Logo ofBasma Adeem Medical Co.
Shares ofBasma Adeem Medical Co.(Smile Care)started trading on theNomu-Parallel Market today, Feb. 3,with the symbol9626and ISIN Code SA168G24MD19,at SAR 4.40 apiece. 
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Smile Care offered four million shares on Nomu, representing 20% of its post-IPO capital, with a coverage ratio of 1981.27%.
The company’s post-IPO capital amounted to SAR 20 million, divided into 20 million shares, at a par value of SAR 1each.
This is the fifth listing on Nomu this year, after Shmoh Almadi Co. on Jan. 13, ITMAM Consulting Co. on Jan. 23 and Twareat Medical Center and Alshehili Co. for Metal Industries on Jan. 29.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
Smile Care brings the number of listed companies on Nomu to 109, in addition toAlwaha REIT Fund.
Smile Care was founded in 2012 and is based in Riyadh. It was incepted as a limited liability company before becoming a closed joint-stock Saudi company.
The company’s actual activity is dentistry, dental treatment and cosmetic services. Its commercial registration lists additional activities, including specialty medical complexes, day surgery centers, medical clinics, and managing the operations of these facilities.
Company Profile
Company
Basma Adeem Medical Co. (Smile Care)
Market
Nomu-Parallel Market
Core Activities
Dental treatment and cosmetic dentistry
Pre-IPO Capital
SAR 16 mln
Current Number of Shares
16 mln
Post-IPO Capital
SAR 20 mln
New Number of Shares
20 mln
Par Value
SAR 1 per share
Company Shareholders
Shareholder
Pre-IPO
Post-IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Abdullah Al-Qadeeri
4030.03
25.19%
4030.03
20.15%
Mohammed Al-Buardi
3664.73
22.90%
3664.73
18.32%
Talal Al-Nassar
2748.88
17.18%
2748.88
13.74%
Mohammed Al-Sarhan
2015.67
12.60%
2015.67
10.08%
Treasury Shares
1600.00
10.00%
1600.00
8.00%
Sahmeen Investment
587.09
3.67%
587.09
2.94%
Farraj Al-Balawi
360.00
2.25%
360.00
1.80%
Nora Al-Sunaidi
288.00
1.80%
288.00
1.44%
Ibrahim Al-Oqeili
216.00
1.35%
216.00
1.08%
Abdulaziz Al-Bulaihis
144.00
0.90%
144.00
0.72%
Yazid Al-Buardi
86.40
0.54%
86.40
0.43%
Muteb Al-Qadeeri
86.40
0.54%
86.40
0.43%
Khalid Al-Nassar
86.40
0.54%
86.40
0.43%
Nora Al-Sahli
86.40
%0.54
86.40
0.43%
New Shares for QualifiedInvestors
—
—
4000
20.00%
Total
16000
100 %
20000
100 %
Logo ofBasma Adeem Medical Co.
Shares ofBasma Adeem Medical Co.(Smile Care)started trading on theNomu-Parallel Market today, Feb. 3,with the symbol9626and ISIN Code SA168G24MD19,at SAR 4.40 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Smile Care offered four million shares on Nomu, representing 20% of its post-IPO capital, with a coverage ratio of 1981.27%.
The company’s post-IPO capital amounted to SAR 20 million, divided into 20 million shares, at a par value of SAR 1each.
This is the fifth listing on Nomu this year, after Shmoh Almadi Co. on Jan. 13, ITMAM Consulting Co. on Jan. 23 and Twareat Medical Center and Alshehili Co. for Metal Industries on Jan. 29.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
Smile Care brings the number of listed companies on Nomu to 109, in addition toAlwaha REIT Fund.
Smile Care was founded in 2012 and is based in Riyadh. It was incepted as a limited liability company before becoming a closed joint-stock Saudi company.
The company’s actual activity is dentistry, dental treatment and cosmetic services. Its commercial registration lists additional activities, including specialty medical complexes, day surgery centers, medical clinics, and managing the operations of these facilities.
Company Profile
Company
Basma Adeem Medical Co. (Smile Care)
Market
Nomu-Parallel Market
Core Activities
Dental treatment and cosmetic dentistry
Pre-IPO Capital
SAR 16 mln
Current Number of Shares
16 mln
Post-IPO Capital
SAR 20 mln
New Number of Shares
20 mln
Par Value
SAR 1 per share
Company Shareholders
Shareholder
Pre-IPO
Post-IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Abdullah Al-Qadeeri
4030.03
25.19%
4030.03
20.15%
Mohammed Al-Buardi
3664.73
22.90%
3664.73
18.32%
Talal Al-Nassar
2748.88
17.18%
2748.88
13.74%
Mohammed Al-Sarhan
2015.67
12.60%
2015.67
10.08%
Treasury Shares
1600.00
10.00%
1600.00
8.00%
Sahmeen Investment
587.09
3.67%
587.09
2.94%
Farraj Al-Balawi
360.00
2.25%
360.00
1.80%
Nora Al-Sunaidi
288.00
1.80%
288.00
1.44%
Ibrahim Al-Oqeili
216.00
1.35%
216.00
1.08%
Abdulaziz Al-Bulaihis
144.00
0.90%
144.00
0.72%
Yazid Al-Buardi
86.40
0.54%
86.40
0.43%
Muteb Al-Qadeeri
86.40
0.54%
86.40
0.43%
Khalid Al-Nassar
86.40
0.54%
86.40
0.43%
Nora Al-Sahli
86.40
%0.54
86.40
0.43%
New Shares for QualifiedInvestors
—
—
4000
20.00%
Total
16000
100 %
20000
100 %
