Logo ofShmoh Almadi Co.
Shmoh Almadi Co.will start trading on theNomu-Parallel Market today, Jan. 13, under the symbol9622 and ISIN Code SA1660B4MB12, at SAR 22 per share. 
The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively.
The company earlier floated 1.4 million shares on Nomu, representing 14.89% of its post-IPO capital, with coverage ratio of 195.5%.
The company’s post-IPO capital amounted to SAR 47 million, divided into 9.4 million shares, at a par value of SAR 5each.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
This listing brings the number of Nomu-listed firms to 106, in addition to Alwaha REIT Fund.
Shmoh Almadi was established as a sole proprietorship in Riyadh in 2006. It later converted into a joint stock company.
The company’s activities, as stated in its commercial register, include the manufacture of bread and its products by automated bakeries; biscuits of all kinds; popular food bread; and raw pastry sheets including matai. This is in addition to the manufacture of popular and oriental sweets of all kinds, land transportation of goods, and transportation of refrigerated and frozen goods. The company’s activities also include refrigerated food stores, storage in silos of grain, flour, and agricultural products, as well as refrigerated and dry food stores, retail sale of bakery products and sweets.
Company Profile
Company
Shmoh Almadi Co.
Market
Nomu-Parallel Market
Core Activities
Confectioneries
Pre-IPO Capital
SAR 40 mln
Number of Shares
8 mln
Post-IPO Capital
SAR 47 mln
Number of shares after IPO
9.4 mln
Share Par Value
SAR 5
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Fahad Mohammed Abdullah Al-Khudairi
3200
40.00%
3200
34.04%
Thani Abdulaziz Abdulrahman Al-Ahmed
1600
20.00%
1600
17.02%
Ahmed Abdulaziz Abdulrahman Al-Ahmed
1360
17.00%
1360
14.47%
Mishari Fahd Mohammed Al-Khudairi
320
4.00%
320
3.40%
Abdullah Abdulaziz Abdulrahman Al-Ahmed
240
3.00%
240
2.55%
Fahad Abdulaziz Abdulrahman Al-Ahmed
240
3.00%
240
2.55%
Yazid Abdullah Ali Hammad
80
1.00%
80
0.85%
Abdullah Fahad Mohammed Al-Khudairi
320
4.00%
320
3.40%
Abdulaziz Thani Abdulaziz Al-Ahmed
320
4.00%
320
3.40%
Ahmed Thani Abdulaziz Al-Ahmed
320
4.00%
320
3.40%
Qualified investors
—
—
1400
14.89%
Total
8000
100%
9400
100%
Logo ofShmoh Almadi Co.
Shmoh Almadi Co.will start trading on theNomu-Parallel Market today, Jan. 13, under the symbol9622 and ISIN Code SA1660B4MB12, at SAR 22 per share.
The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively.
The company earlier floated 1.4 million shares on Nomu, representing 14.89% of its post-IPO capital, with coverage ratio of 195.5%.
The company’s post-IPO capital amounted to SAR 47 million, divided into 9.4 million shares, at a par value of SAR 5each.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
This listing brings the number of Nomu-listed firms to 106, in addition to Alwaha REIT Fund.
Shmoh Almadi was established as a sole proprietorship in Riyadh in 2006. It later converted into a joint stock company.
The company’s activities, as stated in its commercial register, include the manufacture of bread and its products by automated bakeries; biscuits of all kinds; popular food bread; and raw pastry sheets including matai. This is in addition to the manufacture of popular and oriental sweets of all kinds, land transportation of goods, and transportation of refrigerated and frozen goods. The company’s activities also include refrigerated food stores, storage in silos of grain, flour, and agricultural products, as well as refrigerated and dry food stores, retail sale of bakery products and sweets.
Company Profile
Company
Shmoh Almadi Co.
Market
Nomu-Parallel Market
Core Activities
Confectioneries
Pre-IPO Capital
SAR 40 mln
Number of Shares
8 mln
Post-IPO Capital
SAR 47 mln
Number of shares after IPO
9.4 mln
Share Par Value
SAR 5
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Fahad Mohammed Abdullah Al-Khudairi
3200
40.00%
3200
34.04%
Thani Abdulaziz Abdulrahman Al-Ahmed
1600
20.00%
1600
17.02%
Ahmed Abdulaziz Abdulrahman Al-Ahmed
1360
17.00%
1360
14.47%
Mishari Fahd Mohammed Al-Khudairi
320
4.00%
320
3.40%
Abdullah Abdulaziz Abdulrahman Al-Ahmed
240
3.00%
240
2.55%
Fahad Abdulaziz Abdulrahman Al-Ahmed
240
3.00%
240
2.55%
Yazid Abdullah Ali Hammad
80
1.00%
80
0.85%
Abdullah Fahad Mohammed Al-Khudairi
320
4.00%
320
3.40%
Abdulaziz Thani Abdulaziz Al-Ahmed
320
4.00%
320
3.40%
Ahmed Thani Abdulaziz Al-Ahmed
320
4.00%
320
3.40%
Qualified investors
—
—
1400
14.89%
Total
8000
100%
9400
100%
