CMA says 51 IPO requests for TASI, Nomu by Q2 2024

Logo of Capital Market Authority (CMA)

The Capital Market Authority (CMA) received 51 IPO applications for listing on TASI and Nomu-Parallel Market in Q2 2024, compared to 41 in Q1 2024, according to the market regulator's report for Q2 2024.

This included 15 requests for TASI and 36 applications for Nomu.

For More IPOs

The market regulator approved 14 applications in Q2, including four for TASI and 10 for Nomu.

The following are the details of the approved companies and existing requests, according to the CMA’s report for Q2 2024:

Number of IPO Applications Approved, Currently Under Review
Period	TASI		Nomu*
Period	Approved requests	Under review	Approved requests	Under review
Q1 2022	2	4	6	62
Q2	3	6	10	70
Q3	3	9	5	61
Q4	7	4	20	79
Q1 2023	2	5	6	61
Q2	2	4	18	45
Q3	--	5	4	41
Q4	4	12	8	43
Q1 2024	4	7	9	34
Q2	4	15	10	36

*Includes applications for IPO on Nomu and requests for direct listing.

A total of seven companies and one fund listed on TASI during H1 2024.

Company Listings on TASI during H1 2024
Company	Sector	Offer Price	Offering Date	Listing Date
Avalon Pharma	Pharmaceuticals	82.00	Jan. 30, 2024	Feb. 27, 2024
Modern Mills	Food & Beverages	48.00	March 5, 2024	March 27, 2024
Alistithmar REIT	REITs	10.00	May 12, 2024	Sept. 4, 2024
Miahona	Public Utilities	11.50	May 21, 2024	June 6, 2024
Fakeeh Care	Healthcare	57.50	May 21, 2024	June 5, 2024
SMASCO	Manpower services	7.50	May 26, 2024	June 12, 2024
TALCO	Capital Goods	43.00	May 28, 2024	June 13, 2024
Rasan	Fintech	37.00	May 29, 2024	June 13, 2024

A total of 13 companies listed their shares on Nomu during H1 2024.

Company Listings on Nomu during H1 2024
Company	Segment	Offer Price	Offering Date	Listing Date
Pan Gulf Marketing	Commercial & Professional Services	51.00	Jan. 10, 2024	Feb. 18, 2024
WSM	Software & Services	49.00	Jan. 25, 2024	Feb. 21, 2024
Al-Modawat	Healthcare	111.00	Jan. 28, 2024	Feb. 25, 2024
Quara	Financial services	15.00	Feb. 4, 2024	March 7, 2024
Almuhafaza for Education	Consumer Services	18.00	Feb. 28, 2024	March 26, 2024
Taqat Mineral	Materials	18.00	March 6, 2024	March 28, 2024
Qomel	Healthcare	80.00	April 21, 2024	May 9, 2024
Al Rasheed	Materials	28.00	April 28, 2024	May 23, 2024
Yaqeen Capital	Financial services	40.00	May 5, 2024	June 26, 2024
Horizon Educational	Consumer Services	54.00	May 12, 2024	June 2, 2024
Neft Alsharq	Materials	3.60	May 26, 2024	June 25, 2024
Leaf Global	Commercial & Professional Services	50.00	May 26, 2024	June 27, 2024
Miral	Healthcare	100.00	--	May 29, 2024

Economic Reports

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Most Read

Market Indices

Popular Links

Quick Links

About Us

Join Us

Follow Us

CMA says 51 IPO requests for TASI, Nomu by Q2 2024

Content Summary:

Comments Analysis:

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Most Read

Market Indices

Popular Links

Quick Links

About Us

Join Us

Follow Us