Logo ofAlshehili Company
Alshehili Co. for Metal Industries set the price range for its potential initial public offering on the Nomu-Parallel Market between SAR 76 and SAR 80 per share, financial advisor Forsa Capital said. 
The book-building process for qualified investors will start on Jan. 5, 2025 and continue until Jan. 13, 2025, the company said in a statement on Tadawul.
According to data available with Argaam, Alshehili plans to offer 500,000 shares on Nomu, representing 25% of its pre-offering capital of SAR 20 million divided into 2 million shares, with a nominal value of SAR 10 per share.
These shares also make up 20% of the post-IPO capital, which will increase to SAR 25 million.
Established in August 2005 in Riyadh, Alshehili specializes in manufacturing semi-trailers, tankers, and material handling vehicles for construction trucks, truck heads, cooling units, bodies, and tail lifts, along with offering maintenance, repair, and modification services.
Logo ofAlshehili Company
Alshehili Co. for Metal Industries set the price range for its potential initial public offering on the Nomu-Parallel Market between SAR 76 and SAR 80 per share, financial advisor Forsa Capital said.
The book-building process for qualified investors will start on Jan. 5, 2025 and continue until Jan. 13, 2025, the company said in a statement on Tadawul.
According to data available with Argaam, Alshehili plans to offer 500,000 shares on Nomu, representing 25% of its pre-offering capital of SAR 20 million divided into 2 million shares, with a nominal value of SAR 10 per share.
These shares also make up 20% of the post-IPO capital, which will increase to SAR 25 million.
Established in August 2005 in Riyadh, Alshehili specializes in manufacturing semi-trailers, tankers, and material handling vehicles for construction trucks, truck heads, cooling units, bodies, and tail lifts, along with offering maintenance, repair, and modification services.
