‎Sport Clubs debuts on TASI today at SAR 7.5/share

‎Sport Clubs debuts on TASI today at SAR 7.5/share ‎Sport Clubs debuts on TASI today at SAR 7.5/share

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Logo ofSport Clubs Co.

Sport Clubs Co. starts trading on the Main Market (TASI) today, July 22, under the symbol 6018 and ISIN Code SA56BG3IU118, at SAR 7.5 per share.

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The stock will trade in the first three days with daily and static price fluctuation limits of±30% and±10%, respectively. Starting the fourth trading day onwards, the daily price fluctuation limits will revert to±10%, while the static price fluctuation limits will no longer apply.

For More IPOs

Sport Clubs Co. is the ninth listing on TASI in 2025 afterAlmoosa Health Co.on Jan. 7,Nice One Beauty Digital Marketing Co.on Jan. 8,and DerayahFinancial Co.on March 10. This is in addition to Arabian Company for Agricultural Industrial Investments (Entaj) on March 17, Umm Al Qura for Development and Construction Co. (UQDC)on March 24, United Carton Industries Co. (UCIC)on May 27, flynas on June 18, and Specialized Medical Co. (SMC) on June 25.

In 2024, 13 companies listed onTadawul, in addition toAlistithmar AREIC Diversified REIT Fund.

Following the Sport Clubs Co. listing, the number of companies listed on TASI would reach 240, along with 19 real estate traded funds (REITs).

The company offered 34.32 million shares, or 30% of its capital, on TASI. It allocated 80% of the shares to institutional investors, while the remaining 20% for retail investors.

The retail IPO was 533.6% oversubscribed, with the order book reaching nearly SAR 247.7 million. Meanwhile, institutional IPO was 44.1x covered.

A minimum of 10 shares was allocated to each retail investor, while the remaining shares will be allocated pro rata, with an average allocation factor of 12.5%.

Company Info

Sports Clubs is a Saudi closed joint-stock company, established in 1994 and headquartered in Riyadh.

The company’s main activities include the wholesale and retail trade of sports equipment, tools, and apparel; the purchase of land for the construction of buildings and investment therein through sale or lease for the benefit of the company; the construction, management, and maintenance of gymnasiums; general contracting for buildings; and electrical, mechanical, and electronic works.

The company’s current capital is SAR 114.4 million, divided into 114.4 million shares at a par value of SAR 1 per share.

Company Profile

Company

Sport Clubs Co.

Core Activities

Establishment, management, and operation of sports clubs

Pre-IPO Capital

SAR 104 mln

Number of Shares

104 mln

Post-IPO Capital

SAR 114.4 mln

Number of Shares

114.4 mln

Nominal Value

SAR 1 per share

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(‘000)

Ownership (%)

Number of Shares

(‘000)

Ownership (%)

Alforas Alkhasa Investment Co.

41,600.00

40.00%

32,032.00

28.00%

Alforas Almasiya Sports Co.

35,879.00

34.50%

27,626.83

24.15%

Elaf Al Khaleej Trading Investment Co.

5,691.02

5.47%

4,382.08

3.83%

Abdulkadir Almuhaideeb Sons Co.

4,742.51

4.56%

3,651.73

3.19%

Al-Fawzan Holding Co.

4,742.51

4.56%

3,651.73

3.19%

Ammar Abdulwahid Falih Al-Khudairy

4,425.76

4.26%

3,407.84

2.98%

Omran Mohammed Abdulrahman Al-Omran

1,822.53

1.75%

1,403.35

1.23%

Prince Sultan Mohamed Saudi Al Kabeer Al Saud

1,215.02

1.17%

935.56

0.82%

Abdullatif Alissa Group Holding Co.

1,215.02

1.17%

935.56

0.82%

Abdulaziz Al-Sughair Trading Investment Co.

1,215.02

1.17%

935.56

0.82%

Abdullah Saad Abdulrahman Al-Rashed

1,215.02

1.17%

935.56

0.82%

Fahad Abdullah Abdul Latif Al-Mubarak

235.60

0.23%

181.42

0.16%

Alforas Alfiddiya Investment Co.

