‎Adeer debuts on Nomu at SAR 85/shr today

‎Adeer debuts on Nomu at SAR 85/shr today ‎Adeer debuts on Nomu at SAR 85/shr today

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Logo ofAdeerReal Estate Co.

AdeerReal Estate Co.shares starttrading on the Nomu-Parallel Market today, May 26, under the symbol 9634 and ISIN Code SA16A1AKMH11, at SAR 85 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

Adeerfloatedone million shares on Nomu. The offering was nearly 679.7%covered,with 927 qualified investors subscribing.

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The offered shares represented 20% of the company’s capital, amounting to SAR 50 million (divided into five million shares with a par value of SAR 10each).

This is the 12th listing on Nomu in 2025, following Shmoh Almadi Co.debut on Jan. 13, ITMAM Consulting Co. on Jan. 23, Alshehili Co. for Metal Industries and Twareat Medical Care Co. on Jan. 29, Basma Adeem Medical Co. (Smile Care) on Feb. 3, Lamasat Co. on Feb. 9, Hedab Alkhaleej on March 5, RATIO on March 9, Future Vision for Health Training Co. on April 27, Service Equipment Co. on May 4, and Dkhoun National Trading Co. on May 20.

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 116, in addition toAlwaha REIT Fund.

Company Overview

Foundedas a limitedliabilitycompany in2012 inthe Eastern Region, the company specializes in real estate marketing and sales management, through direct sales, real estate auctions, and sales centers. This is in addition to property management through sustainable management solutions, including maintenance, operations, and periodic reporting on leasing status and occupancy rates.

Company Info

Company

Adeer Real Estate

Market

Nomu-Parallel Market

Core Activities

Purchase and sale of land plots and properties

Pre-IPO Capital

SAR 50 mln

Number of Shares

5 mln

Share Par Value

SAR 10

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Sumou International Investment Company

3.75

75%

3.0

60%

Abdulrahman Ayed Farhan Al-Qahtani

0.31

6.25%

0.25

5%

Muteb Hamad Ghdhaif Al-Qahtani

0.31

6.25%

0.25

5%

Salman Ayed Farhan Al-Qahtani

0.31

6.25%

0.25

5%

Abdullah Ayed Farhan Al-Qahtani

0.31

6.25%

0.25

5%

Public

1

20%

Total

5.00

100%

5.00

100%

 

Logo ofAdeerReal Estate Co.

AdeerReal Estate Co.shares starttrading on the Nomu-Parallel Market today, May 26, under the symbol 9634 and ISIN Code SA16A1AKMH11, at SAR 85 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

Adeerfloatedone million shares on Nomu. The offering was nearly 679.7%covered,with 927 qualified investors subscribing.

The offered shares represented 20% of the company’s capital, amounting to SAR 50 million (divided into five million shares with a par value of SAR 10each).

This is the 12th listing on Nomu in 2025, following Shmoh Almadi Co.debut on Jan. 13, ITMAM Consulting Co. on Jan. 23, Alshehili Co. for Metal Industries and Twareat Medical Care Co. on Jan. 29, Basma Adeem Medical Co. (Smile Care) on Feb. 3, Lamasat Co. on Feb. 9, Hedab Alkhaleej on March 5, RATIO on March 9, Future Vision for Health Training Co. on April 27, Service Equipment Co. on May 4, and Dkhoun National Trading Co. on May 20.

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 116, in addition toAlwaha REIT Fund.

Company Overview

Foundedas a limitedliabilitycompany in2012 inthe Eastern Region, the company specializes in real estate marketing and sales management, through direct sales, real estate auctions, and sales centers. This is in addition to property management through sustainable management solutions, including maintenance, operations, and periodic reporting on leasing status and occupancy rates.

Company Info

Company

Adeer Real Estate

Market

Nomu-Parallel Market

Core Activities

Purchase and sale of land plots and properties

Pre-IPO Capital

SAR 50 mln

Number of Shares

5 mln

Share Par Value

SAR 10

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Sumou International Investment Company

3.75

75%

3.0

60%

Abdulrahman Ayed Farhan Al-Qahtani

0.31

6.25%

0.25

5%

Muteb Hamad Ghdhaif Al-Qahtani

0.31

6.25%

0.25

5%

Salman Ayed Farhan Al-Qahtani

0.31

6.25%

0.25

5%

Abdullah Ayed Farhan Al-Qahtani

0.31

6.25%

0.25

5%

Public

1

20%

Total

5.00

100%

5.00

100%

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