Logo ofQomel Co.
Qomel Co. starts trading on theNomu-Parallel Market today, May 9, under the symbol 9600 and ISIN code SA162184M018, at SAR 80 per share. 
The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.
Qomel offered 500,000 shares, or 14.29%, of its 3.5 million post-IPO capital, to qualified investors. The initial public offering (IPO) was 274.52% covered.
This is the seventh IPO on Nomu during 2024 after the listing of Pan Gulf Marketing Co. on Feb. 18, WSM Information Technology Co. (Feb. 21), Al-Modawat Specialized Medical Co. (Feb. 25), Quara Finance Co. (March. 7), Al Mohafaza Co. for Education (March 26), and TAQAT Mineral Trading Co. (March 28).
In 2023, Nomu witnessed 35 listings, including six direct listings and 29 offerings to qualified investors plus one REIT.
Qomel will bring the total number of companies on Nomu to 85, in additiontoAlwaha REIT Fund.
Company Profile:
Qomel is a Saudi closed joint-stock company, established as a limited liability company in 2007 and headquartered in Riyadh.
Its current actual activity is to work as an agent or distributor for several multinational companies specialized in manufacturing and producing specialized pharmaceutical and medical preparations to treat patients in various fields. Qomel sells medicines, dental supplies, and medical devices in Saudi Arabia.
The company has a wholly-owned subsidiary, Qomal Factory Co., which is an under-construction pharmaceutical factory in Riyadh.
Company Profile
Company
Qomel Co.
Market
Nomu-Parallel Market
Core Activities
Medical company specializing in pharmaceuticals and medical supplies
Current Capital
SAR 35 mln
Number of Shares
3.5 mln
Par Value
SAR 10/share
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Salman Nasser Al-Mubarak
1440
48%
1440
41.14%
Bandar Abdul Rahman Mohammed Al-Nemr
720
24%
720
20.57%
Hisham Abdullah Al-Ogalaa
600
20%
600
17.14%
Rokaya Abdulaziz Al-Mubarak
240
8%
240
6.86%
Qualified Investors
—
—
500
14.29%
Total
3000.00
100%
3500.00
100%
Logo ofQomel Co.
Qomel Co. starts trading on theNomu-Parallel Market today, May 9, under the symbol 9600 and ISIN code SA162184M018, at SAR 80 per share.
The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.
Qomel offered 500,000 shares, or 14.29%, of its 3.5 million post-IPO capital, to qualified investors. The initial public offering (IPO) was 274.52% covered.
This is the seventh IPO on Nomu during 2024 after the listing of Pan Gulf Marketing Co. on Feb. 18, WSM Information Technology Co. (Feb. 21), Al-Modawat Specialized Medical Co. (Feb. 25), Quara Finance Co. (March. 7), Al Mohafaza Co. for Education (March 26), and TAQAT Mineral Trading Co. (March 28).
In 2023, Nomu witnessed 35 listings, including six direct listings and 29 offerings to qualified investors plus one REIT.
Qomel will bring the total number of companies on Nomu to 85, in additiontoAlwaha REIT Fund.
Company Profile:
Qomel is a Saudi closed joint-stock company, established as a limited liability company in 2007 and headquartered in Riyadh.
Its current actual activity is to work as an agent or distributor for several multinational companies specialized in manufacturing and producing specialized pharmaceutical and medical preparations to treat patients in various fields. Qomel sells medicines, dental supplies, and medical devices in Saudi Arabia.
The company has a wholly-owned subsidiary, Qomal Factory Co., which is an under-construction pharmaceutical factory in Riyadh.
Company Profile
Company
Qomel Co.
Market
Nomu-Parallel Market
Core Activities
Medical company specializing in pharmaceuticals and medical supplies
Current Capital
SAR 35 mln
Number of Shares
3.5 mln
Par Value
SAR 10/share
Company Shareholders
Shareholders
Pre-IPO
Post-IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Salman Nasser Al-Mubarak
1440
48%
1440
41.14%
Bandar Abdul Rahman Mohammed Al-Nemr
720
24%
720
20.57%
Hisham Abdullah Al-Ogalaa
600
20%
600
17.14%
Rokaya Abdulaziz Al-Mubarak
240
8%
240
6.86%
Qualified Investors
—
—
500
14.29%
Total
3000.00
100%
3500.00
100%
