Logo ofHawyia Auctions Co.
Qualified investors started today, May 26, subscribing to 2.4 million shares ofHawyia Auctions Co.on the Nomu-Parallel Market at SAR 13 per share. 
The offered shares represent 12% of the company’s SAR 20 million capital, divided into 20 million shares, at a par value of SAR 1 per share.
The share sale will run for four working days until May 29, 2025.
The offerings of Hawyia Auctions will bring this year’s initial public offerings (IPOs) to 16 on Nomu.
Nomu witnessed 28 IPOs last year.
In March 2025, the Capital Market Authority (CMA) approved the company’s application to list and float its shares on Nomu.
The subscription is limited to certain categories of investors, including capital market institutions authorized to act on their own accounts, as well as clients of capital market institutions authorized to carry out management operations.
Thisisprovided that they are appointed under terms that enable them to take decisions related to accepting participation in the share offering and investment in Nomu on behalf of clients without prior consent.
The categories include the Saudi government, any government or international entity approved by the CMA, the Saudi market, any other financial market recognized by the CMA, or the Securities Depository Center (Edaa).
They also include companies owned by the government, directly or through a portfolio managed by a person authorized to practice management operations. This is in addition to investment funds, companies, and funds established in the GCC countries.
Investors qualified to participate in the subscription include non-resident foreigners who are allowed to invest in Nomu and who meet the requirements stipulated in theguidelinesfor investment of non-resident foreigners in Nomu.
They also include qualified foreign financial institutions and any legal person entitled to open investment accounts inside the Kingdom and with Edaa.
Natural persons are allowed to open investment accounts inside the Kingdom and with Edaa, provided they fulfill certain criteria,including the below:
They should have executed transactions in the securities markets worth a minimum of SAR 40 million, and at least 10 deals in each quarter during the past 12 months.
Natural persons should also have a net asset value of at least SAR 5 million and be working or have worked for at least three years in the financial sector.
They should hold a general certificate in securities dealing, approved by the CMA, and a professional certificate in the field of securities business, approved by an internationally recognized body.
Key background
Hawyia Auctions was established as a limited liability company in 2019 in Riyadh. It was converted into a closed joint stock company in 2024.
The company’s current activity is to provide auction organization and management services, estate settlement, and exclusive real estate marketing.
Company Profile
Company
Hawyia Auctions Co.
Core Activities
Real estate marketing and auctions management
Market
Nomu
Capital
SAR 20 mln
Number of Shares
20 mln
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
12%
Offered Shares
2.4 mln
Offer Price
SAR 13
IPO Minimum Limit
10 shares
IPO Maximum Limit
9.99 mln shares
Offer Period
May 26-29, 2025
Final Allocation
June 2, 2025
Surplus Refund (if any)
June 4, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Alsoliman Real Estate Co.
10.80
54.0%
9.50
47.5%
Mohammed Abdullah Al-Olayan*
4.88
24.4%
4.29
21.5%
Abdullah Imad Hamad Al-Askar**
3.92
19.6%
3.45
17.3%
Mohammed Ibrahim Hamad Al-Tuwaijri***
0.40
2.0%
0.35
1.8%
Qualified investors
—
—
2.40
12.0%
Total
20.0
100%
20.0
100%
*Chairman Mohammed Al-Olayan holds indirect ownership in the issuer given his 0.22% direct ownership in Alsoliman Real Estate Co. (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 0.12% of the pre-IPO issued capital and 0.11% of the post-IPO issued capital.
**Vice Chairman Abdullah Al-Askar holds indirect ownership given his 4.18% direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 2.25% of the pre-IPO issued capital and 1.98% of the post-IPO issued capital.
***Shareholder Mohammed Al-Tuwaijri holds indirect ownership in the issuer resulting from his direct direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 0.06% of the pre-IPO issued capital and 0.05% of the pre-IPO issued capital.
Additional Information
Financial Advisor
Estidamah Capital
Lead Manager
Derayah Financial
ReceivingEntities
Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital,BSFCapital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital
Logo ofHawyia Auctions Co.
