Logo ofITMAM Consulting Co.
ITMAM Consulting Co. issued today, Dec. 17, the prospectus to list 3 million shares on the Nomu-Parallel Market. 
The offered shares represent 15% of the company’s pre-IPO of SAR 20 million (divided into 20 million shares) at SAR 1 per share. These shares also represent 14.29% of post-IPO capital amounting to SAR 21 million.
The IPO, limited to qualified investors according to the CMA regulations, will run for six working days from Jan. 5-12.
In October, the Capital Market Authority (CMA) approved the company’s application to float its shares on the main market.
ITMAM Consulting Co. was established in 2018 in Riyadh. The company’s current actual activity is to provide management consulting services, including business transformation, assessment and commitment, capacity building and development.
The company’s activities, as stated in its commercial register, include rehabilitating and restructuring the administrative, financial and operational processes of establishments, providing senior management consulting services, market research and opinion polls, integrated administrative services activities for offices, business incubators and accelerators activities (requires a license from the Small Medium Enterprises General Authority), organizing and managing exhibitions and conferences, organizing and managing crowds, and operating exhibition and conference centers and facilities.
Company Profile
Company
ITMAM Consulting Co.
Market
Nomu – Parallel Market
Core Activities
Providing management consulting services
Capital before IPO
SAR 20 mln
Number of Shares
20 mln
Capital after IPO
SAR 21 mln
Number of shares after IPO
21 mln
Share Par Value
SAR 1 per share
IPO Summary
Issue Percentage
14.29% of post-increase capital (15% of pre-IPO capital)
Offered shares
3 mln shares
IPO Minimum Limit
100 shares
IPO Maximum Limit
1049900 shares
Offer period
Six working days from Jan. 5-12.
Final Allocation
Jan. 15, 2025
Refund (if any)
Jan. 19, 2025
Company Shareholders
Shareholders
Before IPO
Post-IPO
Number of Shares
(‘000 shares)
Ownership (%)
Number of Shares
(‘000 shares)
Ownership (%)
Wajd Holding Group
4000
20.00%
3600
17.14%
Abdul Rahman Abdullah Hamoud Al Nuwaiser
2950
14.75%
2655
12.64%
Mohammed Suleiman Abdullah Al-Zaben
2950
14.75%
2655
12.64%
Asset Management Co. Limited
2500
12.50%
2250
10.71%
Ali Mohammed Rashid Al-Balla
2400
12.00%
2160
10.29%
Adham Saleh Hamdam Jan Qari
2000
10.00%
1800
8.57%
Home of the Future Administrative Company
2000
10.00%
1800
8.57%
Mohammed Saad Hamoud Al-Asimi
800
4.00%
720
3.43%
Abdulrahman Abdulmohsen Mohammed Al-Khalaf
100
0.50%
90
0.43%
Azzam Omar Abdulrahman Al-Mufdi
100
0.50%
90
0.43%
Abdulaziz Abdulrahman Abdullah Al-Faryan
100
0.50%
90
0.43%
Ruba Abdullah Muayyad Al-Thunayan
100
0.50%
90
0.43%
QFIs
—
0.4%
3000
14.29%
Total
20000
100%
21000
100%
Additional Information
Financial Advisor and Lead Manager
Yaqeen Capital
Receiving Banks
Alinma Investment – Al Rajhi Capital – SNB Capital – BSF Capital – Riyad Capital – ANB Capital – Alistithmar Capital – Albilad Capital – AlJazira Capital – GIB Capital – Alkhabeer Capital – SAB Invest – Sahm Capital – Derayah Financial
Logo ofITMAM Consulting Co.
ITMAM Consulting Co. issued today, Dec. 17, the prospectus to list 3 million shares on the Nomu-Parallel Market.
The offered shares represent 15% of the company’s pre-IPO of SAR 20 million (divided into 20 million shares) at SAR 1 per share. These shares also represent 14.29% of post-IPO capital amounting to SAR 21 million.
The IPO, limited to qualified investors according to the CMA regulations, will run for six working days from Jan. 5-12.
In October, the Capital Market Authority (CMA) approved the company’s application to float its shares on the main market.
ITMAM Consulting Co. was established in 2018 in Riyadh. The company’s current actual activity is to provide management consulting services, including business transformation, assessment and commitment, capacity building and development.
The company’s activities, as stated in its commercial register, include rehabilitating and restructuring the administrative, financial and operational processes of establishments, providing senior management consulting services, market research and opinion polls, integrated administrative services activities for offices, business incubators and accelerators activities (requires a license from the Small Medium Enterprises General Authority), organizing and managing exhibitions and conferences, organizing and managing crowds, and operating exhibition and conference centers and facilities.
Company Profile
Company
ITMAM Consulting Co.
Market
Nomu – Parallel Market
Core Activities
Providing management consulting services
Capital before IPO
SAR 20 mln
Number of Shares
20 mln
Capital after IPO
SAR 21 mln
Number of shares after IPO
21 mln
Share Par Value
SAR 1 per share
IPO Summary
Issue Percentage
14.29% of post-increase capital (15% of pre-IPO capital)
Offered shares
3 mln shares
IPO Minimum Limit
100 shares
IPO Maximum Limit
1049900 shares
Offer period
Six working days from Jan. 5-12.
Final Allocation
Jan. 15, 2025
Refund (if any)
Jan. 19, 2025
Company Shareholders
Shareholders
Before IPO
Post-IPO
Number of Shares
(‘000 shares)
Ownership (%)
Number of Shares
(‘000 shares)
Ownership (%)
Wajd Holding Group
4000
20.00%
3600
17.14%
Abdul Rahman Abdullah Hamoud Al Nuwaiser
2950
14.75%
2655
12.64%
Mohammed Suleiman Abdullah Al-Zaben
2950
14.75%
2655
12.64%
Asset Management Co. Limited
2500
12.50%
2250
10.71%
Ali Mohammed Rashid Al-Balla
2400
12.00%
2160
10.29%
Adham Saleh Hamdam Jan Qari
2000
10.00%
1800
8.57%
Home of the Future Administrative Company
2000
10.00%
1800
8.57%
Mohammed Saad Hamoud Al-Asimi
800
4.00%
720
3.43%
Abdulrahman Abdulmohsen Mohammed Al-Khalaf
100
0.50%
90
0.43%
Azzam Omar Abdulrahman Al-Mufdi
100
0.50%
90
0.43%
Abdulaziz Abdulrahman Abdullah Al-Faryan
100
0.50%
90
0.43%
Ruba Abdullah Muayyad Al-Thunayan
100
0.50%
90
0.43%
QFIs
—
0.4%
3000
14.29%
Total
20000
100%
21000
100%
Additional Information
Financial Advisor and Lead Manager
Yaqeen Capital
Receiving Banks
Alinma Investment – Al Rajhi Capital – SNB Capital – BSF Capital – Riyad Capital – ANB Capital – Alistithmar Capital – Albilad Capital – AlJazira Capital – GIB Capital – Alkhabeer Capital – SAB Invest – Sahm Capital – Derayah Financial
