Logo ofAl Khaldi Logistics Co.
Al Khaldi Logistics Co. issued today, May 7, the prospectus for offering 1.05 million shares on the Nomu-Parallel Market.
The company is capitalized at SAR 150 million, divided into 15 million shares at SAR 10 par value each.
The share sale will run for four working days from May 27 to June 1, 2025.
The Capital Market Authority (CMA) approved, in December the application received from the company to register its shares for direct listing on Nomu.
Al-Khalidi Logistics Co. was established in 2008 as a closed joint-stock company in Khobar, under the name of Mubarak Bin Zaid Al-Khalidi Sons Contracting Co. The company’s primary activity is land freight transportation.
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Company Profile |
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Company |
Al Khalidi Logistics Co. |
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Core Activities |
Freight transport by road |
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Market |
Nomu – Parallel Market |
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Capital |
SAR 150 mln |
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Number of Shares |
15 mln |
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Nominal Value |
SAR 10 |
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IPO Summary |
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Issue Percentage |
7% |
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Offered shares |
1.05 mln |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
749,990 shares |
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Offer period |
From May 27 to June 1, 2025. |
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Final Allocation |
June 3, 2025 |
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Refund (if any) |
June 4, 2025 |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (mln) |
Ownership (%) |
Number of Shares (mln) |
Ownership (%) |
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Al Khalidi Holding Co.* |
10.50 |
70% |
10.50 |
70% |
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Al Khalidi Investment Co. |
4.50 |
30% |
3.45 |
23% |
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QFIs |
— |
— |
1.05 |
7% |
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Total |
15.00 |
100% |
15.00 |
100% |
*Al-Khalidi Holding Co. has indirect ownership through its 100% holding of Al-Khalidi Investment Co., which holds a 30% stake in the issued capital.
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Additional Information |
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Financial Advisor and Lead Manager |
Yaqeen Capital |
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Receiving Banks |
Derayah Financial, Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital |
