Logo ofAlshehili Co.
Shares of Alshehili Co. made their debut on the Nomu-Parallel Market today, Jan. 29, with the symbol 9624 and ISIN Code SA168H84MC16, at SAR 80 apiece. 
The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.
The company offered 500,600 shares to qualified investors, representing 20% of its share capital. The initial public offering (IPO) was 231.8% covered.
The company’s post-IPO capital will amount to SAR 20 million, divided into 2 million shares at SAR 10 each.
This brings the total listings to four on Nomu this year, including one direct listing and three offerings to qualified investors.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
Twareat and Alshehili will bring the number of listed companies on Nomu to 108, in addition to Alwaha REIT Fund.
Company Profile:
Established in August 2005 in Riyadh, Alshehili specializes in manufacturing semi-trailers, tankers, and material handling vehicles for construction trucks, truck heads, cooling units, bodies, and tail lifts, along with offering maintenance, repair, and modification services.
Company Profile
Company
Alshehili Co. for Metal Industries
Market
Nomu-Parallel Market
Core Activities
Manufacturing of trailers, vehicle production, and refrigeration units
Pre-IPO Capital
SAR 20 mln
Number of Pre-IPO Shares
2 mln
Post-IPO Capital
SAR 25 mln
Number of Post-IPO Shares
2.5 mln
Par Value
SAR 10/share
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(mln)
Ownership
(%)
Number of Shares
(mln)
Ownership
(%)
HalaFahad Nasser Alshehili
1,468.6
73.4%
1,468.6
58.7%
Mishari Mutrib Ammar Al-Jubail
90.0
4.5%
90
3.6%
Rana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Sana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Abdullah Mohammed Abdullah Al-Abdullatif
61.4
3.1%
61.4
2.5%
Ali Al-Mohammed Al-Muneif Brothers Co.
57.1
2.9%
57.1
2.3%
Maryam Abdulhadi Al-Fandi
54.3
2.7%
54.3
2.2%
Ahmed Samher Ali Al-Harbi
28.6
1.4%
28.6
1.1%
Saif Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Malik Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Mohammed Hassan Abdulrahman Al-Sabah
14.3
0.7%
14.3
0.6%
Youssef Nasser Alshehili
10.0
0.5%
10.0
0.4%
Faiz Nasser Alshehili
7.1
0.4%
7.1
0.3%
Qualified Investors
—
—
500
20%
Total
2,000
100%
2,500
100%
Logo ofAlshehili Co.
Shares of Alshehili Co. made their debut on the Nomu-Parallel Market today, Jan. 29, with the symbol 9624 and ISIN Code SA168H84MC16, at SAR 80 apiece.
The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.
The company offered 500,600 shares to qualified investors, representing 20% of its share capital. The initial public offering (IPO) was 231.8% covered.
The company’s post-IPO capital will amount to SAR 20 million, divided into 2 million shares at SAR 10 each.
This brings the total listings to four on Nomu this year, including one direct listing and three offerings to qualified investors.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
Twareat and Alshehili will bring the number of listed companies on Nomu to 108, in addition to Alwaha REIT Fund.
Company Profile:
Established in August 2005 in Riyadh, Alshehili specializes in manufacturing semi-trailers, tankers, and material handling vehicles for construction trucks, truck heads, cooling units, bodies, and tail lifts, along with offering maintenance, repair, and modification services.
Company Profile
Company
Alshehili Co. for Metal Industries
Market
Nomu-Parallel Market
Core Activities
Manufacturing of trailers, vehicle production, and refrigeration units
Pre-IPO Capital
SAR 20 mln
Number of Pre-IPO Shares
2 mln
Post-IPO Capital
SAR 25 mln
Number of Post-IPO Shares
2.5 mln
Par Value
SAR 10/share
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(mln)
Ownership
(%)
Number of Shares
(mln)
Ownership
(%)
HalaFahad Nasser Alshehili
1,468.6
73.4%
1,468.6
58.7%
Mishari Mutrib Ammar Al-Jubail
90.0
4.5%
90
3.6%
Rana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Sana Fahad Nasser Alshehili
90.0
4.5%
90
3.6%
Abdullah Mohammed Abdullah Al-Abdullatif
61.4
3.1%
61.4
2.5%
Ali Al-Mohammed Al-Muneif Brothers Co.
57.1
2.9%
57.1
2.3%
Maryam Abdulhadi Al-Fandi
54.3
2.7%
54.3
2.2%
Ahmed Samher Ali Al-Harbi
28.6
1.4%
28.6
1.1%
Saif Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Malik Abdullah Mohammed Al-Abdullatif
14.3
0.7%
14.3
0.6%
Mohammed Hassan Abdulrahman Al-Sabah
14.3
0.7%
14.3
0.6%
Youssef Nasser Alshehili
10.0
0.5%
10.0
0.4%
Faiz Nasser Alshehili
7.1
0.4%
7.1
0.3%
Qualified Investors
—
—
500
20%
Total
2,000
100%
2,500
100%
