{"id":101878,"date":"2025-10-28T00:00:00","date_gmt":"2025-10-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/10\/28\/lavenco-aluminum-systems-seeks-sar-14-4-mn-in-nomu-ipo\/"},"modified":"2025-10-28T00:00:00","modified_gmt":"2025-10-28T00:00:00","slug":"lavenco-aluminum-systems-seeks-sar-14-4-mn-in-nomu-ipo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/10\/28\/lavenco-aluminum-systems-seeks-sar-14-4-mn-in-nomu-ipo\/","title":{"rendered":"Lavenco Aluminum Systems seeks SAR 14.4 mn in Nomu IPO"},"content":{"rendered":"

Lavenco Aluminum Systems<\/a><\/strong> priced <\/strong>its Nomu IPO<\/a><\/strong> at SAR 48 per share<\/strong>, according to a<\/a>bourse filing<\/a>. The final offer price should see it rake in SAR 14.4 mn in IPO proceeds, according to our calculations, implying a market cap of SAR 72 mn at listing. <\/p>\n

What\u2019s next: <\/strong>Qualified investors can subscribe for a minimum of 10 shares and a maximum of 75k shares each during a five-working-day subscription window from 12 to 18 November. Final share allocation will be announced on 23 November. <\/p>\n

REFERSHER- <\/strong>The company is floating 300k newly-issued shares on Tadawul\u2019s parallel market \u2014 good for a 20% stake of its post-IPO capital \u2014 with proceeds earmarked for expansion after securing regulatory approval for the move back in June<\/a>. The IPO stands out as one of the few pure primary issuances on the parallel market, where proceeds go entirely to the company rather than selling shareholders.<\/p>\n

ADVISORS- <\/strong>The company tapped Amwal Financial as the financial advisor and Derayah Financial as the lead manager and bookrunner. Receiving agents include Alinma Investment, Alrajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, Aljazira Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, Musharaka Capital, EFG Hermes, and Awaed Alosool Capital.<\/p>\n

ALSO IN THE NOMU PIPELINE- <\/strong>The CMA approved Afaq Al Arabiya for Transportation and<\/a>Storage<\/a> and Qudra for Communications and IT<\/a> to list on Nomu in March, though the approvals have likely expired, as they are valid for only six months. Alwazn Almithaly for Trading<\/a> secured its CMA greenlight in June, giving the company until year-end to publish its prospectus and proceed with the offering.<\/p>\n

Ongoing floats:<\/strong> Riyadh-based Abdulaziz Al Twijri Trading Company<\/a> is offering a 20% stake, or 1 mn shares, on the parallel market, according to its prospectus. Sahat Almajd<\/a>, the brand operator behind Jadeel, Spark, Susam, and Hanoverian, set its IPO price at SAR 7.0 a share, according to a bourse disclosure.<\/p>\n","protected":false},"excerpt":{"rendered":"

The final offer price implies a SAR 72 mn market cap at listing<\/p>\n","protected":false},"author":1,"featured_media":101879,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2542],"tags":[10,29,4597],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-101878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-enterpriseam-ksa","tag-ipo-watch","tag-lavenco-aluminum","wpautop","entry"],"acf":{"mongo_id":"5274bf80-5e7f-4700-a19c-2e5e026bcafa","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/72.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Lavenco Aluminum Systems seeks SAR 14.4 mn in Nomu IPO","related_issue":[101863],"teaser":"The final offer price implies a SAR 72 mn market cap at listing","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.83388c9f-ed01-478c-91a3-3a6c5bee9db1.mp3"},"yoast_head":"\nLavenco Aluminum Systems seeks SAR 14.4 mn in Nomu IPO - 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