Future Vision IPO on Nomu 513% covered

14/04/2025 Argaam
Logo ofFuture Vision for Health Training Co.

Logo of Future Vision for Health Training Co.

Yaqeen Capital, the financial advisor and lead manager for the initial public offering (IPO) of Future Vision for Health Training Co. on the Nomu-Parallel Market, announced the completion of the offering of two million shares, or 20% of the company’s capital.

 

In a statement on Tadawul today, April 14, the brokerage said the offering was 513.28% oversubscribed during the subscription period from April 6-10, at SAR 7 a share.

 

For More IPOs

 

Yaqeen Capital will finalize the required procedures with Tadawul, before determining Future Vision’s debut date.

 

According to Argaam’s data, Future Vision earlier announced floating two million shares on Nomu, at SAR 7 apiece.

 

These shares represent 25% of the company's pre-IPO capital, currently valued at SAR 8 million, divided into eight million shares at a nominal value of SAR 1 each.

 

They make up 20% of the SAR 10 million post-IPO capital.

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