Sahat Almajd's Nomu IPO 110.4% oversubscribed

29/10/2025 Argaam- Nomu
Logo ofSahat Almajd Trading Co.

Logo of Sahat Almajd Trading Co.

Sahat Almajd Trading Co.’s initial public offering (IPO) on the Nomu–Parallel Market was 110.39% oversubscribed, according to Value Capital, the financial advisor and lead manager.

 

In a statement to Tadawul, the company announced today, Oct. 29, that the final offering price was set at SAR 7 per share.

 

Following the completion of the required procedures with the Saudi Tadawul Group Holding Co. (Tadawul Group), the listing date will be decided, the company added.

 

According to data compiled by Argaam, Sahat Almajd offered 4.38 million shares on Nomu, representing 11.11% of its post-IPO capital and 12.5% of pre-IPO capital.

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