AI Summary
Logo of Kesay Clinics Co.
Kesay Clinics Co. issued today, Jan. 22, the prospectus to float two million shares on the Nomu-Parallel Market.
The offered shares represent 5.26% of its pre-IPO capital of SAR 38 million, divided into 38 million shares at a par value of SAR 1 per share. The shares account for 5% of post-IPO capital of almost SAR 40 million.
In December 2025, the the Capital Market Authority (CMA) approved the company's Nomu listing application.
The IPO will be limited to qualified investors, as per the CMA instructions. The share offering will run for seven days from Feb. 11-22.
The company’s core business covers the provision of medical care services related to dermatology and cosmetic treatments, laser devices, and skin and hair care. According to its commercial register, the company’s activities also include integrated administrative services for offices and specialized medical complexes.
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Company Profile |
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Company |
Kesay Clinics Co. |
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Market |
Nomu-Parallel Market |
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Core Activities |
Medical care services |
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Pre-IPO Capital |
SAR 38 mln |
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Number of Shares |
38 mln |
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Post-IPO Capital |
SAR 40 mln |
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New Number of Shares |
40 mln |
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Nominal Value |
SAR 1 per share |
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IPO Summary |
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Issue Percentage |
5.26% of pre-IPO capital and 5% of post-IPO capital |
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Offered Shares |
2 mln |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
1,999,990 shares |
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Offer Period |
Feb. 11-22, 2026 |
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Final Allocation |
Feb. 25, 2026 |
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Surplus Refund (if any) |
March 2, 2026 |
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Additional Information |
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Financial Advisor |
Estidamah Capital |
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Lead Manager |
Derayah Financial |
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Receiving Agents |
Alinma Capital, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Albilad Capital, AlJazira Capital, Alistithmar Capital, Yaqeen Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, Musharaka Capital, EFG-Hermes, Awaed Alosool Capital and Dinar Investment. |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (mln) |
Ownership (%) |
Number of Shares (mln) |
Ownership (%) |
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Sulaiman Hamad Abdullah Al-Yahia |
32.22 |
84.8 % |
32.22 |
80.6 % |
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Wagf Sulaiman Al-Yahia* |
3.61 |
9.5 % |
3.61 |
9.0% |
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Other shareholders** |
2.17 |
5.7 % |
2.17 |
5.4 % |
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Public |
-- |
-- |
2.0 |
5.0 % |
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Total |
38.0 |
100 % |
40.0 |
100 % |
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