Jamjoom Fashion issues prospectus for Nomu IPO

12/08/2025 Argaam
Logo ofJamjoom Fashion Co.

Logo of Jamjoom Fashion Co.

Jamjoom Fashion Co. issued the prospectus to float 2.38 million shares on the Nomu-Parallel Market.
 
The offered shares represent 30% of its pre-IPO capital of SAR 79.48 million, divided into 7.94 million shares at a SAR 10 par value.
 
 
The IPO will be limited to qualified investors, as per the Capital Market Authority's (CMA) instructions. The share offering will run for four working days, from Sept. 1-4.
 
In June, the CMA approved the company's application to list its shares on Nomu.
 

Jamjoom Fashion was established in 2023 as a Saudi joint stock company under the name Jamjoom Fashion Trading. Its current activities focus on creating and managing leading fashion brands, and it owns two brands: Nayomi and Mhayar.

  

Company Profile 

Company 

Jamjoom Fashion Co. 

Market 

Nomu-Parallel Market

Core Activities 

Creating and managing leading fashion brands (Nayomi and Mhayar)

Pre-IPO Capital

SAR 79.48 mln​

Number of Shares

7.94 mln

Post-IPO Capital

SAR 79.48 mln​

Number of shares 

7.94 mln fully paid shares

Nominal Value 

SAR 10
 

IPO Summary

Issue Percentage

30%

Offered Shares

2.38 mln fully paid shares

IPO Minimum Limit

10 shares

IPO Maximum Limit

396,600 shares

Offer Period

Sept. 1-4, 2025

Final Allocation

Sept. 9, 2025

Surplus Refund (if any)

Sept. 11, 2025

 

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Kamal Osman Jamjoom Trading Co.

7.94

100%

5.56

70%

Qualified investors

--

--

2.38

30%

Total

7.94

100 %

7.94

100%

*Kamal Osman Saleh Jamjoom owns 99% of the share capital of Kamal Osman Jamjoom Trading Co.

**Jamil Kamal Osman Jamjoom owns 1% of the share capital of Kamal Osman Jamjoom Trading Co.

 

Additional Information

Financial Advisor & Lead Manager

EFG Hermes Saudi Arabia

Receiving Agents

Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Albilad Capital, AlJazira Capital, Alistithmar Capital, Derayah Financial, Alinma Capital, ANB Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG Hermes, Musharaka Capital, and Awaed Alosool Capital

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