a day ago
Signworld issues prospectus to float 1.5M shares on Nomu
National Signage Industrial Co. (Signworld) issued today, July 27, the prospectus to float 1.5 million shares, or 20% of capital, on the Nomu -Parallel Market.
The company will offer 1.5 million shares, equal to 25% of pre-offering and 20% of post-offering capital, to qualified investors.
For More IPOs
The share sale will run from Aug. 17-24.
The Capital Market Authority (CMA) approved, in March, the company's application for direct listing on Nomu.
Signworld's core business involves the design, manufacturing, and assembly of electronic panels and displays for various applications, in addition to installation and maintenance services. It operates through three branches.
Company Profile
Company
National Signage Industrial Co. (Signworld)
Core Activities
Manufacturing and sale of feed products
Market
Nomu-Parallel Market
Pre-IPO Capital
SAR 60mln
Number of Shares
6 mln
Post-IPO Capital
SAR 75 mln
New Number of Shares
7.5 mln
Nominal Value
SAR 10 a share
IPO Summary
Issue Percentage
20% of post-IPO capital, 25% of pre-IPO capital
Offered Shares
SAR 1.5 mln
IPO Minimum Limit
10 shares
IPO Maximum Limit
374,990 shares
Offer Period
Aug. 17-24, 2025
Final Allocation
Aug. 27, 2025
Surplus Refund (If any)
Aug. 31, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Al Mohandes Holding Group
6.00
100.00 %
6.00
80%
Qualified investors
--
--
1.50
20%
Total
6.00
100 %
7.50
100%
