CMA says IPO requests for TASI, Nomu reached 46 by Q3-end

19/12/2023 Argaam
Logo ofCapital Market Authority (CMA)

Logo of Capital Market Authority (CMA)

The Capital Market Authority (CMA) received 46 IPO applications for listing on TASI and Nomu-Parallel Market in Q3 2023, compared to 49 at the end of Q2 2023, according to the market regulator's report for Q3 2023.

 

This included five requests for the Main Market and 41 applications for listing on Nomu.

 

The market regulator approved four applications during the third quarter of 2023, all of which are in Nomu.

 

The following are the details of the approved companies and existing requests, according to the CMA’s report for Q3 2023:

 

Number of IPO Applications Approved, Currently Under Review

Period

TASI

Nomu*

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

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

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