.
57.1
2.9%
57.1
2.3%
Maryam Abdulhadi Al-Fandi
54.3
2.7%
54.3
2.2%
Ahmed Samher Ali Al-Harbi
28.6
1.4%
28.6
1.1%
Saif Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Malik Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Mohammed Hassan Abdulrahman Al-Sabah
14.3
0.7%
14.3
0.6%
Youssef Nasser Alshehili
10.0
0.5%
10.0
0.4%
Faiz Nasser Alshehili
7.1
0.4%
7.1
0.3%
Qualified Investors
—
—
500
20%
Total
2000
100%
2500
100%
Additional Information
Financial Advisor
Arbah Capital
Lead Manager
Forsa Capital
Receiving Entities
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 – Derayah Financial
logo ofAlshehili Company
Alshehili Company for Metal Industries issued its prospectus to float 500,000 shares on the Nomu-Parallel Market.
On Oct. 28, the Capital Market Authority (CMA) approved the company’s IPO application.
The shares on offer represent 25% of the company’s pre-IPO capital, which currently stands at SAR 20 million, divided into 2 million shares, at a nominal value of SAR 10 each. The offered shares also constitute 20% of the post-IPO capital, which will increase to SAR 25 million.
The IPO, limited to qualified investors according to the CMA regulations, will run from Jan. 5-13.
Established in August 2005 in Riyadh, Alshehili’s core activities include manufacturing semi-trailers, tankers, material handling vehicles for construction trucks, truck heads, cooling units, bodies, tail lifts, as well as providing maintenance, repair, and modification services.
Company Profile
Company
Alshehili Company for Metal Industries
Market
Nomu-Parallel Market
Core Activities
Manufacturing of trailers, vehicle production, and refrigeration units
Pre-IPO Capital
SAR 20 mln
Number of Pre-IPO Shares
2 mln
Post-IPO Capital
SAR 25 mln
Number of Post-IPO Shares
2.5 mln
Par Value
SAR 10/share
IPO Summary
Issue Percentage
20% of post-IPO capital (representing 25% of pre-IPO capital)
Offered Shares
2 mln
IPO Minimum Limit
10 shares
IPO Maximum Limit
124,990 shares
Offer period
7 days from Jan. 5-13, 2025
Final Allocation
Jan. 16, 2025
Surplus Refund (If Any)
Jan. 20, 2025
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(mln)
Ownership
(%)
Number of Shares
(mln)
Ownership
(%)
Hala Fahad Nasser Alshehili
1468.6
73.4%
1468.6
58.7%
Mishari Mutrib Ammar Al-Jubail
90.0
4.5%
90
3.6%
Rana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Sana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Abdullah Mohammed Abdullah Al-Abdullatif
61.4
3.1%
61.4
2.5%
Ali Al-Mohammed Al-Muneif Brothers Co.
57.1
2.9%
57.1
2.3%
Maryam Abdulhadi Al-Fandi
54.3
2.7%
54.3
2.2%
Ahmed Samher Ali Al-Harbi
28.6
1.4%
28.6
1.1%
Saif Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Malik Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Mohammed Hassan Abdulrahman Al-Sabah
14.3
0.7%
14.3
0.6%
Youssef Nasser Alshehili
10.0
0.5%
10.0
0.4%
Faiz Nasser Alshehili
7.1
0.4%
7.1
0.3%
Qualified Investors
—
—
500
20%
Total
2000
100%
2500
100%
Additional Information
Financial Advisor
Arbah Capital
Lead Manager
Forsa Capital
Receiving Entities
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 – Derayah Financial
