CMA says IPO requests for TASI, Nomu reach 55 by Q4-end

09/05/2024 Argaam

CMA says IPO requests for TASI, Nomu reach 55 by Q4-end

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The Capital Market Authority (CMA) received 55 IPO applications for listing on TASI and Nomu-Parallel Market in Q4 2023, compared to 46 at the end of Q3 2023, according to the market regulator's report for Q4 2023.

 

This included 12 requests for TASI and 43 applications for listing on Nomu.

 

For More IPOs

 

The market regulator approved 12 applications during the fourth quarter of 2023, four of which in TASI and eight others in Nomu.

 

The following are the details of the approved companies and existing requests, according to the CMA’s report for Q4 2023:

 

Number of IPO Applications Approved, Currently Under Review

Period

TASI

Nomu*

Approved

requests

Under

review

Approved

requests

Under

review

Q1 2022

2

4

6

62

Q2

3

6

10

70

Q3

3

9

5

61

Q4

7

4

20

79

Q1 2023

2

5

6

61

Q2

2

4

18

45

Q3

--

5

4

41

Q4

4

12

8

43

*Includes applications for IPO on Nomu and requests for direct listing.

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