Logo ofHawyia Auctions Co.
Hawyia Auctions Co. issued today, May 6, the prospectus to list 2.4 million shares, or 12% of capital, on the Nomu-Parallel Market. 
The share sale will run for four working days from May 26-29, 2025.
The Capital Market Authority (CMA) approved, in March the application received from the company to register its shares for direct listing on Nomu.
Hawyia Auctions was established as a limited liability company in 2019 in Riyadh. It was converted into a closed joint stock company in 2024.
The company’s current activity is to provide auction organization and management services, estate settlement, and exclusive real estate marketing.
Company Profile
Company
Hawyia Auctions Co.
Core Activities
Real estate marketing and auctions management
Market
Nomu – Parallel Market
Capital
SAR 20 mln
Number of Shares
20 mln
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
12%
Offered shares
2.4 mln
Offer Price
SAR 13
IPO Minimum Limit
10 shares
IPO Maximum Limit
9.9 mln shares
Offer period
From May 26-29, 2025
Final Allocation
June 2, 2025
Refund (if any)
June 4, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Sulaiman Real Estate Co.
10.80
54.0%
9.50
47.5%
Mohammed Abdullah Mohammed Al-Olayan*
4.88
24.4%
4.29
21.5%
Abdullah Imad Hamad Al-Askar**
3.92
19.6%
3.45
17.3%
Mohammed Ibrahim Hamad Al-Tuwaijri***
0.40
2.0%
0.35
1.8%
QFIs
—
—
2.40
12.0%
Total
20.0
100%
20.0
100%
**Vice Chairman Abdullah Imad Hamad Al-Askar, has an indirect ownership in the issuer resulting from his direct ownership of Al-Sulaiman Real Estate Company (a major shareholder) of 4.18% of its capital, of which the issuer owns 54%. His indirect ownership represents 2.25% of the issued capital before the IPO and 1.98% of issued capital after the IPO.
***Shareholder Mohammed Ibrahim Hamad Al-Tuwaijri, has an indirect ownership in the issuer resulting from his direct ownership of Al-Sulaiman Real Estate Company (a major shareholder) of which the issuer owns 54%. His indirect ownership represents 0.06% of the issued capital before the IPO and 0.05% of issued capital after the IPO.
Additional Information
Financial Advisor
Business Sustainability Finance Co.
Lead Manager
Derayah Financial
Receiving Banks
Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital
Logo ofHawyia Auctions Co.
Hawyia Auctions Co. issued today, May 6, the prospectus to list 2.4 million shares, or 12% of capital, on the Nomu-Parallel Market.
The share sale will run for four working days from May 26-29, 2025.
The Capital Market Authority (CMA) approved, in March the application received from the company to register its shares for direct listing on Nomu.
Hawyia Auctions was established as a limited liability company in 2019 in Riyadh. It was converted into a closed joint stock company in 2024.
The company’s current activity is to provide auction organization and management services, estate settlement, and exclusive real estate marketing.
Company Profile
Company
Hawyia Auctions Co.
Core Activities
Real estate marketing and auctions management
Market
Nomu – Parallel Market
Capital
SAR 20 mln
Number of Shares
20 mln
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
12%
Offered shares
2.4 mln
Offer Price
SAR 13
IPO Minimum Limit
10 shares
IPO Maximum Limit
9.9 mln shares
Offer period
From May 26-29, 2025
Final Allocation
June 2, 2025
Refund (if any)
June 4, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Sulaiman Real Estate Co.
10.80
54.0%
9.50
47.5%
Mohammed Abdullah Mohammed Al-Olayan*
4.88
24.4%
4.29
21.5%
Abdullah Imad Hamad Al-Askar**
3.92
19.6%
3.45
17.3%
Mohammed Ibrahim Hamad Al-Tuwaijri***
0.40
2.0%
0.35
1.8%
QFIs
—
—
2.40
12.0%
Total
20.0
100%
20.0
100%
**Vice Chairman Abdullah Imad Hamad Al-Askar, has an indirect ownership in the issuer resulting from his direct ownership of Al-Sulaiman Real Estate Company (a major shareholder) of 4.18% of its capital, of which the issuer owns 54%. His indirect ownership represents 2.25% of the issued capital before the IPO and 1.98% of issued capital after the IPO.
***Shareholder Mohammed Ibrahim Hamad Al-Tuwaijri, has an indirect ownership in the issuer resulting from his direct ownership of Al-Sulaiman Real Estate Company (a major shareholder) of which the issuer owns 54%. His indirect ownership represents 0.06% of the issued capital before the IPO and 0.05% of issued capital after the IPO.
Additional Information
Financial Advisor
Business Sustainability Finance Co.
Lead Manager
Derayah Financial
Receiving Banks
Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital
