Logo ofAl Taiseer Group Talco Industrial Co. (Talco)
Al Taiseer Group Talco Industrial Co.(Talco)published the prospectus for offering 12 million shares on the Saudi Exchange (Tadawul). 
The company plans to float 12 million shares, or 30%of the company’s capital of SAR 400 million, divided into 40 million shares, at SAR 10 par value per share.
In December2023, the Capital Market Authority (CMA) approved Talco application to list on the Main Market (TASI).
The registration and book-building period will run for three days from May 20-23, 2024.
Retail investor share sale will be held from May 28-29, 2024.
Qualified Subscribers
Participating parties: Those who are qualified to participate in the book building process, including investment funds, foreign companies and institutions, investors from GCC companies, and other foreign investors by virtue of swap agreements. Initially, all offered shares (100%) are allocated to this category. If there is sufficient demand from retail investors, the number of shares for participating parties will be reduced to 10.8 million shares, or 90% of total offered shares.
Individual investors: Saudi nationals, non-Saudi natural persons resident in the Kingdom, nationals of GCC states who have a bank account with one of the receiving entities. The category was allocated 1.2 million shares, or 10% of the total offering.
Altaiseer Group Talco Industrial Co., a closed Saudi joint stock company, was established in 2009, and headquartered in Riyadh.
The company’s current activities are represented in aluminum, powder coating products, and accessory products, manufacturing and marketing.
Company Profile
Company
Altaiseer Group Talco Industrial Co.
Market
TASI
Core Activities
Aluminum
Capital
SAR 400 mln
Number of Shares
40 mln
Share Par Value
SAR 10
IPO Summary
Issue Percentage
30%
Number of Shares Offered
12 mln
Qualified Subscribers
Participating institutions and individuals
IPO Minimum Limit for Retail Investors
10 shares
IPO Minimum Limit for Institutional Investors
50,000 shares
IPO Maximum Limit for Retail Investors
250,000 shares
IPO Maximum Limit for Institutional Investors
2 mln shares
Institutional Offer Period and Book Building
From May 20 to 23, 2024
Retail Offering
From May 28 to 29, 2024
Final Allocation
June 2, 2024
Refund (if any)
June 2, 2024
Additional Information
Financial Advisor, Lead Manager, Book-Runner, and Underwriter
Alinma Investment
Receiving Banks
Al Rajhi Bank, Alinma Bank, Riyad Bank
Major Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(mln)
Ownership
(%)
Number of Shares
(mln)
Ownership
(%)
Mansour Kamel Ibrahim Al-FattouhAl-Blwi
7.68
19.21%
5.38
13.45%
Nasser Kamel Ibrahim Al- Fattouh Al-Blwi
6.73
16.83%
4.71
11.78%
Elham Mahmoud Obaid Ibrahim
4.49
11.24%
3.15
7.87%
Dalal Kamel Ibrahim Al- FattouhAl-Blwi
3.34
8.34%
2.34
5.84%
Manal Kamel Ibrahim Al- FattouhAl-Blwi
3.34
8.34%
2.34
5.84%
Nawaf Khaled Kamel Al- FattouhAl-Blwi
2.94
7.36%
2.06
5.15%
Abdulaziz Khaled Kamel Al- FattouhAl-Blwi
2.94
7.36%
2.06
5.15%
Amal Kamel Ibrahim Al- FattouhAl-Blwi
2.86
7.15%
2.00
5.01%
ShathaMuwaffaqKamel Al- Fattouh Al-Blwi
2.86
7.15%
2.00
5.01%
KhadraaRashid Harbi Al Fattouh
0.95
2.38%
0.67
1.67%
BasmahHussainSalem Al Fattouh Al-Blwi
0.84
2.10%
0.59
1.47%
Ibrahim Abdulaziz Kamel Al Fattouh Al-Blwi
0.25
0.63%
0.18
0.44%
Muhammad Abdulaziz Kamel Al Fattouh Al-Blwi
0.25
0.63%
0.18
0.44%
FarisAbdulaziz Kamel Al Fattouh Al-Blwi
0.25
0.63%
0.18
0.44%
Fatima Ali Hassan Al Fattouh
0.13
0.32%
0.09
0.22%
Reem Abdulaziz Kamel Al Fattouh Al-Blwi
0.13
0.32%
0.09
0.22%
Public
—
—
12.0
30 %
Total
40.0
100 %
40.0
100 %
Logo ofAl Taiseer Group Talco Industrial Co. (Talco)
Al Taiseer Group Talco Industrial Co.(Talco)published the prospectus for offering 12 million shares on the Saudi Exchange (Tadawul).
