{"id":97200,"date":"2025-05-20T00:00:00","date_gmt":"2025-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/20\/anmat-prices-nomu-ipo-at-sar-9-5-per-share\/"},"modified":"2025-05-20T00:00:00","modified_gmt":"2025-05-20T00:00:00","slug":"anmat-prices-nomu-ipo-at-sar-9-5-per-share","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/20\/anmat-prices-nomu-ipo-at-sar-9-5-per-share\/","title":{"rendered":"Anmat prices Nomu IPO at SAR 9.5 per share"},"content":{"rendered":"

Anmat priced its IPO on Tadawul\u2019s parallel market Nomu at SAR 9.5 per<\/strong> share<\/strong>, according to a filing<\/a> to Tadawul. The multi-sector firm is set to raise SAR 47.5 mn from the sale of 5 mn new shares, giving the company a market cap of SAR 408.5 mn at listing, based on our calculations.<\/p>\n

REFRESHER-<\/strong> The company is offering a 11.6% stake on Nomu<\/a> as it seeks to shore up capital to finance two of its already-awarded projects that are expected to cost SAR 45 mn. Some SAR 2.5 mn of total proceeds are earmarked to cover transaction-related costs. The company\u2019s two substantial shareholders will retain 88.4% ownership post-IPO, down from 100%, and will not receive any proceeds from the offering.<\/p>\n

What\u2019s next: <\/strong>The subscription window runs from this Thursday, 22 May until next Tuesday, 27 May, during which qualified investors can subscribe for up to 2 mn shares each, with a minimum order size of 100 shares. Final allocations are expected to be announced on Sunday, 1 June.<\/p>\n

ADVISORS-<\/strong> Merchant\u2019s Capital is quarterbacking the transaction as financial advisor, with Alinma Capital serving as lead manager on the transaction. RSM is serving as an independent auditor. Receiving agents include Al Jazira Capital, Albilad Capital, Alkhabeer Capital, and ANB Capital, among others.<\/p>\n

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