CMA gets 19 requests for TASI, 32 for Nomu listings by Q2-end
The Capital Market Authority (CMA) received 51 IPO applications for listing on TASI and Nomu-Parallel Market by the end of Q2 2025, compared to 37 by the end of Q1 2025, according to the market regulator’s report for the second quarter. 
This included 19 requests for TASI and 32 applications for listing on Nomu.
The market regulator approved nine applications during the second quarter of 2025, three of which in TASI and six others in Nomu.
IPO Applications Approved, Under Review
Period
TASI
Nomu*
Approved
Under Review
Approved
Under Review
Q1 2022
2
4
6
62
Q2
3
6
10
70
Q3
3
9
5
61
Q4
7
4
20
79
Q1 2023
2
5
6
61
Q2
2
4
18
45
Q3
—
5
4
41
Q4
4
12
8
43
Q1 2024
4
7
9
34
Q2
4
15
10
36
Q3
4
14
8
31
Q4
4
20
17
28
Q1 2025
5
16
9
21
Q2
3
19
6
32
*Includes applications for IPO on Nomu and requests for direct listing.
Meanwhile, the data showed that CMA rejected one registration application in Nomu during Q2 2025.
Rejected Applications
Period
For TASI Listing
For Nomu Listing
Registration at Nomu
Total
Q1 2023
—
—
—
—
Q2
—
1
—
1
Q3
—
—
—
—
Q4
—
2
4
6
Q1 2024
2
—
1
3
Q2
2
2
1
5
Q3
1
—
—
1
Q4
1
—
—
1
Q1 2025
—
—
1
1
Q2
—
—
1
1
CMA gets 19 requests for TASI, 32 for Nomu listings by Q2-end
The Capital Market Authority (CMA) received 51 IPO applications for listing on TASI and Nomu-Parallel Market by the end of Q2 2025, compared to 37 by the end of Q1 2025, according to the market regulator’s report for the second quarter.
This included 19 requests for TASI and 32 applications for listing on Nomu.
The market regulator approved nine applications during the second quarter of 2025, three of which in TASI and six others in Nomu.
IPO Applications Approved, Under Review
Period
TASI
Nomu*
Approved
Under Review
Approved
Under Review
Q1 2022
2
4
6
62
Q2
3
6
10
70
Q3
3
9
5
61
Q4
7
4
20
79
Q1 2023
2
5
6
61
Q2
2
4
18
45
Q3
—
5
4
41
Q4
4
12
8
43
Q1 2024
4
7
9
34
Q2
4
15
10
36
Q3
4
14
8
31
Q4
4
20
17
28
Q1 2025
5
16
9
21
Q2
3
19
6
32
*Includes applications for IPO on Nomu and requests for direct listing.
Meanwhile, the data showed that CMA rejected one registration application in Nomu during Q2 2025.
Rejected Applications
Period
For TASI Listing
For Nomu Listing
Registration at Nomu
Total
Q1 2023
—
—
—
—
Q2
—
1
—
1
Q3
—
—
—
—
Q4
—
2
4
6
Q1 2024
2
—
1
3
Q2
2
2
1
5
Q3
1
—
—
1
Q4
1
—
—
1
Q1 2025
—
—
1
1
Q2
—
—
1
1
