Logo ofInternational Unions for Trade Co. (IUTC)
International Unions for Trade Co. (IUTC) issued today, Jan. 8, the prospectus to list 13% of its capital, representing 247,000 shares, on the Nomu-Parallel Market.
The share offering will be limited to qualified investors and will run for five days from Feb. 2-6.
In October 2024, the CMA approved the company’s application to list its shares on Nomu.
Founded in Riyadh in 2012, IUTC operates in the water, wastewater, and energy sectors across Saudi Arabia, the Middle East, and North Africa.
The company specializes in infrastructure, water and wastewater networks, and advanced flow control solutions. It also manufactures and distributes smart metering products, ductile iron pipes, pipe fittings, and valves for potable water and sewage projects.
IUTC owns Rex Arabia Industries Co., a subsidiary engaged in casting iron and steel (finished and semi-finished products), as well as manufacturing pipes, tubes, and fittings.
Company Profile
Company
International Unions for Trade Co. (IUTC)
Market
Nomu-Parallel Market
Core Activities
Infrastructure, water sewerage services
Pre-IPO Capital
SAR 19 mln
Number of Shares
1.9 mln
Share Par Value
SAR 10
IPO Summary
Issue Percentage
13%
Offered Shares
247,000
IPO Minimum Limit
10 shares
IPO Maximum Limit
94,990 shares
Offer Period
Five working days from Feb. 2-6, 2025
Final Allocation
Feb. 11, 2025
Surplus Refund (if any)
Feb. 13, 2025
Company Shareholders
Shareholder
Pre-IPO
Post-IPO
Number of Shares
(000’)
Ownership (%)
Number of Shares
(000’)
Ownership (%)
Abdulaziz Al-Otaibi
1,884.8
99.20%
1,637.8
86.20%
Raed Al-Otaibi
15.2
0.80%
15.2
0.80%
Qualified Investors
—
—
247.0
13.00%
Total
1,900
100.00%
1,900
100%
Additional Information
Financial Advisor Lead Manager
Yaqeen Capital
Receiving Entities
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
Logo ofInternational Unions for Trade Co. (IUTC)
International Unions for Trade Co. (IUTC) issued today, Jan. 8, the prospectus to list 13% of its capital, representing 247,000 shares, on the Nomu-Parallel Market.
The share offering will be limited to qualified investors and will run for five days from Feb. 2-6.
In October 2024, the CMA approved the company’s application to list its shares on Nomu.
Founded in Riyadh in 2012, IUTC operates in the water, wastewater, and energy sectors across Saudi Arabia, the Middle East, and North Africa.
The company specializes in infrastructure, water and wastewater networks, and advanced flow control solutions. It also manufactures and distributes smart metering products, ductile iron pipes, pipe fittings, and valves for potable water and sewage projects.
IUTC owns Rex Arabia Industries Co., a subsidiary engaged in casting iron and steel (finished and semi-finished products), as well as manufacturing pipes, tubes, and fittings.
Company Profile
Company
International Unions for Trade Co. (IUTC)
Market
Nomu-Parallel Market
Core Activities
Infrastructure, water sewerage services
Pre-IPO Capital
SAR 19 mln
Number of Shares
1.9 mln
Share Par Value
SAR 10
IPO Summary
Issue Percentage
13%
Offered Shares
247,000
IPO Minimum Limit
10 shares
IPO Maximum Limit
94,990 shares
Offer Period
Five working days from Feb. 2-6, 2025
Final Allocation
Feb. 11, 2025
Surplus Refund (if any)
Feb. 13, 2025
Company Shareholders
Shareholder
Pre-IPO
Post-IPO
Number of Shares
(000’)
Ownership (%)
Number of Shares
(000’)
Ownership (%)
Abdulaziz Al-Otaibi
1,884.8
99.20%
1,637.8
86.20%
Raed Al-Otaibi
15.2
0.80%
15.2
0.80%
Qualified Investors
—
—
247.0
13.00%
Total
1,900
100.00%
1,900
100%
Additional Information
Financial Advisor Lead Manager
Yaqeen Capital
Receiving Entities
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

