Logo ofAxelerated Solutions for Information and Communication Technology Co.
Axelerated Solutions for Information and Communication Technology Co.’sshares start trading on the Nomu-Parallel Market today, June 1, under the symbol 9637 and ISIN Code SA16AGDKMIH2, at SAR 27 per share. 
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Axelerated Solutionsfloatedthree million shares on Nomu. The offering was nearly 208.1%covered.
The offered shares represented 10.71% of the company’s post-IPO capital, amounting to SAR 28 million (divided into 28 million shares with a par value of SAR 1 each).
This is the 13th listing on Nomu in 2025, followingShmoh Almadi Co.debut on Jan. 13 andITMAM Consulting Co.on Jan. 23. This is in addition toAlshehili Co. for Metal IndustriesandTwareat Medical Care Co.on Jan. 29. Also, Basma Adeem Medical Co. (Smile Care) on Feb. 3,Lamasat Co.on Feb. 9,Hedab Alkhaleejon March 5,RATIOon March 9,Future Vision for Health Training Co.on April 27,Service Equipment Co.on May 4, Dkhoun National Trading Co.on May 20, Adeer Real Estate Co. on May 26.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
This listing brings the number of Nomu firms to 117, in addition toAlwaha REIT Fund.
Company Overview
Established in 2015 with headquarters in Riyadh, the company offers managed and operational services,software licensing, PCs,and their accessories.
Company Profile
Company
Axelerated Solutions for Information and Communication Technology Co.
Market
Nomu-Parallel Market
Core Activities
ICT
Capital before IPO
SAR 25 mln
No. of Shares
25 mln
Capital after IPO
SAR 28 mln
Number of shares
28 mln
Share Par Value
SAR 1
Company Shareholders
Shareholders
Before IPO
Post-Offering
No. of Shares
(mln)
Ownership (%)
No. of Shares
(mln)
Ownership (%)
Ahmed Abdulaziz Ibrahim Al-Usaili
10.00
40.00%
10.00
35.71%
Abdullah Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
Yousef Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
New shares to qualified investors
—
—
3.00
10.71%
Total
25.00
100%
28.00
100%
Logo ofAxelerated Solutions for Information and Communication Technology Co.
Axelerated Solutions for Information and Communication Technology Co.’sshares start trading on the Nomu-Parallel Market today, June 1, under the symbol 9637 and ISIN Code SA16AGDKMIH2, at SAR 27 per share.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Axelerated Solutionsfloatedthree million shares on Nomu. The offering was nearly 208.1%covered.
The offered shares represented 10.71% of the company’s post-IPO capital, amounting to SAR 28 million (divided into 28 million shares with a par value of SAR 1 each).
This is the 13th listing on Nomu in 2025, followingShmoh Almadi Co.debut on Jan. 13 andITMAM Consulting Co.on Jan. 23. This is in addition toAlshehili Co. for Metal IndustriesandTwareat Medical Care Co.on Jan. 29. Also, Basma Adeem Medical Co. (Smile Care) on Feb. 3,Lamasat Co.on Feb. 9,Hedab Alkhaleejon March 5,RATIOon March 9,Future Vision for Health Training Co.on April 27,Service Equipment Co.on May 4, Dkhoun National Trading Co.on May 20, Adeer Real Estate Co. on May 26.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
This listing brings the number of Nomu firms to 117, in addition toAlwaha REIT Fund.
Company Overview
Established in 2015 with headquarters in Riyadh, the company offers managed and operational services,software licensing, PCs,and their accessories.
Company Profile
Company
Axelerated Solutions for Information and Communication Technology Co.
Market
Nomu-Parallel Market
Core Activities
ICT
Capital before IPO
SAR 25 mln
No. of Shares
25 mln
Capital after IPO
SAR 28 mln
Number of shares
28 mln
Share Par Value
SAR 1
Company Shareholders
Shareholders
Before IPO
Post-Offering
No. of Shares
(mln)
Ownership (%)
No. of Shares
(mln)
Ownership (%)
Ahmed Abdulaziz Ibrahim Al-Usaili
10.00
40.00%
10.00
35.71%
Abdullah Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
Yousef Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
New shares to qualified investors
—
—
3.00
10.71%
Total
25.00
100%
28.00
100%
