Logo ofSahat Almajd Co.
Sahat Almajd Trading Co. issued today, Sept. 25, the prospectus to float 4.38 million shares on the Nomu-Parallel Market. 
The offered shares represent 12.5% of its pre-IPO capital of SAR 35 million, divided into 35 million shares at SAR 1 per share. They represent 11.11% of post-IPO capital.
The offering will be limited to qualified investors, as per the Capital Market Law provisions.
The share sale will run for five working days from Oct. 19-23, 2025.
In June, the CMA approved the company’s application to list its shares on Nomu.
Sahat Al-Majd Trading Co. was initially established as a sole proprietorship in 2005 in Riyadh. It was later converted into a limited liability company, and eventually into a closed joint-stock company in 2024.
The company’s current business activities include producing and selling premium chocolates under the “Hanoverin” brand, producing and distributing fresh baked goods and pastries through “Suzam”, serving specialty coffee under the “Jadeel Coffee” brand.
The company’s activities also include producing and marketing “Spark” carbonated beverages; wholesale distribution of various types of chocolate, baked goods, and beverages; wholesale trading of solid fuels, including charcoal and coal; offering and marketing fresh juices and cold beverages within Saudi Arabia.
Company Profile
Company
Sahat Almajd Trading Co.
Market
Nomu – Parallel Market
Core Activities
Production and sale of baked goods, pastries, premium chocolates, and other related products.
Pre-IPO Capital
SAR 35 mln
Number of Shares
35 mln
Post-IPO Capital
SAR 39.37 mln
Number of shares after IPO
39.37 mln fully paid-up shares.
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
12.5% of pre-IPO capital
11.11% of post-IPO capiltal
Offered shares
4.38 mln fully paid-up shares.
IPO Minimum Limit
100 shares
IPO Maximum Limit
1.97 mln
Offer period
The share sale will run for five working days from Oct. 19-23, 2025.
Final Allocation
Oct. 28, 2025
Refund (if any)
Oct. 30, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Tawarud Establishment
10.68
30.50%
10.68
27.11%
Saleh Mohamed Ibrahim Alhumaidhi
7.92
22.64%
7.92
20.12%
Mohammed Saleh Mohammed Alhumaidhi
2.28
6.50%
2.28
5.78%
Nawaf Saleh Mohammed Alhumaidhi
2.03
5.80%
2.03
5.16%
Badr Saleh Mohammed Alhumaidhi
1.68
4.80%
1.68
4.27%
Mansour Saleh Mohammed Alhumaidhi
1.61
4.60%
1.61
4.09%
Omar Saleh Mohammed Alhumaidhi
1.61
4.60%
1.61
4.09%
Abdulwahid Saleh Mohammed Alhumaidhi
1.40
4.00%
1.40
3.56%
Abdulmajid Saleh Mohammed Alhumaidhi
1.40
4.00%
1.40
3.56%
Abdulaziz Saleh Mohammed Alhumaidhi
1.40
4.00%
1.40
3.56%
Other shareholders (16 shareholders owning less than 4%)
2.99
8.56%
2.99
7.59%
New shares to be offered to qualified investors
—
—
4.38
11.11%
Total
35.00
100%
7.94
100%
Additional Information
Financial Advisor and Lead Manager
Value Capital
Receiving Banks
Derayah Financial, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, Alinma Investment, ANB Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG-Hermes, Musharaka Capital, Awaed Alosool Capital
Logo ofSahat Almajd Co.
Sahat Almajd Trading Co. issued today, Sept. 25, the prospectus to float 4.38 million shares on the Nomu-Parallel Market.
The offered shares represent 12.5% of its pre-IPO capital of SAR 35 million, divided into 35 million shares at SAR 1 per share. They represent 11.11% of post-IPO capital.
The offering will be limited to qualified investors, as per the Capital Market Law provisions.
The share sale will run for five working days from Oct. 19-23, 2025.
In June, the CMA approved the company’s application to list its shares on Nomu.
Sahat Al-Majd Trading Co. was initially established as a sole proprietorship in 2005 in Riyadh. It was later converted into a limited liability company, and eventually into a closed joint-stock company in 2024.
The company’s current business activities include producing and selling premium chocolates under the “Hanoverin” brand, producing and distributing fresh baked goods and pastries through “Suzam”, serving specialty coffee under the “Jadeel Coffee” brand.
The company’s activities also include producing and marketing “Spark” carbonated beverages; wholesale distribution of various types of chocolate, baked goods, and beverages; wholesale trading of solid fuels, including charcoal and coal; offering and marketing fresh juices and cold beverages within Saudi Arabia.
Company Profile
Company
Sahat Almajd Trading Co.
Market
Nomu – Parallel Market
Core Activities
Production and sale of baked goods, pastries, premium chocolates, and other related products.
Pre-IPO Capital
SAR 35 mln
Number of Shares
35 mln
Post-IPO Capital
SAR 39.37 mln
Number of shares after IPO
39.37 mln fully paid-up shares.
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
12.5% of pre-IPO capital
11.11% of post-IPO capiltal
Offered shares
4.38 mln fully paid-up shares.
IPO Minimum Limit
100 shares
IPO Maximum Limit
1.97 mln
Offer period
The share sale will run for five working days from Oct. 19-23, 2025.
Final Allocation
Oct. 28, 2025
Refund (if any)
Oct. 30, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Tawarud Establishment
10.68
30.50%
10.68
27.11%
Saleh Mohamed Ibrahim Alhumaidhi
7.92
22.64%
7.92
20.12%
Mohammed Saleh Mohammed Alhumaidhi
2.28
6.50%
2.28
5.78%
Nawaf Saleh Mohammed Alhumaidhi
2.03
5.80%
2.03
5.16%
Badr Saleh Mohammed Alhumaidhi
1.68
4.80%
1.68
4.27%
Mansour Saleh Mohammed Alhumaidhi
1.61
4.60%
1.61
4.09%
Omar Saleh Mohammed Alhumaidhi
1.61
4.60%
1.61
4.09%
Abdulwahid Saleh Mohammed Alhumaidhi
1.40
4.00%
1.40
3.56%
Abdulmajid Saleh Mohammed Alhumaidhi
1.40
4.00%
1.40
3.56%
Abdulaziz Saleh Mohammed Alhumaidhi
1.40
4.00%
1.40
3.56%
Other shareholders (16 shareholders owning less than 4%)
2.99
8.56%
2.99
7.59%
New shares to be offered to qualified investors
—
—
4.38
11.11%
Total
35.00
100%
7.94
100%
Additional Information
Financial Advisor and Lead Manager
Value Capital
Receiving Banks
Derayah Financial, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, Alinma Investment, ANB Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG-Hermes, Musharaka Capital, Awaed Alosool Capital
