‎Jamjoom Fashion debuts on Nomu at SAR 145/shr today

‎Jamjoom Fashion debuts on Nomu at SAR 145/shr today ‎Jamjoom Fashion debuts on Nomu at SAR 145/shr today

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Logo ofJamjoom Fashion Co.

Shares of Jamjoom Fashion Co. began trading on the Nomu-Parallel Market today, Sept. 18, under the symbol 9649 and ISIN Code SA16CI8KMOH3, with a price of SAR 145 apiece.

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The stock is subject to daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

For More IPOs

The company floated 2.38 million shares on Nomu, representing 30% of its SAR 79.48 million capital, divided into 7.94 million ordinary shares at a par value of SAR 10 each.

The offering was 4.5x oversubscribed.

This is the 23rdlisting on Nomu in2025, comprising one direct listing and 22 offerings to qualified investors.

Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.

This listing brings the total number of Nomu firms to 127, in addition toAlwaha REIT Fund.

Jamjoom Fashion was established in 2023 as a Saudi joint stock company under the name Jamjoom Fashion Trading. Its current activities focus on creating and managing leading fashion brands, and it owns two brands: Nayomi and Mhayar.

Company Profile

Company

Jamjoom Fashion Co.

Market

Nomu-Parallel Market

Core Activities

Creating and managing leading fashion brands (Nayomi and Mhayar)

Post-IPO Capital

SAR 79.48 mln

Number of shares

7.94 mln fully paid shares

Nominal Value

SAR 10

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Kamal Osman Jamjoom Trading Co.

7.94

100%

5.56

70%

Qualifiedinvestors

2.38

30%

Total

7.94

100%

7.94

100%

*Kamal Osman Saleh Jamjoom owns 99% of the share capital of Kamal Osman Jamjoom Trading Co.

**Jamil Kamal Osman Jamjoom owns 1% of the share capital of Kamal Osman Jamjoom Trading Co.

 

Logo ofJamjoom Fashion Co.

Shares of Jamjoom Fashion Co. began trading on the Nomu-Parallel Market today, Sept. 18, under the symbol 9649 and ISIN Code SA16CI8KMOH3, with a price of SAR 145 apiece.

The stock is subject to daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

For More IPOs

The company floated 2.38 million shares on Nomu, representing 30% of its SAR 79.48 million capital, divided into 7.94 million ordinary shares at a par value of SAR 10 each.

The offering was 4.5x oversubscribed.

This is the 23rdlisting on Nomu in2025, comprising one direct listing and 22 offerings to qualified investors.

Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.

This listing brings the total number of Nomu firms to 127, in addition toAlwaha REIT Fund.

Jamjoom Fashion was established in 2023 as a Saudi joint stock company under the name Jamjoom Fashion Trading. Its current activities focus on creating and managing leading fashion brands, and it owns two brands: Nayomi and Mhayar.

Company Profile

Company

Jamjoom Fashion Co.

Market

Nomu-Parallel Market

Core Activities

Creating and managing leading fashion brands (Nayomi and Mhayar)

Post-IPO Capital

SAR 79.48 mln

Number of shares

7.94 mln fully paid shares

Nominal Value

SAR 10

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Kamal Osman Jamjoom Trading Co.

7.94

100%

5.56

70%

Qualifiedinvestors

2.38

30%

Total

7.94

100%

7.94

100%

*Kamal Osman Saleh Jamjoom owns 99% of the share capital of Kamal Osman Jamjoom Trading Co.

**Jamil Kamal Osman Jamjoom owns 1% of the share capital of Kamal Osman Jamjoom Trading Co.

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