Abdul Aziz Al-Tuwaijri publishes prospectus for Nomu IPO

Abdul Aziz Al-Tuwaijri Trading Co. published its prospectus for the offering of 1 million shares on the Nomu–Parallel Market.

The shares to be offered represent 25% of the company’s pre-IPO capita, which currently stands at SAR 40 million, divided into 4 million ordinary shares, with a nominal value of SAR 10 per share. After the offering and capital increase, the shares to be offered will represent 20% of the company’s total capital.

The IPO is limited to qualified investors in accordance with the Capital Market Authority (CMA) regulations.

The subscription will run from Nov. 2-9, 2025.

The CMA had previously approved the company’s request to offer 1 million shares in June 2025.

The company had earlier attempted to offer its shares for the first time in June 2023, when it offered 600,000 shares, but the subscription was not completed nor fully covered, leading to its cancellation. At that time, the price range was set between SAR 60 and SAR 63 per share.

The company’s current core business includes wholesale of food products, hygiene and personal care items, as well as medical supplies through company-owned warehouses and storage facilities. It also operates in real estate management and leasing.