Hawyia Auctions to debut on Nomu on June 22

18/06/2025 Argaam
Logo ofHawyia Auctions Co.

Logo of Hawyia Auctions Co.

The Saudi Exchange (Tadawul) announced that shares of Hawyia Auctions Co. will start trading on the Nomu-Parallel Market on June 22, 2025, with the symbol 9641 and ISIN Code SA16AG6KMKH9.

 

The stock will trade with +/- 30% and +/- 10% daily and static price fluctuation limits, respectively.

 

For More IPOs

 

In a separate statement, the Securities Depository Center Co. (Edaa) announced that it added today, June 18, Hawyia's subscribed securities into eligible shareholders' accounts.

 

According to Argaam data, Hawyia offered 2.4 million shares on Nomu, or 12% of its SAR 20 million capital, divided into 20 million shares, at SAR 13 each. The offering was 310.65% covered.

 

Hawyia was established as a limited liability company in 2019 in Riyadh and was converted into a closed-joint stock company in 2024. The company’s core business currently involves organizing and managing auctions, estate liquidation, and exclusive real estate marketing services.

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