The company plans to float 12 million shares, or 30%of the company’s capital of SAR 400 million, divided into 40 million shares, at SAR 10 par value per share.
In December2023, the Capital Market Authority (CMA) approved Talco application to list on the Main Market (TASI).
The registration and book-building period will run for three days from May 20-23, 2024.
Retail investor share sale will be held from May 28-29, 2024.
Qualified Subscribers
Participating parties: Those who are qualified to participate in the book building process, including investment funds, foreign companies and institutions, investors from GCC companies, and other foreign investors by virtue of swap agreements. Initially, all offered shares (100%) are allocated to this category. If there is sufficient demand from retail investors, the number of shares for participating parties will be reduced to 10.8 million shares, or 90% of total offered shares.
Individual investors: Saudi nationals, non-Saudi natural persons resident in the Kingdom, nationals of GCC states who have a bank account with one of the receiving entities. The category was allocated 1.2 million shares, or 10% of the total offering.
Altaiseer Group Talco Industrial Co., a closed Saudi joint stock company, was established in 2009, and headquartered in Riyadh.
The company’s current activities are represented in aluminum, powder coating products, and accessory products, manufacturing and marketing.
Company Profile
Company
Altaiseer Group Talco Industrial Co.
Market
TASI
Core Activities
Aluminum
Capital
SAR 400 mln
Number of Shares
40 mln
Share Par Value
SAR 10
IPO Summary
Issue Percentage
30%
Number of Shares Offered
12 mln
Qualified Subscribers
Participating institutions and individuals
IPO Minimum Limit for Retail Investors
10 shares
IPO Minimum Limit for Institutional Investors
50,000 shares
IPO Maximum Limit for Retail Investors
250,000 shares
IPO Maximum Limit for Institutional Investors
2 mln shares
Institutional Offer Period and Book Building
From May 20 to 23, 2024
Retail Offering
From May 28 to 29, 2024
Final Allocation
June 2, 2024
Refund (if any)
June 2, 2024
Additional Information
Financial Advisor, Lead Manager, Book-Runner, and Underwriter
Alinma Investment
Receiving Banks
Al Rajhi Bank, Alinma Bank, Riyad Bank
Major Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(mln)
Ownership
(%)
Number of Shares
(mln)
Ownership
(%)
Mansour Kamel Ibrahim Al-FattouhAl-Blwi
7.68
19.21%
5.38
13.45%
Nasser Kamel Ibrahim Al- Fattouh Al-Blwi
6.73
16.83%
4.71
11.78%
Elham Mahmoud Obaid Ibrahim
4.49
11.24%
3.15
7.87%
Dalal Kamel Ibrahim Al- FattouhAl-Blwi
3.34
8.34%
2.34
5.84%
Manal Kamel Ibrahim Al- FattouhAl-Blwi
3.34
8.34%
2.34
5.84%
Nawaf Khaled Kamel Al- FattouhAl-Blwi
2.94
7.36%
2.06
5.15%
Abdulaziz Khaled Kamel Al- FattouhAl-Blwi
2.94
7.36%
2.06
5.15%
Amal Kamel Ibrahim Al- FattouhAl-Blwi
2.86
7.15%
2.00
5.01%
ShathaMuwaffaqKamel Al- Fattouh Al-Blwi
2.86
7.15%
2.00
5.01%
KhadraaRashid Harbi Al Fattouh
0.95
2.38%
0.67
1.67%
BasmahHussainSalem Al Fattouh Al-Blwi
0.84
2.10%
0.59
1.47%
Ibrahim Abdulaziz Kamel Al Fattouh Al-Blwi
0.25
0.63%
0.18
0.44%
Muhammad Abdulaziz Kamel Al Fattouh Al-Blwi
0.25
0.63%
0.18
0.44%
FarisAbdulaziz Kamel Al Fattouh Al-Blwi
0.25
0.63%
0.18
0.44%
Fatima Ali Hassan Al Fattouh
0.13
0.32%
0.09
0.22%
Reem Abdulaziz Kamel Al Fattouh Al-Blwi
0.13
0.32%
0.09
0.22%
Public
—
—
12.0
30 %
Total
40.0
100 %
40.0
100 %