Qualified investors started today, May 26, subscribing to 2.4 million shares ofHawyia Auctions Co.on the Nomu-Parallel Market at SAR 13 per share.
The offered shares represent 12% of the company’s SAR 20 million capital, divided into 20 million shares, at a par value of SAR 1 per share.
The share sale will run for four working days until May 29, 2025.
The offerings of Hawyia Auctions will bring this year’s initial public offerings (IPOs) to 16 on Nomu.
Nomu witnessed 28 IPOs last year.
In March 2025, the Capital Market Authority (CMA) approved the company’s application to list and float its shares on Nomu.
The subscription is limited to certain categories of investors, including capital market institutions authorized to act on their own accounts, as well as clients of capital market institutions authorized to carry out management operations.
Thisisprovided that they are appointed under terms that enable them to take decisions related to accepting participation in the share offering and investment in Nomu on behalf of clients without prior consent.
The categories include the Saudi government, any government or international entity approved by the CMA, the Saudi market, any other financial market recognized by the CMA, or the Securities Depository Center (Edaa).
They also include companies owned by the government, directly or through a portfolio managed by a person authorized to practice management operations. This is in addition to investment funds, companies, and funds established in the GCC countries.
Investors qualified to participate in the subscription include non-resident foreigners who are allowed to invest in Nomu and who meet the requirements stipulated in theguidelinesfor investment of non-resident foreigners in Nomu.
They also include qualified foreign financial institutions and any legal person entitled to open investment accounts inside the Kingdom and with Edaa.
Natural persons are allowed to open investment accounts inside the Kingdom and with Edaa, provided they fulfill certain criteria,including the below:
They should have executed transactions in the securities markets worth a minimum of SAR 40 million, and at least 10 deals in each quarter during the past 12 months.
Natural persons should also have a net asset value of at least SAR 5 million and be working or have worked for at least three years in the financial sector.
They should hold a general certificate in securities dealing, approved by the CMA, and a professional certificate in the field of securities business, approved by an internationally recognized body.
Key background
Hawyia Auctions was established as a limited liability company in 2019 in Riyadh. It was converted into a closed joint stock company in 2024.
The company’s current activity is to provide auction organization and management services, estate settlement, and exclusive real estate marketing.
Company Profile
Company
Hawyia Auctions Co.
Core Activities
Real estate marketing and auctions management
Market
Nomu
Capital
SAR 20 mln
Number of Shares
20 mln
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
12%
Offered Shares
2.4 mln
Offer Price
SAR 13
IPO Minimum Limit
10 shares
IPO Maximum Limit
9.99 mln shares
Offer Period
May 26-29, 2025
Final Allocation
June 2, 2025
Surplus Refund (if any)
June 4, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Alsoliman Real Estate Co.
10.80
54.0%
9.50
47.5%
Mohammed Abdullah Al-Olayan*
4.88
24.4%
4.29
21.5%
Abdullah Imad Hamad Al-Askar**
3.92
19.6%
3.45
17.3%
Mohammed Ibrahim Hamad Al-Tuwaijri***
0.40
2.0%
0.35
1.8%
Qualified investors
—
—
2.40
12.0%
Total
20.0
100%
20.0
100%
*Chairman Mohammed Al-Olayan holds indirect ownership in the issuer given his 0.22% direct ownership in Alsoliman Real Estate Co. (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 0.12% of the pre-IPO issued capital and 0.11% of the post-IPO issued capital.
**Vice Chairman Abdullah Al-Askar holds indirect ownership given his 4.18% direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 2.25% of the pre-IPO issued capital and 1.98% of the post-IPO issued capital.
***Shareholder Mohammed Al-Tuwaijri holds indirect ownership in the issuer resulting from his direct direct ownership in Alsoliman Real Estate (a major shareholder in Hawyia Auctions by 54%). His indirect ownership represents 0.06% of the pre-IPO issued capital and 0.05% of the pre-IPO issued capital.
Additional Information
Financial Advisor
Estidamah Capital
Lead Manager
Derayah Financial
ReceivingEntities
Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital,BSFCapital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital
