Wajd Life debuts on Nomu at SAR 5.7/shr today

Logo of Wajd Life Trading Co.

Shares of Wajd Life Trading Co. listed and began trading on the Nomu-Parallel Market today, Sept.15, under the symbol 9647 and ISIN Code SA16CG2KMNH0, at SAR 5.7 apiece.

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

For More IPOs

Wajd Life earlier floated 2.5 million ordinary shares on Nomu. The offered shares represented 20% of the company’s after-IPO capital and 25% before-IPO capital.

The offering was nearly 179.34% subscribed.

This is the 21st listing on Nomu in 2025, comprising one direct listing and 20 offerings to qualified investors.

Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.

 This listing brings the number of Nomu firms to 125, in addition to Alwaha REIT Fund.

Wajd Life was established in 2013 in Riyadh, as a sole proprietorship. It later converted into a limited liability company, and transformed into a Saudi closed joint-stock company in 2024.

Its current activities are divided into five segments: Medical operations; operation, maintenance and facility management; medical equipment sales and after-sales services; specialized maintenance, and supply of medical devices’ spare parts, accessories, and thereof.