Logo ofHawyia AuctionsCo.
Hawyia AuctionsCo. begins trading on the Nomu-Parallel Market today, June 22, under the symbol 9641 and ISIN code S SA16AG6KMKH9, with shares priced at SAR 13 each.
The stock is subject to daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Hawyia Auctions offered 2.4 million shares on Nomu, or 12% of its SAR 20 million capital, divided into 20 million shares, at SAR 13 each. The offering was 310.7% covered.
This is the 18th listing on Nomu in 2025, followingone direct listing and 17 public offerings to investors.
Nomu saw 30 IPOs in 2024, including three direct listings and 27 offerings to qualified investors.
Hawyia Auctions listing brings the total number of companies on Nomu to 122, in addition to the Alwaha REIT Fund.
Company Overview
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
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Alsoliman Real Estate Co.
10.80
54.0%
9.50
47.5%
Mohammed Abdullah 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%
Qualified investors
—
—
2.40
12.0%
Total
20.0
100%
20.0
100%
**Vice Chairman Abdullah Al-Askar holds indirect ownership given his 4.18% direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 2.25% of the pre-IPO issued capital and 1.98% of the post-IPO issued capital.
***Shareholder Mohammed Al-Tuwaijri holds indirect ownership in the issuer resulting from his direct direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 0.06% of the pre-IPO issued capital and 0.05% of the pre-IPO issued capital
Logo ofHawyia AuctionsCo.
Hawyia AuctionsCo. begins trading on the Nomu-Parallel Market today, June 22, under the symbol 9641 and ISIN code S SA16AG6KMKH9, with shares priced at SAR 13 each.
The stock is subject to daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Hawyia Auctions offered 2.4 million shares on Nomu, or 12% of its SAR 20 million capital, divided into 20 million shares, at SAR 13 each. The offering was 310.7% covered.
This is the 18th listing on Nomu in 2025, followingone direct listing and 17 public offerings to investors.
Nomu saw 30 IPOs in 2024, including three direct listings and 27 offerings to qualified investors.
Hawyia Auctions listing brings the total number of companies on Nomu to 122, in addition to the Alwaha REIT Fund.
Company Overview
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
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Alsoliman Real Estate Co.
10.80
54.0%
9.50
47.5%
Mohammed Abdullah 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%
Qualified investors
—
—
2.40
12.0%
Total
20.0
100%
20.0
100%
**Vice Chairman Abdullah Al-Askar holds indirect ownership given his 4.18% direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 2.25% of the pre-IPO issued capital and 1.98% of the post-IPO issued capital.
***Shareholder Mohammed Al-Tuwaijri holds indirect ownership in the issuer resulting from his direct direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 0.06% of the pre-IPO issued capital and 0.05% of the pre-IPO issued capital