Lamasat issues prospectus for Nomu IPO

31/12/2024 Argaam
Logo ofLamasat Co.

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

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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