Equity Capital Markets

Equity Capital Markets

Our track record shows that we support our clients in their periodic need of capital through rights offering, subsequent new offerings and other means of capital provision and enhancement. We have been instrumental in arranging capital for start-up ventures, as well as growth and acquisition financing in the MENA region.

 

Initial Public Offerings (IPO)

We handle the management and co-management of IPOs along with other regional and international investment banks. In markets, where conventional IPOs are not prevalent, we assist business entities in raising capital via private placements, while providing them with advice and assistance to prepare and qualify for listing on stock exchanges. Our team has worked on IPO’s in different regional and international markets such as Boursa Kuwait, Dubai Financial Market, Nasdaq Dubai, London Stock Exchange and Cairo Stock Exchange.

 

Private Placements

Raising capital for business entities. Key activities include validation of business plans and capital requirements, development of simple, efficient and practical transaction structure, provision of support for the entity in regulatory compliance and obtaining approvals, preparation of statutory and marketing documents, solicitation to strategic and non-strategic institutional and non-institutional investors in addition to allocation and other closing procedures.

 

Rights Issues

Raising additional capital from existing shareholders through rights issues which are typically structured to accommodate new investors for portions not subscribed to by the existing shareholders.

 

 

Current Transactions:

 

Invitation to existing shareholders of Gulf Insurance Group K.S.C.P. (the “Issuer”), registered in the company’s shareholders’ register as of 18 August 2021 (the “Record Date”) and the holders of the pre-emption rights who received the pre-emption rights (“Pre-Emption Rights”) during the subscription period, to subscribe in the increase of the Issuer’s share capital by 83,333,333 new ordinary shares (the “Issue Shares”) representing approximately 41.4% of the existing issued share capital of the Issuer at an Offer Price of 600 fils per Issue Share (including the nominal value of 100 fils and the issuance premium of 500 fils) during the Offering Period commencing on 19 August 2021 and closing on 2 September 2021 at 1:00pm Kuwait local time.

 

Client:

Gulf Insuance Group K.S.C.P

 

Transaction:

Capital Increase

  

English Prospectus:  

GIG share capital increase II - Prospectus (English)

 

            Annex 1: Articles and Memorandum of Association

            Annex 2: Audited Financial Statements by year

                                           2018 2019 2020

 

Arabic Prospectus:  

GIG share capital increase II - Prospectus (Arabic)

 

            Annex 1: Articles and Memorandum of Association

            Annex 2: Audited Financial Statements by year

                                           2018 2019 2020

 

Company Role: 

Subscription Agent

 

Additional Information: 

 
Summary Ad English Arabic
FAQs English Arabic
     
     

 

Announcements: 

 

To subscribe to this transaction, please visit www.ipo.com.kw.

 

--------------------

 

Client: 

Jassim Transport & Stevedoring Co. K.S.C.C. 

 

Transaction: 

Private Placement

 

English Offering Memorandum:  

JTC Private Placement of up to 60mn Ordinary Shares – Offering Memorandum (English)

 

            Annex 1: Articles and Memorandum of Association

            Annex 2: Audited Financial Statements by year

                             2015 2016 2017 2018 2019 2020

           

 

Arabic Offering Memorandum:  

JTC Private Placement of up to 60mn Ordinary Shares – Offering Memorandum (Arabic)

 

            Annex 1: Articles and Memorandum of Association

            Annex 2: Audited Financial Statements by year

                             2015 2016 2017 2018 2019 2020

        

 

Company's Role: 

Lead Manager and Subscription Agent

 

Additional Information: 

Offering Summary English Arabic
JTC Company Factsheet (June 2021) English Arabic
JTC Corporate Presentation English Arabic
     

 

 

For more information and to subscribe, visit www.iktatib.com.

 

 

Equity Capital Markets - Highlighted

Client: 
Burgan Bank
Transaction: 

Rights Issue of KWD62.5mn

Company's Role: 
Issuance Advisor & Subscription Agent
Client: 
Kuwait Projects Company (Holding)
Transaction: 

Rights issue of KWD95.08mn

Company's Role: 
Issuance Advisor & Subscription Agent
Client: 
Kuwait Capital Markets Authority
Transaction: 

Sale of 50% of Boursa Kuwait

Company's Role: 
IPO Manager