SIDC said that the rights’ subscription period will continue until Nov. 24, 2025
The rightstrading period of Saudi Industrial Development Co. (SIDC)ends today, Nov. 19, as part of the company’s capital hike from SAR 135 million to SAR 300 million. 
The subscription and rights trading period began on Nov. 12, while the subscription period will continue until Nov. 24, 2025.
Rights holders are entitled to subscribe, fully or partially, to the new shares within the limit of the rights held in their portfolios.
Capital Increase Details
Current Capital
SAR 135 mln
No. 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 for each share owned
Record date
Nov. 6, 2025 (Shareholders of record registered with Edaa by the end of the second trading day following the EGM)
Trading period
Nov. 12-19, 2025
Subscription period
Nov. 12-24, 2025
Issue Proceeds (SAR mln)
Financing working capital
73.00
Launching the new identity stores “Sleep High”
40.00
Repaying some credit facilities
22.00
Automating production lines
20.00
Implementing the enterprise resource planning (ERP) system
4.00
Offering expenses
6.00
Total
165.00
Additional Information
Financial Advisor, Lead Manager Underwriter
Alinma Capital
SIDC said that the rights’ subscription period will continue until Nov. 24, 2025
The rightstrading period of Saudi Industrial Development Co. (SIDC)ends today, Nov. 19, as part of the company’s capital hike from SAR 135 million to SAR 300 million.
The subscription and rights trading period began on Nov. 12, while the subscription period will continue until Nov. 24, 2025.
Rights holders are entitled to subscribe, fully or partially, to the new shares within the limit of the rights held in their portfolios.
Capital Increase Details
Current Capital
SAR 135 mln
No. 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 for each share owned
Record date
Nov. 6, 2025 (Shareholders of record registered with Edaa by the end of the second trading day following the EGM)
Trading period
Nov. 12-19, 2025
Subscription period
Nov. 12-24, 2025
Issue Proceeds (SAR mln)
Financing working capital
73.00
Launching the new identity stores “Sleep High”
40.00
Repaying some credit facilities
22.00
Automating production lines
20.00
Implementing the enterprise resource planning (ERP) system
4.00
Offering expenses
6.00
Total
165.00
Additional Information
Financial Advisor, Lead Manager Underwriter
Alinma Capital
