SIDC’s rights issue subscription period began on Nov. 12
The subscription period of Saudi Industrial Development Co.’s (SIDC)rights issue ends today, Nov. 24. 
The subscription period began on Nov. 12,through the offering of 16.5 million shares at a price of SAR 10 per share via a rights issue valued at SAR 165 million.
SIDC’s rights trading period ended on Nov. 19.
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’s rights issue subscription period began on Nov. 12
The subscription period of Saudi Industrial Development Co.’s (SIDC)rights issue ends today, Nov. 24.
The subscription period began on Nov. 12,through the offering of 16.5 million shares at a price of SAR 10 per share via a rights issue valued at SAR 165 million.
SIDC’s rights trading period ended on Nov. 19.
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
