AI Summary
Tadawul trading screen
Initial public offerings (IPOs) on the Main Market (TASI) totaled 14 in 2025, with 13 successfully completed at varying coverage levels. EFSIM Facilities Management Co., however, opted not to proceed with its planned listing after consulting its financial advisor.
On the Nomu Parallel Market, 30 IPOs were announced during the year. Of these, 23 were completed, while six companies withdrew their offerings for various reasons. One IPO remains in progress.
Of the most recent three offerings, two were not completed, while the third — Khalid Dhafer & Brothers Logistics Services Co. — was extended to Dec. 16.
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Canceled IPOs on TASI/Nomu During 2025 |
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Company |
Price Range |
No. of shares (‘000) |
Reasons |
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TASI |
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EFSIM |
19-22 |
16.80* |
Decided not to proceed with the IPO after consultation with the financial advisor |
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Nomu - Parallel Market |
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Alwazn Almithaly |
75-78 |
451.5 |
Incomplete |
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Lavenco |
48 |
300 |
Undersubscribed |
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IUTC |
Not announced |
247 |
Upon the company's request |
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Al Khaldi Logistics |
44-47 |
1,050 |
Incomplete |
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Dome |
42 |
850 |
Incomplete |
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Rawabi Marketing |
35 |
1,000 |
Incomplete |
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*mln shares
There are also companies that announced the cancellation of their offerings before publishing the prospectus, as well as companies that did not comply with the six-month deadline after obtaining the approval of the Capital Market Authority (CMA).
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