Hamad Bin Saedan debuts on Nomu at SAR 13.5/shr today

10:20 AM (Mecca time) Argaam Special
Hamad Bin Saedan started trading on Nomu on Sept. 16, at a price of SAR 13.5 apiece

Hamad Bin Saedan started trading on Nomu on Sept. 16, at a price of SAR 13.5 apiece

Shares of Hamad Mohammed Bin Saedan Real Estate Co. began trading on the Nomu-Parallel Market today, Sept. 16, under the symbol 9648 and ISIN Code SA56C06KMO19, with a price of SAR 13.5 apiece.

 

The stock is subject to daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

 

For More IPOs

 

The company floated 4.24 million shares on Nomu, representing 15% of the company’s post-IPO capital and 17.64% of the pre-IPO capital.

 

The offering was 114.19% subscribed.

 

This is the 22nd listing on Nomu in 2025, comprising one direct listing and 21 offerings to qualified investors.

 

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

 

This listing brings the total number of Nomu firms to 126, in addition to Alwaha REIT Fund.

 

Hamad Bin Saedan was established in 2019 in Riyadh as a general partnership under the name Hamad Mohammed Bin Saedan & Partner Co. It later converted into a limited liability company before becoming a closed joint-stock company in 2022.

 

The company operates across three main business lines: real estate investments, real estate services, and tech investments.

 

Company Information

Company

Hamad Bin Saedan Real Estate Co.

Market

Nomu 

Business Activities

Real estate investment, real estate services, and technology sector investments

Pre-IPO Capital

SAR 240 mln

No. of Shares

24 mln

Post-IPO Capital

SAR 282.35 mln

No. of Shares

28.24 mln

Nominal Value

SAR 10/share

 

Shareholders

Shareholders

Pre-Offering

Post-Offering

Shares

(mln)

Ownership %

Shares

(mln)

Ownership %

Hamad Mohammed Abdullah Bin Saedan

8.58

35.77%

8.58

30.40%

Abdulaziz Hamad Bin Saedan Investment Co.

3.50

14.57%

3.50

12.38%

Hamad Bin Mohammed Bin Saedan & Partners Co.

1.67

6.94%

1.67

5.90%

Saad Hamad Mohammed Bin Saedan

0.40

1.68%

0.40

1.43%

Abdullah Hamad Mohammed Bin Saedan

0.15

0.61%

0.15

0.52%

Sarah Abdulaziz Abdullah Bin Khamees

0.13

0.53%

0.13

0.45%

Salman Hamad Mohammed Bin Saidan

0.12

0.50%

0.12

0.43%

Hisham Hamad Mohammed Bin Saedan

0.10

0.41%

0.10

0.35%

Turfa Hamad Mohammed Bin Saedan

0.10

0.41%

0.10

0.35%

Nawal Fahad Sulaiman Al-Khurayniq

0.08

0.33%

0.08

0.28%

Lulwa Abdullah Mohammed Al-Saluli

0.04

0.18%

0.04

0.15%

Omar Hamad Mohammed Bin Saedan

0.02

0.08%

0.02

0.07%

Mashael Abdulaziz Ibrahim Al-Mughaisib

0.02

0.07%

0.02

0.06%

Majid Hamad Mohammed Bin Saedan

0.02

0.07%

0.02

0.06%

Majda Utaybi Mu’id Al-Kanani

0.02

0.07%

0.02

0.06%

Shahad Khalid Abdulmohsen Al-Hokair

0.01

0.04%

0.01

0.03%

Rose Abdulaziz Hamad Bin Saedan

0.01

0.04%

0.01

0.03%

Saud Abdulaziz Hamad Bin Saedan

0.01

0.04%

0.01

0.03%

Lulwa Abdulaziz Hamad Bin Saedan

0.01

0.04%

0.01

0.03%

Sarah Ibrahim Fahad Jadeed

0.01

0.04%

0.01

0.03%

Other Public Shareholders (188 individuals)

9.03

37.61%

9.03

31.97%

New Shares Offered to Qualified Investors

--

--

4.24

15.00%

Total

24.00

100%

28.24

100%

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