EFSIM Facilities Management intends to offer 30% of its shares in the Saudi market
Company announced "EFSIM EFSIM" Facilities Management announced on Tuesday its intention to proceed with the initial public offering and list its common shares on the financial market "TadawulSaudi Arabia".
The company had obtained the green light from The Capital Market Authority last September, to register its capital and offer 16.8 million ordinary shares, representing 30% of the company’s total issued capital after the offering and capital increase, by selling 5.8 million existing ordinary shares by current shareholders, and issuing 11 million new ordinary shares for public subscription.
The sale shares represent 10.4% and the new shares represent 19.6% of the company’s capital upon completion of the offering and capital increase. Money, bringing the total amount to 30% of the company’s capital.Subscriptionin the offering in the two tranches of participating categories and individual subscribers, while the offering price will be determined by the financial advisor, after the end of the process of building the order book, which begins on Monday, the first of December 2025, and ends on Sunday, December 7, 2025.
It is noteworthy that the company achieved revenues of 803 million riyals during the fiscal year 2024. Revenues also reached 725 million riyals during the first nine months of 2025, at a rate of Growth of 24.7% compared to the same period of the previous year.
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