‎IUTC issues prospectus for 13% Nomu IPO

‎IUTC issues prospectus for 13% Nomu IPO ‎IUTC issues prospectus for 13% Nomu IPO

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Logo ofInternational Unions for Trade Co. (IUTC)

International Unions for Trade Co. (IUTC) issued today, Jan. 8, the prospectus to list 13% of its capital, representing 247,000 shares, on the Nomu-Parallel Market.

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The share offering will be limited to qualified investors and will run for five days from Feb. 2-6.

For More IPOs

In October 2024, the CMA approved the company’s application to list its shares on Nomu.

Founded in Riyadh in 2012, IUTC operates in the water, wastewater, and energy sectors across Saudi Arabia, the Middle East, and North Africa.

The company specializes in infrastructure, water and wastewater networks, and advanced flow control solutions. It also manufactures and distributes smart metering products, ductile iron pipes, pipe fittings, and valves for potable water and sewage projects.

IUTC owns Rex Arabia Industries Co., a subsidiary engaged in casting iron and steel (finished and semi-finished products), as well as manufacturing pipes, tubes, and fittings.

Company Profile

Company

International Unions for Trade Co. (IUTC)

Market

Nomu-Parallel Market

Core Activities

Infrastructure, water sewerage services

Pre-IPO Capital

SAR 19 mln

Number of Shares

1.9 mln

Share Par Value

SAR 10

IPO Summary

Issue Percentage

13%

Offered Shares

247,000

IPO Minimum Limit

10 shares

IPO Maximum Limit

94,990 shares

Offer Period

Five working days from Feb. 2-6, 2025

Final Allocation

Feb. 11, 2025

Surplus Refund (if any)

Feb. 13, 2025

Company Shareholders

Shareholder

Pre-IPO

Post-IPO

Number of Shares

(000’)

Ownership (%)

Number of Shares

(000’)

Ownership (%)

Abdulaziz Al-Otaibi

1,884.8

99.20%

1,637.8

86.20%

Raed Al-Otaibi

15.2

0.80%

15.2

0.80%

Qualified Investors

247.0

13.00%

Total

1,900

100.00%

1,900

100%

Additional Information

Financial Advisor Lead Manager

Yaqeen Capital

Receiving Entities

Alinma Investment, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Derayah Financial

 

Logo ofInternational Unions for Trade Co. (IUTC)

International Unions for Trade Co. (IUTC) issued today, Jan. 8, the prospectus to list 13% of its capital, representing 247,000 shares, on the Nomu-Parallel Market.

The share offering will be limited to qualified investors and will run for five days from Feb. 2-6.

For More IPOs

In October 2024, the CMA approved the company’s application to list its shares on Nomu.

Founded in Riyadh in 2012, IUTC operates in the water, wastewater, and energy sectors across Saudi Arabia, the Middle East, and North Africa.

The company specializes in infrastructure, water and wastewater networks, and advanced flow control solutions. It also manufactures and distributes smart metering products, ductile iron pipes, pipe fittings, and valves for potable water and sewage projects.

IUTC owns Rex Arabia Industries Co., a subsidiary engaged in casting iron and steel (finished and semi-finished products), as well as manufacturing pipes, tubes, and fittings.

Company Profile

Company

International Unions for Trade Co. (IUTC)

Market

Nomu-Parallel Market

Core Activities

Infrastructure, water sewerage services

Pre-IPO Capital

SAR 19 mln

Number of Shares

1.9 mln

Share Par Value

SAR 10

IPO Summary

Issue Percentage

13%

Offered Shares

247,000

IPO Minimum Limit

10 shares

IPO Maximum Limit

94,990 shares

Offer Period

Five working days from Feb. 2-6, 2025

Final Allocation

Feb. 11, 2025

Surplus Refund (if any)

Feb. 13, 2025

Company Shareholders

Shareholder

Pre-IPO

Post-IPO

Number of Shares

(000’)

Ownership (%)

Number of Shares

(000’)

Ownership (%)

Abdulaziz Al-Otaibi

1,884.8

99.20%

1,637.8

86.20%

Raed Al-Otaibi

15.2

0.80%

15.2

0.80%

Qualified Investors

247.0

13.00%

Total

1,900

100.00%

1,900

100%

Additional Information

Financial Advisor Lead Manager

Yaqeen Capital

Receiving Entities

Alinma Investment, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Derayah Financial

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