Logo ofWajd Life Trading Co.
Shares of Wajd Life Trading Co. listed and began trading on the Nomu-Parallel Market today, Sept.15, under the symbol 9647 and ISIN Code SA16CG2KMNH0, at SAR 5.7 apiece. 
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Wajd Life earlier floated 2.5 million ordinary shares on Nomu.
The offered shares represented 20% of the company’s after-IPO capital and 25% before-IPO capital.
The offering was nearly 179.34% subscribed.
This is the 21 listing on Nomu in 2025, comprising one direct listing and 20 offerings to qualified investors.
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 125, in addition toAlwaha REIT Fund.
Wajd Life was established in 2013 in Riyadh, as a sole proprietorship, later converted into a limited liability company, and transformed into a Saudi closed joint-stock company in 2024.
Its current activities are divided into five segments: Medical operations; operation, maintenance and facility management; medical equipment sales and after-sales services; specialized maintenance, and supply of medical devices’ spare parts, accessories, and thereof.
Company Profile
Company
Wajd Life Trading Co.
Market
Nomu-Parallel Market
Core Activities
Medical operations and supply of medical and non-medical equipment, spare parts, etc.
Pre-IPO Capital
SAR 10 mln
Number of Shares
10 mln
Post-IPO Capital
SAR 12.5 mln
Number of Shares
12.5 mln
Nominal Value
SAR 1 per share
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Mohammed Issa Yahya Namazi
6,500
65%
6,500
52%
Abdulrahman Thanyan Al-Obeikan
2,500
25%
2,500
20%
Abdulrahman Halil Al-Maliki
500
5%
500
4%
Mishal Mohammed bin Owain
500
5%
500
4%
Qualified investors
—
—
2500
20%
Total
10,000
100%
12,500
100%
Logo ofWajd Life Trading Co.
Shares of Wajd Life Trading Co. listed and began trading on the Nomu-Parallel Market today, Sept.15, under the symbol 9647 and ISIN Code SA16CG2KMNH0, at SAR 5.7 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Wajd Life earlier floated 2.5 million ordinary shares on Nomu.
The offered shares represented 20% of the company’s after-IPO capital and 25% before-IPO capital.
The offering was nearly 179.34% subscribed.
This is the 21 listing on Nomu in 2025, comprising one direct listing and 20 offerings to qualified investors.
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 125, in addition toAlwaha REIT Fund.
Wajd Life was established in 2013 in Riyadh, as a sole proprietorship, later converted into a limited liability company, and transformed into a Saudi closed joint-stock company in 2024.
Its current activities are divided into five segments: Medical operations; operation, maintenance and facility management; medical equipment sales and after-sales services; specialized maintenance, and supply of medical devices’ spare parts, accessories, and thereof.
Company Profile
Company
Wajd Life Trading Co.
Market
Nomu-Parallel Market
Core Activities
Medical operations and supply of medical and non-medical equipment, spare parts, etc.
Pre-IPO Capital
SAR 10 mln
Number of Shares
10 mln
Post-IPO Capital
SAR 12.5 mln
Number of Shares
12.5 mln
Nominal Value
SAR 1 per share
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Mohammed Issa Yahya Namazi
6,500
65%
6,500
52%
Abdulrahman Thanyan Al-Obeikan
2,500
25%
2,500
20%
Abdulrahman Halil Al-Maliki
500
5%
500
4%
Mishal Mohammed bin Owain
500
5%
500
4%
Qualified investors
—
—
2500
20%
Total
10,000
100%
12,500
100%
