Logo ofAl Kuzama Trading Co.
The price range of Al Kuzama Trading Co.’s initial public offering (IPO) on the Nomu-Parallel Market has been set between SAR 99 and SAR 107 per share, according to Yaqeen Capital, the financial advisor and lead manager of the IPO. 
The book-building period for qualified investors will run from May 18-22, the company said in a statement on Tadawul today, May 13.
According to data available with Argaam, the company intends to list 422,400 shares on Nomu. The offered shares represent 10.71% of its post-IPO capital (12% of its pre-IPO capital) at SAR 10 per share.
Al Kuzama was founded in 2013 in Riyadh as a sole proprietorship. It transitioned to a limited liability company before becoming a joint-stock company in 2021. It currently operates restaurants and organizes upscale events.
Logo ofAl Kuzama Trading Co.
The price range of Al Kuzama Trading Co.’s initial public offering (IPO) on the Nomu-Parallel Market has been set between SAR 99 and SAR 107 per share, according to Yaqeen Capital, the financial advisor and lead manager of the IPO.
The book-building period for qualified investors will run from May 18-22, the company said in a statement on Tadawul today, May 13.
According to data available with Argaam, the company intends to list 422,400 shares on Nomu. The offered shares represent 10.71% of its post-IPO capital (12% of its pre-IPO capital) at SAR 10 per share.
Al Kuzama was founded in 2013 in Riyadh as a sole proprietorship. It transitioned to a limited liability company before becoming a joint-stock company in 2021. It currently operates restaurants and organizes upscale events.
