Logo ofSaudi Industrial Development Co. (SIDC)
Saudi Industrial Development Co. (SIDC) announced the prospectus for its capital increase through a SAR 165 million rights offering. 
The company plans to offer about 16.5 million shares at SAR 10 each, to increase capital from SAR 135 million to SAR 300 million.
The capital hike is aimed to enable the company to implement its operational plans, support its working capital and strengthen its financial position.
The Capital Market Authority (CMA) approved in August the request received from the company to increase capital through SAR 165 million rights issue, as per Argaam‘s data.
The company’s shareholders will vote on 122.22% capital hike through rights issue, during an extraordinary general assembly meeting, to be held on Nov. 6, 2025.
Capital Increase Details
Current Capital
SAR 135 mln
Number of Shares
13.5 mln
New Capital
SAR 300 mln
New Number of Shares
30 mln
Percentage of Increase
122.22%
Par Value
SAR 10
Rights Issue Details
Offered shares
16.5 mln
Offering Price
SAR 10
Issue Size
SAR 165 mln
Eligibility Ratio
Each listed shareholder shall have the right to subscribe to 1.222 shares per each owned share.
Rights issue proceeds
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 Arranger and Underwriter
Alinma Capital
Logo ofSaudi Industrial Development Co. (SIDC)
Saudi Industrial Development Co. (SIDC) announced the prospectus for its capital increase through a SAR 165 million rights offering.
The company plans to offer about 16.5 million shares at SAR 10 each, to increase capital from SAR 135 million to SAR 300 million.
The capital hike is aimed to enable the company to implement its operational plans, support its working capital and strengthen its financial position.
The Capital Market Authority (CMA) approved in August the request received from the company to increase capital through SAR 165 million rights issue, as per Argaam‘s data.
The company’s shareholders will vote on 122.22% capital hike through rights issue, during an extraordinary general assembly meeting, to be held on Nov. 6, 2025.
Capital Increase Details
Current Capital
SAR 135 mln
Number of Shares
13.5 mln
New Capital
SAR 300 mln
New Number of Shares
30 mln
Percentage of Increase
122.22%
Par Value
SAR 10
Rights Issue Details
Offered shares
16.5 mln
Offering Price
SAR 10
Issue Size
SAR 165 mln
Eligibility Ratio
Each listed shareholder shall have the right to subscribe to 1.222 shares per each owned share.
Rights issue proceeds
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 Arranger and Underwriter
Alinma Capital
