Naf Nomu offering price set at SAR 76/shr

16/06/2025 Argaam
Logo ofNaf Company for Feed for Industry

Logo of Naf Company for Feed for Industry 

TeamOne Co., the financial advisor on the initial public offering (IPO) of  Naf Company for Feed for Industry on the Nomu-Parallel Market, set the offer price at SAR 76 per share, according to a statement to Tadawul.

 

The Capital Market Authority (CMA) approved, in March, Naf’s application for direct listing on Nomu. The company plans to float 400,000 shares, representing 20% of its issued capital, according to Argaam’s data.

 

For More IPOs

 

The share sale will run from June 22-26.

 

Incepted in 2015, the company was established in Riyadh as a branch of a sole proprietorship under the name "Naf Feed Factory for Industry Co.", before transforming into a closed joint-stock firm.

 

Its current actual activity is the manufacturing and sale of feed products.

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