Lamasat Co. issued today, Dec. 31, the prospectus to list 6 million shares on the Nomu-Parallel Market.
The offered shares represent 8% of its pre-IPO capital of SAR 75 million, divided into 75 million shares at SAR 1 per share. Meanwhile, they represent 7.41% of post-IPO capital of SAR 81 million.
The IPO will be limited to qualified investors, as per the Capital Market Authority’s (CMA) instructions. The share offering will run for six days during the period Jan. 20-27, 2024.
On Sept. 30, the CMA approved the company’s application to list its shares on Nomu.
Lamasat Co. was established as a limited liability company in Madinah in 2006. The company’s current actual activity is to provide women’s grooming services, sell goods and products related to cosmetics and sell products through websites, provide personal care services and provide photography and montage services.
Company Profile
Company
Lamasat Co.
Market
Nomu – Parallel Market
Core Activities
Women’s grooming and selling cosmetics
Pre-IPO Capital
SAR 75 mln
Number of Shares
75 mln
Post-IPO Capital
SAR 81 mln
Number of shares after IPO
81 mln
Share Par Value
SAR 1 per share
IPO Summary
Issue Percentage
7.41% of post-IPO capital (8% pre-IPO capital)
Offered shares
6 mln shares
IPO Minimum Limit
100 shares
IPO Maximum Limit
4,049,900 shares
Offer period
Six working days from Jan. 20-27, 2025.
Final Allocation
Jan. 30, 2025
Refund (if any)
Feb. 3, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Aisha Salem Rizk Badawi
25.54
34.05%
25.54
31.53%
Mohamed Hamza Mohammed Masoudi
18.08
24.10%
18.08
22.32%
Ahmed Hamza Mohammed Masoudi
17.50
23.34%
17.50
21.61%
Hazem Hamza Mohammed Masoudi
6.57
8.77%
6.57
8.12%
Abeer Hamza Mohammed Masoudi
6.18
8.24%
6.18
7.63%
Hatim Hamza Mohammed Masoudi
1.12
1.50%
1.12
1.38%
New shares to be offered to qualified investors
—
—
6.00
7.41%
Total
75.00
100%
81.00
100%
Additional Information
Financial Advisor and Lead Manager
Yaqeen Capital
Receiving Banks
Alinma Investment, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Derayah Financial.
Lamasat Co. issued today, Dec. 31, the prospectus to list 6 million shares on the Nomu-Parallel Market.
The offered shares represent 8% of its pre-IPO capital of SAR 75 million, divided into 75 million shares at SAR 1 per share. Meanwhile, they represent 7.41% of post-IPO capital of SAR 81 million.
The IPO will be limited to qualified investors, as per the Capital Market Authority’s (CMA) instructions. The share offering will run for six days during the period Jan. 20-27, 2024.
On Sept. 30, the CMA approved the company’s application to list its shares on Nomu.
Lamasat Co. was established as a limited liability company in Madinah in 2006. The company’s current actual activity is to provide women’s grooming services, sell goods and products related to cosmetics and sell products through websites, provide personal care services and provide photography and montage services.
Company Profile
Company
Lamasat Co.
Market
Nomu – Parallel Market
Core Activities
Women’s grooming and selling cosmetics
Pre-IPO Capital
SAR 75 mln
Number of Shares
75 mln
Post-IPO Capital
SAR 81 mln
Number of shares after IPO
81 mln
Share Par Value
SAR 1 per share
IPO Summary
Issue Percentage
7.41% of post-IPO capital (8% pre-IPO capital)
Offered shares
6 mln shares
IPO Minimum Limit
100 shares
IPO Maximum Limit
4,049,900 shares
Offer period
Six working days from Jan. 20-27, 2025.
Final Allocation
Jan. 30, 2025
Refund (if any)
Feb. 3, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Aisha Salem Rizk Badawi
25.54
34.05%
25.54
31.53%
Mohamed Hamza Mohammed Masoudi
18.08
24.10%
18.08
22.32%
Ahmed Hamza Mohammed Masoudi
17.50
23.34%
17.50
21.61%
Hazem Hamza Mohammed Masoudi
6.57
8.77%
6.57
8.12%
Abeer Hamza Mohammed Masoudi
6.18
8.24%
6.18
7.63%
Hatim Hamza Mohammed Masoudi
1.12
1.50%
1.12
1.38%
New shares to be offered to qualified investors
—
—
6.00
7.41%
Total
75.00
100%
81.00
100%
Additional Information
Financial Advisor and Lead Manager
Yaqeen Capital
Receiving Banks
Alinma Investment, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Derayah Financial.
