‎Cancelled & incomplete IPOs on TASI, Nomu in 2025

The number of initial public offerings (IPOs) on the Main Market (TASI) reached 14 during 2025; 13 were completed at varying coverage rates. However, EFSIM Facilities Management Co. decided – after consultation with its financial advisor – not to proceed with the IPO of its shares on Tadawul.

However, EFSIM Facilities Management Co. decided – after consultation with its financial advisor – not to proceed with the initial public offering (IPO) of its shares on Tadawul.

On the Nomu-Parallel Market, a total of 30 IPOs were announced during 2025, out of which 23 were completed, while six companies cancelled their IPOs for several reasons. One IPO is currently underway.

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The last three IPOs witnessed two offerings that were not completed, while the third IPO (Khalid Dhafer Brothers Logistics Services Co.) was extended until Dec. 16, 2025, with results still pending.

*mln shares

There are also companies that announced the cancellation of their offerings before publishing the prospectus, as well as companies that did not comply with the six-month deadline after obtaining the approval of the Capital Market Authority (CMA).

The number of initial public offerings (IPOs) on the Main Market (TASI) reached 14 during 2025; 13 were completed at varying coverage rates. However, EFSIM Facilities Management Co. decided – after consultation with its financial advisor – not to proceed with the IPO of its shares on Tadawul.

However, EFSIM Facilities Management Co. decided – after consultation with its financial advisor – not to proceed with the initial public offering (IPO) of its shares on Tadawul.

On the Nomu-Parallel Market, a total of 30 IPOs were announced during 2025, out of which 23 were completed, while six companies cancelled their IPOs for several reasons. One IPO is currently underway.

The last three IPOs witnessed two offerings that were not completed, while the third IPO (Khalid Dhafer Brothers Logistics Services Co.) was extended until Dec. 16, 2025, with results still pending.

*mln shares

There are also companies that announced the cancellation of their offerings before publishing the prospectus, as well as companies that did not comply with the six-month deadline after obtaining the approval of the Capital Market Authority (CMA).