Logo ofEFSIM Facilities Management Co.
EFSIM Facilities Management Co. announced today, Nov. 25, its IPO prospectus for the offering of 16.8 million of its shares on Tadawul’s TASI. 
The offered shares represent 30% of the post-offering and post-capital increase share capital and 37.3% of the pre-offering and pre-capital increase share capital, bringing the total capital to SAR 112 million, divided into 56 million shares with a nominal value of SAR 2 per share.
As part of the offering, existing investors will sell 5.8 million shares proportionate to their ownership, representing 10.4% of the post-offering share capital.
The new shares will account for 19.6% of the post-offering share capital, with 11 million shares to be issued by the company.
The company intends to use the proceeds from the offering, after distributing the selling shareholders’ portion and covering offering expenses, to finance working capital, invest in new technologies and equipment, construct or acquire worker housing, purchase transportation means, and for general corporate purposes.
The subscription period for institutional investors, including order book building, is scheduled from December 1 to 7, 2025. Meanwhile, the subscription period for individual investors will run from December 18 to 22, 2025.
In September, the company obtained approval from the Capital Market Authority (CMA) to list its shares on Tadawul’s TASI.
The subscription is limited to two categories of investors:
Tranche (A):Participating parties: This comprises the categories that are entitled to participate in the book building process.
Tranche (B):Individual subscribers: This tranche comprises Saudi nationals, including and any non-Saudi natural person who is a resident in the Kingdom and any GCC national, who holds a bank account with one of the receiving entities, and are allowed to open an investment account. A total of 2.57 million shares will be allocated to them, representing 20% of total offered shares.
EFSIM was established in 2008 under the name Amcor Saudi Arabia Limited, later converted into a closed joint-stock company, and in 2024 its name was changed to EFSIM FacilitiesManagement Co.
The company provides integrated facility management services throughout the Kingdom for over 15 years, focusing primarily on facility management, including cleaning, operations, and maintenance. It focuses on aviation, education, and oil and gas.
According to the commercial register, the company’s activities include general building cleaning, exterior building cleaning, pest control and fumigation, maintenance of parks and public gardens, operation of storage facilities, catering services, and other related activities.
Company Info
Company
EFSIM FacilitiesManagement
Core Activity
Facility Management Services
Capital
SAR 90 mln
No. of Shares
45 mln shares
Capital Post-Offering
SAR 112 mln
No. of Shares Post-Offering
56 mln shares
Par Value
SAR 2
IPO Information
Offering Percentage
30% of post-offering capital; 37.3% of pre-capital increase
No. of Offered shares
16.8 mln shares (5.8 mln from existing shareholders; 11 mln newly issued)
No. of Offered Shares to Retail Investors
5.04 mln shares (30% of total offering)
IPO Minimum Limit (Participating Parties)
50,000 shares
IPO Minimum Limit (Retail Investors)
10 shares
IPO Maximum Limit (ParticipatingParties)
2,799,999 shares
IPO Maximum Limit (Retail Investors)
750,000 shares
Offering Period
Dec 18–22, 2025 (5 calendar days including closing day)
Final Allocation
Dec 25, 2025
Surplus Refund (if any)
Dec 25, 2025
Major Shareholders
Shareholder
Pre-IPO
Post-IPO
No. of Shares
(mln)
Ownership (%)
No. of Shares
(mln)
Ownership (%)
EFS Group
24.75
55%
21.56
38.5%
AlKhafrah Holding (AKH)
6.75
15%
5.88
10.5%
Lamaa Co.*
5.85
13%
5.10
9.1%
CareerFirstCo.
4.50
10%
3.92
7.0%
Khalid Al Gwaiz**
3.15
7%
2.74
4.9%
Public
—
—
16.80
30%
Total
45
100%
56
100%
* Fully owned by Abdulraouf Albitar, who indirectly owns 8.4% of the company through 100% ownership of LHC Investment, which holds 15.34% of EFS Group, which in turn owns 55% of the company before the offering.
** Khalid Al Gwaiz will no longer be considered a major shareholder after the offering, as his ownership falls below 5%.
Additional Information
Financial Advisor, Lead Manager Underwriter
EFG Hermes Saudi Arabia
Receiving Agents
Derayah Financial – SNB Capital – BSF Capital – EFG Hermes – Riyad Capital – Aljazira Capital – Yaqeen Financial – Albilad Capital– ANB Capital – Al Rajhi Capital – Istithmar Capital – Alinma Capital– SAB Invest – Alkhabeer Capital– GIB Capital – Musharaka Capital – Awaed – Sahm Capital
Logo ofEFSIM Facilities Management Co.
