Dkhoun’s Nomu IPO 119% covered

12/05/2025 Argaam
Logo ofDkhoun National Trading Co.

Logo of Dkhoun National Trading Co.


Saudi Kuwaiti Finance House (SKFH), the financial advisor and lead manager for the initial public offering (IPO) of Dkhoun National Trading Co. on the Nomu-Parallel Market, announced the completion of the offering of 400,000 shares, or 20% of the company’s capital.
 

Qualified investors (545 in total) subscribed in full to the shares offered, at SAR 121 each. The offering was 119.19% covered, according to a Tadawul filing today, May 12.

 

For More IPOs

 

SKFH will finalize the required procedures with Saudi Tadawul Group Holding Co. (Tadawul Group), before determining Dkhoun’s Nomu debut date.

 

According to data available with Argaam, qualified investors began on May 4 the subscription to 400,000 shares of Dkhoun on Nomu. The offering was priced at SAR 121 per share.

 

The offering represented 20% of the company’s capital, which stands at SAR 20 million and is divided into two million shares at a nominal value of SAR 10 each.

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