“Top industry talent, strong governance, and experienced leadership with an extensive track record of execution
Offering Key Dates
how to subscribe
A – Clients of the Receiving Entities:
Qualified Investors that have a Nomu active investment accounts with any of the Receiving Entities (Alinma Investment Company, SNB Capital, Riyad Capital, and Aljazira Capital) can subscribe electronically in the Offering through their investment accounts with the Receiving Entities.
Ensure you have an active investment account with any of the Receiving Entities and that the investment account is activated to invest in the Parallel Market (Nomu).
Ensure you have an active investment account with any of the Receiving Entities and that the investment account is activated to invest in the Parallel Market (Nomu).
B – Other Qualified Investors:
Qualified Investors who do not have a Nomu active investment account with any of the Receiving Entities can subscribe in the Offering through the designated portal with the Lead Manager (Alinma Investment Company) without the need to open a new investment account there. The Portal can be accessed through the following link:
https://ipo2.alinmainvestment.com/RAYAN/index.html#/investor
Company Overview
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Rayan Advanced Industrial Co. has been a premier manufacture in the flexible packaging industries in Saudi Arabia and the wider Arabian Gulf region since 1989. Our state-of-the-art facilities, together with a team of industry experts, keep us at the forefront of plastic manufacturing technology, with full-service custom package production producing the most advanced film products on the market.
As specialists in the field of clear plastic packaging, Rayan Advanced Industrial Company’s expertise touches every industry, such as food and beverage, healthcare, and retail, along with other industrial sectors throughout the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and the Middle East and North Africa. Combining our comprehensive design and manufacturing capabilities with our extensive stock and standard product lines has allowed us to excel as the “packaging supplier of choice” to many companies, from conceptualizing the package design to the delivery of innovative and reliable products.
Offering Highlights
“The Capital Market Authority "CMA" Board has issued its resolution dated 23/03/1444H corresponding to 19/10/2022G approving Rayan Advanced Industrial Company’s "the Company" application for the registration and offering of (2,000,000) shares representing (20%) of the Company's share capital in the Parallel Market. The offering will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority.
Chairman Message
HASSAN ALI HASSAN AL-SAIRAFI
Our founding team has worked together for nearly 33 years and has a long history of innovation and creating substantial value for our customers. Rayan Advanced Industrial Co continues to build an amazing success story through an impressive growth trajectory, and we expect continued growth in the years to come. Centering on the overall goal of building a well-regulated, transparent, open, vigorous, and resilient company, we have implemented comprehensive efforts, stabilized our expectations, and brought profound structural changes to the Company. We have stayed true to our core missions, remained committed to professionalism, designed regulatory targets, and pursued relentlessly transparent governance.
The Board aims to promote the Company’s success for the benefit of its shareholders, taking into account the importance of maintaining our reputation for high standards of business conduct and looking at those decisions through various lenses with a proven track record in company transformation. Thus, the Board and management consider the interest in protecting Rayan Advanced Industrial Co.’s ability to innovate and retain its distinctive characteristics. We are delighted to announce our intention to bring Rayan Advanced Industrial Co to the public market, a significant milestone in our history.
CEO Message
SAMI FAHID KHADER JOUDEH
VALUE PROPOSITION
With our human and financial capabilities, we are making our mark in the packaging industries, where we work as a strategic partner for many local and international companies in producing packaging materials such as polyethylene films or rolls. Interactions with new customers have necessitated designing supply chains for the first time, and we are well-placed to benefit from the accelerated, long-term growth drivers of commerce and tailored solutions. In its quest to increase success strides, the Company also focuses on increasing attention to the development of its employees, which leads to increased business volume and growth.
- Company Strength
- Our Differentiators
- Quality Certifications
- A total workforce of over 240 employees;
- 3 operational factories with a production capacity of over 21,000 Metric Ton per year;
- Periodic learning and education to staff through Environment, Health and Safety (EHS) programs;
- Compliance with the regulations of the Global Program for Environment which resulted in obtaining several ISO certificates;
- Full commitment to occupational safety and preventive practice in the work environment.
- Highly ambitious expansion plan to increase the capacity by 136% as compared to the current installed capacity. The expansion plan has already started and expected to positively affect the financial performance by 2023 onwards.
- Wide customer-base locally and in the MENA region which is represented by currently exporting to 18 different countries.
- Best available technologies and state of art machinery that gives a competitive advantage to the company as compared to other regional players in the market.