EFSIM Facilities Management Co. announced today, Nov. 25, its IPO prospectus for the offering of 16.8 million of its shares on Tadawul’s TASI.
The offered shares represent 30% of the post-offering and post-capital increase share capital and 37.3% of the pre-offering and pre-capital increase share capital, bringing the total capital to SAR 112 million, divided into 56 million shares with a nominal value of SAR 2 per share.
As part of the offering, existing investors will sell 5.8 million shares proportionate to their ownership, representing 10.4% of the post-offering share capital.
The new shares will account for 19.6% of the post-offering share capital, with 11 million shares to be issued by the company.
The company intends to use the proceeds from the offering, after distributing the selling shareholders’ portion and covering offering expenses, to finance working capital, invest in new technologies and equipment, construct or acquire worker housing, purchase transportation means, and for general corporate purposes.
The subscription period for institutional investors, including order book building, is scheduled from December 1 to 7, 2025. Meanwhile, the subscription period for individual investors will run from December 18 to 22, 2025.
In September, the company obtained approval from the Capital Market Authority (CMA) to list its shares on Tadawul’s TASI.
The subscription is limited to two categories of investors:
Tranche (A):Participating parties: This comprises the categories that are entitled to participate in the book building process.
Tranche (B):Individual subscribers: This tranche comprises Saudi nationals, including and any non-Saudi natural person who is a resident in the Kingdom and any GCC national, who holds a bank account with one of the receiving entities, and are allowed to open an investment account. A total of 2.57 million shares will be allocated to them, representing 20% of total offered shares.
EFSIM was established in 2008 under the name Amcor Saudi Arabia Limited, later converted into a closed joint-stock company, and in 2024 its name was changed to EFSIM FacilitiesManagement Co.
The company provides integrated facility management services throughout the Kingdom for over 15 years, focusing primarily on facility management, including cleaning, operations, and maintenance. It focuses on aviation, education, and oil and gas.
According to the commercial register, the company’s activities include general building cleaning, exterior building cleaning, pest control and fumigation, maintenance of parks and public gardens, operation of storage facilities, catering services, and other related activities.
Company Info
Company
EFSIM FacilitiesManagement
Core Activity
Facility Management Services
Capital
SAR 90 mln
No. of Shares
45 mln shares
Capital Post-Offering
SAR 112 mln
No. of Shares Post-Offering
56 mln shares
Par Value
SAR 2
IPO Information
Offering Percentage
30% of post-offering capital; 37.3% of pre-capital increase
No. of Offered shares
16.8 mln shares (5.8 mln from existing shareholders; 11 mln newly issued)
No. of Offered Shares to Retail Investors
5.04 mln shares (30% of total offering)
IPO Minimum Limit (Participating Parties)
50,000 shares
IPO Minimum Limit (Retail Investors)
10 shares
IPO Maximum Limit (ParticipatingParties)
2,799,999 shares
IPO Maximum Limit (Retail Investors)
750,000 shares
Offering Period
Dec 18–22, 2025 (5 calendar days including closing day)
Final Allocation
Dec 25, 2025
Surplus Refund (if any)
Dec 25, 2025
Major Shareholders
Shareholder
Pre-IPO
Post-IPO
No. of Shares
(mln)
Ownership (%)
No. of Shares
(mln)
Ownership (%)
EFS Group
24.75
55%
21.56
38.5%
AlKhafrah Holding (AKH)
6.75
15%
5.88
10.5%
Lamaa Co.*
5.85
13%
5.10
9.1%
CareerFirstCo.
4.50
10%
3.92
7.0%
Khalid Al Gwaiz**
3.15
7%
2.74
4.9%
Public
—
—
16.80
30%
Total
45
100%
56
100%
* Fully owned by Abdulraouf Albitar, who indirectly owns 8.4% of the company through 100% ownership of LHC Investment, which holds 15.34% of EFS Group, which in turn owns 55% of the company before the offering.
** Khalid Al Gwaiz will no longer be considered a major shareholder after the offering, as his ownership falls below 5%.
Additional Information
Financial Advisor, Lead Manager Underwriter
EFG Hermes Saudi Arabia
Receiving Agents
Derayah Financial – SNB Capital – BSF Capital – EFG Hermes – Riyad Capital – Aljazira Capital – Yaqeen Financial – Albilad Capital– ANB Capital – Al Rajhi Capital – Istithmar Capital – Alinma Capital– SAB Invest – Alkhabeer Capital– GIB Capital – Musharaka Capital – Awaed – Sahm Capital
