Hawyia Auctions Nomu IPO 311% subscribed

02/06/2025 Argaam
Logo ofHawyia Auctions Co.

Logo of Hawyia Auctions Co.

Hawyia Auctions Co.’s initial public offering (IPO) on Nomu-Parallel Market was 310.65% subscribed, announced financial advisor Estidamah Capital.

 

The offering’s final price was set at SAR 13 per share, according to a Tadawul statement today, June 2.

 

For More IPOs

 

Estidamah Capital will finalize the required procedures with Saudi Tadawul Group Holding Co. and then determine the listing date of Hawyia Auctions' shares on Nomu.

 

According to Argaam’s data, the company floated 2.4 million shares on Nomu, representing 12% of its SAR 20 million capital, at SAR 13 per share.

 

Hawyia Auctions was established as a limited liability company in 2019 in Riyadh. It was converted into a closed joint stock company in 2024.

 

Its current activity is to provide auction organization and management, estate settlement, and exclusive real estate marketing services.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
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.