Logo ofSaudi Industrial Development Co. (SIDC)
The rights trading and subscription period for Saudi Industrial Development Co. (SIDC) begins today, Nov. 12, as part of the company’s capital increase process. 
The company plans to offer 16.5 million shares at SAR 10 each. The rights trading period will end on Nov. 19, while the subscription window closes on Nov. 24.
The capital hike aims to support SIDC’s operational plans, strengthen working capital, and enhance its financial position. The Capital Market Authority (CMA) approved the company’s request for the rights issue in August, and shareholders endorsed the board’s recommendation to raise capital to SAR 300 million on Nov. 6.
Capital Increase Details
Current Capital
SAR 135 mln
CurrentNo. of Shares
13.5 mln
Percentage of Increase
122.22%
New Capital
SAR 300 mln
New No. of Shares
30 mln
Rights Issue Details
Offered Shares
16.5 mln
Offering Price
SAR 10
Issue Size
SAR 165 mln
Eligibility Ratio
Each eligible shareholder will have the right to subscribe to 1.222 shares per each owned share.
Record Date
Nov. 6, 2025 (shareholders registered wit Edaa, at the second trading date following the general assembly meeting)
Trading Period
Nov. 12-19
Subscription Period
Nov. 12-24
Reason for Increase
Enable the company to implement its operational plans, support its working capital and enhance its financial position.
Issue Proceeds
Financing working capital
73
Launching the new identity stores “Sleep High”
40
Repaying some credit facilities
20
Automating production lines
20
Implementing the enterprise resource planning (ERP) system
4
Offering expenses
6
Total
165
Additional Information
Financial Advisor, Lead Manager Underwriter
Alinma Capital
During the subscription period, registered shareholders may exercise their rights as of the record date, as well as any additional rights acquired during the trading period after settlement (two business days). New investors can also subscribe to shares using rights purchased during the period. Shareholders and investors may choose not to act on their rights.
Any unsubscribed shares at the end of the subscription period will be offered during the remaining offering period.
Logo ofSaudi Industrial Development Co. (SIDC)
The rights trading and subscription period for Saudi Industrial Development Co. (SIDC) begins today, Nov. 12, as part of the company’s capital increase process.
The company plans to offer 16.5 million shares at SAR 10 each. The rights trading period will end on Nov. 19, while the subscription window closes on Nov. 24.
The capital hike aims to support SIDC’s operational plans, strengthen working capital, and enhance its financial position. The Capital Market Authority (CMA) approved the company’s request for the rights issue in August, and shareholders endorsed the board’s recommendation to raise capital to SAR 300 million on Nov. 6.
Capital Increase Details
Current Capital
SAR 135 mln
CurrentNo. of Shares
13.5 mln
Percentage of Increase
122.22%
New Capital
SAR 300 mln
New No. of Shares
30 mln
Rights Issue Details
Offered Shares
16.5 mln
Offering Price
SAR 10
Issue Size
SAR 165 mln
Eligibility Ratio
Each eligible shareholder will have the right to subscribe to 1.222 shares per each owned share.
Record Date
Nov. 6, 2025 (shareholders registered wit Edaa, at the second trading date following the general assembly meeting)
Trading Period
Nov. 12-19
Subscription Period
Nov. 12-24
Reason for Increase
Enable the company to implement its operational plans, support its working capital and enhance its financial position.
Issue Proceeds
Financing working capital
73
Launching the new identity stores “Sleep High”
40
Repaying some credit facilities
20
Automating production lines
20
Implementing the enterprise resource planning (ERP) system
4
Offering expenses
6
Total
165
Additional Information
Financial Advisor, Lead Manager Underwriter
Alinma Capital
During the subscription period, registered shareholders may exercise their rights as of the record date, as well as any additional rights acquired during the trading period after settlement (two business days). New investors can also subscribe to shares using rights purchased during the period. Shareholders and investors may choose not to act on their rights.
Any unsubscribed shares at the end of the subscription period will be offered during the remaining offering period.
