Logo ofAl Kuzama Trading Co.
Al Kuzama Tradingfloated422,400 shares on Nomu. The offering was nearly 108.4%covered. 
The offered shares represented 10.71% of the company’s post-IPO capital, amounting to SAR 39.42 million (divided into 3.94 million shares with a par value of SAR 10each).
TheofferingsofAl Kuzama Tradingwill bring this year’s IPOs to14on Nomu, after Shmoh Almadi Co. on Jan. 13,ITMAM Consulting Co.on Jan. 23, Twareat Medical Care Co. and Alshehili Company for Metal Industries on Jan. 29, Basma Adeem Medical Co.(Smile Care) on Feb. 3.This is in addition toLamasat Co.on Feb. 9,Hedab Alkhaleej Trading Co.on March 5, Ratio Speciality Company for Tradingon March 9,Future Vision for Health Training Co.on April 27,Service Equipment Co.on May 4, Dkhoun National Trading Co. on May 20, AdeerReal Estate and Dkhoun National Trading Co. on May 26 andAxelerated Solutions for Information and Communication Technology Co.on June 1.
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 118, in addition toAlwaha REIT Fund.
Al Kuzama Trading was established in 2013 as a sole proprietorship in Riyadh. It was later transformed into a limited liability company and then into a joint-stock company in 2021. The company’s current activities include establishing restaurants that sell a variety of food and beverages, as well as organizing upscale events.
Activities, according to the commercial register, include renovations to residential and non-residential buildings, restaurant services, and the activities of contractors providing catering services. Storage in warehouses, silos, and storage of grain, flour, and agricultural products, as well as dry food stores, are also provided.
Company Profile
Company
Al Khuzama Trading Co.
Market
Nomu-Parallel Market
Core Activities
Establishing and managing restaurants, and organizing events
Pre-IPO Capital
SAR 35.20 mln
Post-IPO Capital
SAR 39.42 mln
Pre-IPO Number of Shares
3.52 mln
Post-IPO Number of Shares
3.94 mln
Par Value
SAR 10/share
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
No. of Shares
(‘000)
Ownership (%)
No. of Shares
(‘000)
Ownership (%)
Khaled Ali Al-Hagbani
1,169.02
33.21%
1,169.02
29.65%
Ali Mubarak Al-Dosari
682.90
19.40%
682.90
17.32%
Sulaimaniyah Investment Group
280.90
7.98%
280.90
7.13%
Other shareholders owning <5% (26 shareholders)
1,387.19
39.41%
1,387.19
35.19%
Qualified investors
—
—
422.40
10.71%
Total
3,520
100%
3,942.40
100%
Logo ofAl Kuzama Trading Co.
Al Kuzama Tradingfloated422,400 shares on Nomu. The offering was nearly 108.4%covered.
The offered shares represented 10.71% of the company’s post-IPO capital, amounting to SAR 39.42 million (divided into 3.94 million shares with a par value of SAR 10each).
TheofferingsofAl Kuzama Tradingwill bring this year’s IPOs to14on Nomu, after Shmoh Almadi Co. on Jan. 13,ITMAM Consulting Co.on Jan. 23, Twareat Medical Care Co. and Alshehili Company for Metal Industries on Jan. 29, Basma Adeem Medical Co.(Smile Care) on Feb. 3.This is in addition toLamasat Co.on Feb. 9,Hedab Alkhaleej Trading Co.on March 5, Ratio Speciality Company for Tradingon March 9,Future Vision for Health Training Co.on April 27,Service Equipment Co.on May 4, Dkhoun National Trading Co. on May 20, AdeerReal Estate and Dkhoun National Trading Co. on May 26 andAxelerated Solutions for Information and Communication Technology Co.on June 1.
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 118, in addition toAlwaha REIT Fund.
Al Kuzama Trading was established in 2013 as a sole proprietorship in Riyadh. It was later transformed into a limited liability company and then into a joint-stock company in 2021. The company’s current activities include establishing restaurants that sell a variety of food and beverages, as well as organizing upscale events.
Activities, according to the commercial register, include renovations to residential and non-residential buildings, restaurant services, and the activities of contractors providing catering services. Storage in warehouses, silos, and storage of grain, flour, and agricultural products, as well as dry food stores, are also provided.
Company Profile
Company
Al Khuzama Trading Co.
Market
Nomu-Parallel Market
Core Activities
Establishing and managing restaurants, and organizing events
Pre-IPO Capital
SAR 35.20 mln
Post-IPO Capital
SAR 39.42 mln
Pre-IPO Number of Shares
3.52 mln
Post-IPO Number of Shares
3.94 mln
Par Value
SAR 10/share
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
No. of Shares
(‘000)
Ownership (%)
No. of Shares
(‘000)
Ownership (%)
Khaled Ali Al-Hagbani
1,169.02
33.21%
1,169.02
29.65%
Ali Mubarak Al-Dosari
682.90
19.40%
682.90
17.32%
Sulaimaniyah Investment Group
280.90
7.98%
280.90
7.13%
Other shareholders owning <5% (26 shareholders)
1,387.19
39.41%
1,387.19
35.19%
Qualified investors
—
—
422.40
10.71%
Total
3,520
100%
3,942.40
100%