- Meet the needs of customers of all types of plastic packaging products with the highest technical standards and advanced technology.
- Pillar manufacturer of flexible packaging products whilst adhering to the highest industry standards.
- Full implementation, starting with the idea through the concept.
- Specialized in primarily supporting hygienic sector factories, as well as other industrial sectors in the Kingdom and across Middle East & North Africa.
- ISO 14001:2015 – Certificate Number 0121786
- ISO 45001:2018 – Certificate Number 0121789
- ISO 9001:2015 – Certificate Number 0121790
- ISO 22000:2018 – Certificate Number 0122469
- BRCGS Site Code: 10003636 – Certificate Number 0122632
- A total workforce of over 240 employees;
- 3 operational factories with a production capacity of over 21,000 Metric Ton per year;
- Periodic learning and education to staff through Environment, Health and Safety (EHS) programs;
- Compliance with the regulations of the Global Program for Environment which resulted in obtaining several ISO certificates;
- Full commitment to occupational safety and preventive practice in the work environment.
- Highly ambitious expansion plan to increase the capacity by 136% as compared to the current installed capacity. The expansion plan has already started and expected to positively affect the financial performance by 2023 onwards.
- Wide customer-base locally and in the MENA region which is represented by currently exporting to 18 different countries.
- Best available technologies and state of art machinery that gives a competitive advantage to the company as compared to other regional players in the market.
- Meet the needs of customers of all types of plastic packaging products with the highest technical standards and advanced technology.
- Pillar manufacturer of flexible packaging products whilst adhering to the highest industry standards.
- Full implementation, starting with the idea through the concept.
- Specialized in primarily supporting hygienic sector factories, as well as other industrial sectors in the Kingdom and across Middle East & North Africa.
- ISO 14001:2015 – Certificate Number 0121786
- ISO 45001:2018 – Certificate Number 0121789
- ISO 9001:2015 – Certificate Number 0121790
- ISO 22000:2018 – Certificate Number 0122469
- BRCGS Site Code: 10003636 – Certificate Number 0122632
KEY FINANCIAL INDICATORS
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Return On Equity in 2021
Expected Net Income in 2022 (SAR)
Expected Revenue in 2022 (SAR)
Revenue growth rate in 2021
Gross Profit Marginin 2021
Net Profit Margin in 2021
Return On Equityin 2021
Expected Revenuein 2022 (SAR)
Expected Net Incomein 2022 (SAR)
Faq
The shares will be listed on the parallel Market of the Saudi Stock Exchange (Nomu).
Qualified Investors are:
- Capital Market Institutions acting for their own account.
- Clients of a Capital Market Institution by the Authority to conduct managing activities provided that this Capital Market Institution has been appointed as an investment manager on terms which enable it to make decisions concerning the acceptance of an offer and investment in the Parallel Market on the client’s behalf without obtaining prior approval from the client.
- The Government of the Kingdom, any government body, any supranational authority recognized by the Authority or the Exchange, and any other stock exchange recognized by the Authority or the Securities Depository Center.
- Government-owned companies, either directly or through a portfolio managed by a Capital Market Institution authorized to carry out managing activities.
- Companies and funds established in a member state of the Cooperation Council for the Arab States of the Gulf.
- Investment Funds.
- Non-resident foreigners permitted to invest in the parallel market and who meet the requirements stipulated in the Guidance Note for the investment of Non-Resident Foreigners in the Parallel Market.
- Qualified foreign financial institutions.
- Any other legal persons allowed to open an investment account in the Kingdom and an account at the Depositary Center.
- Natural persons allowed to open an investment account in the Kingdom and an account at the Depositary Center, and fulfil any of the following criteria:
a. Has conducted transactions in security markets of not less than 40 million Saudi riyals in total, and not less than ten transactions in each quarter during the last twelve months.
b. His net assets are not less than 5 million Saudi Riyals.
c. Works or has worked for at least three years in the financial sector.
d. Holds the General Securities Qualification Certificate which is recognized by the Authority.
e. Holds a professional certificate that is related to securities business and accredited by an internationally recognized entity. - Any other persons prescribed by the Authority.
The Offering’s final price was announced on Wednesday, 16/11/2022. For more information, please refer to Offer Price Announcement in the Downloadable section.
Except for the Selling Substantial Shareholder “Hassan Ali Alsairafi” there will be no implementation of a lock-up period or restrictions on the sale of shares following the listing.