1.00

0.001%

0.77

0.0007%

Public

34,320.00

30.0%

Total

104,000.00

100%

114,400.00

100%

 

Logo ofSport Clubs Co.

Sport Clubs Co. starts trading on the Main Market (TASI) today, July 22, under the symbol 6018 and ISIN Code SA56BG3IU118, at SAR 7.5 per share.

The stock will trade in the first three days with daily and static price fluctuation limits of±30% and±10%, respectively. Starting the fourth trading day onwards, the daily price fluctuation limits will revert to±10%, while the static price fluctuation limits will no longer apply.

For More IPOs

Sport Clubs Co. is the ninth listing on TASI in 2025 afterAlmoosa Health Co.on Jan. 7,Nice One Beauty Digital Marketing Co.on Jan. 8,and DerayahFinancial Co.on March 10. This is in addition to Arabian Company for Agricultural Industrial Investments (Entaj) on March 17, Umm Al Qura for Development and Construction Co. (UQDC)on March 24, United Carton Industries Co. (UCIC)on May 27, flynas on June 18, and Specialized Medical Co. (SMC) on June 25.

In 2024, 13 companies listed onTadawul, in addition toAlistithmar AREIC Diversified REIT Fund.

Following the Sport Clubs Co. listing, the number of companies listed on TASI would reach 240, along with 19 real estate traded funds (REITs).

The company offered 34.32 million shares, or 30% of its capital, on TASI. It allocated 80% of the shares to institutional investors, while the remaining 20% for retail investors.

The retail IPO was 533.6% oversubscribed, with the order book reaching nearly SAR 247.7 million. Meanwhile, institutional IPO was 44.1x covered.

A minimum of 10 shares was allocated to each retail investor, while the remaining shares will be allocated pro rata, with an average allocation factor of 12.5%.

Company Info

Sports Clubs is a Saudi closed joint-stock company, established in 1994 and headquartered in Riyadh.

The company’s main activities include the wholesale and retail trade of sports equipment, tools, and apparel; the purchase of land for the construction of buildings and investment therein through sale or lease for the benefit of the company; the construction, management, and maintenance of gymnasiums; general contracting for buildings; and electrical, mechanical, and electronic works.

The company’s current capital is SAR 114.4 million, divided into 114.4 million shares at a par value of SAR 1 per share.

Company Profile

Company

Sport Clubs Co.

Core Activities

Establishment, management, and operation of sports clubs

Pre-IPO Capital

SAR 104 mln

Number of Shares

104 mln

Post-IPO Capital

SAR 114.4 mln

Number of Shares

114.4 mln

Nominal Value

SAR 1 per share

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(‘000)

Ownership (%)

Number of Shares

(‘000)

Ownership (%)

Alforas Alkhasa Investment Co.

41,600.00

40.00%

32,032.00

28.00%

Alforas Almasiya Sports Co.

35,879.00

34.50%

27,626.83

24.15%

Elaf Al Khaleej Trading Investment Co.

5,691.02

5.47%

4,382.08

3.83%

Abdulkadir Almuhaideeb Sons Co.

4,742.51

4.56%

3,651.73

3.19%

Al-Fawzan Holding Co.

4,742.51

4.56%

3,651.73

3.19%

Ammar Abdulwahid Falih Al-Khudairy

4,425.76

4.26%

3,407.84

2.98%

Omran Mohammed Abdulrahman Al-Omran

1,822.53

1.75%

1,403.35

1.23%

Prince Sultan Mohamed Saudi Al Kabeer Al Saud

1,215.02

1.17%

935.56

0.82%

Abdullatif Alissa Group Holding Co.

1,215.02

1.17%

935.56

0.82%

Abdulaziz Al-Sughair Trading Investment Co.

1,215.02

1.17%

935.56

0.82%

Abdullah Saad Abdulrahman Al-Rashed

1,215.02

1.17%

935.56

0.82%

Fahad Abdullah Abdul Latif Al-Mubarak

235.60

0.23%

181.42

0.16%

Alforas Alfiddiya Investment Co.

1.00

0.001%

0.77

0.0007%

Public

34,320.00

30.0%

Total

104,000.00

100%

114,400.00

100%

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