Lamasat issues prospectus for Nomu IPO

Logo of Lamasat Co.

Lamasat Co. issued today, Dec. 31, the prospectus to list 6 million shares on the Nomu-Parallel Market.

The offered shares represent 8% of its pre-IPO capital of SAR 75 million, divided into 75 million shares at SAR 1 per share. Meanwhile, they represent 7.41% of post-IPO capital of SAR 81 million.

For More IPOs

The IPO will be limited to qualified investors, as per the Capital Market Authority's (CMA) instructions. The share offering will run for six days from Jan. 20-27, 2025.

On Sept. 30, the CMA approved the company's application to list its shares on Nomu.

Lamasat Co. was established as a limited liability company in Madinah in 2006. The company's current actual activity is to provide women's beauty services, sell cosmetics goods and products online, as well as offer personal care, photography, and montage services.

Company Profile
Company	Lamasat Co.
Market	Nomu - Parallel Market
Core Activities	Women's beauty services and cosmetics sale
Pre-IPO Capital	SAR 75 mln
Number of Shares	75 mln
Post-IPO Capital	SAR 81 mln
Number of shares after IPO	81 mln
Share Par Value	SAR 1

IPO Summary
Issue Percentage	7.41% of post-IPO capital (8% of pre-IPO capital)
Offered shares	6 mln
IPO Minimum Limit	100 shares
IPO Maximum Limit	4,049,900 shares
Offer period	Six working days from Jan. 20-27, 2025
Final Allocation	Jan. 30, 2025
Refund (if any)	Feb. 3, 2025

Company Shareholders
Shareholders	Before IPO		After IPO
Shareholders	Number of Shares (mln)	Ownership (%)	Number of Shares (mln)	Ownership (%)
Aisha Salem Rizk Badawi	25.54	34.05%	25.54	31.53%
Mohammed Hamza Mohammed Masoudi	18.08	24.10%	18.08	22.32%
Ahmed Hamza Mohammed Masoudi	17.50	23.34%	17.50	21.61%
Hazem Hamza Mohammed Masoudi	6.57	8.77%	6.57	8.12%
Abeer Hamza Mohammed Masoudi	6.18	8.24%	6.18	7.63%
Hatim Hamza Mohammed Masoudi	1.12	1.50%	1.12	1.38%
New shares to be offered to qualified investors	--	--	6.00	7.41%
Total	75.00	100%	81.00	100%

Additional Information
Financial Advisor and Lead Manager	Yaqeen Capital
Receiving Banks	Alinma Investment, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Derayah Financial

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