Logo ofWajd Life Trading Co.
Wajd Life Trading Co. issued today, Aug. 7, the prospectus to float 2.5 million shares on the Nomu-Parallel Market. 
The offered shares represent 25% of the company’s pre-IPO capital of SAR 10 million, divided into 10 million shares at a SAR 1 par value.
Meanwhile, they will make up 20% of Wajd Life’s SAR 12.5 million post-IPO capital.
The IPO will be limited to qualified investors, as per the Capital Market Authority’s (CMA) instructions.
The share offering will run for five days, from Aug. 31 to Sept. 4.
On March 20, the CMA approved the company’s application to list its shares on Nomu.
Wajd Life was established in 2013 in Riyadh, as a Saudi closed joint-stock company. 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
IPO Summary
Issue Percentage
20% of post-IPO capital (25% pre-IPO capital)
Offered Shares
2.5 mln shares
IPO Minimum Limit
100 shares
IPO Maximum Limit
624,900 shares
Offer Period
From Aug. 31 to Sept. 4, 2025
Final Allocation
Sept. 9, 2025
Surplus Refund (if any)
Sept. 11, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Mohammed Issa Yahya Namazi
6500
65%
6500
52%
Abdulrahman Thanyan Al-Obeikan
2500
25%
2500
20%
Abdulrahman Halil Al-Maliki
500
5%
500
4%
Mishal Mohammed bin Owain
500
5%
500
4%
Qualified investors
—
—
2500
20%
Total
10000
100%
12500
100%
Additional Information
Financial Advisor Lead Manager
Yaqeen Capital
Receiving Agents
Derayah Financial, Alinma Capital, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, ANB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG-Hermes, Musharaka Capital, Awaed Alosool Capital
Logo ofWajd Life Trading Co.
Wajd Life Trading Co. issued today, Aug. 7, the prospectus to float 2.5 million shares on the Nomu-Parallel Market.
The offered shares represent 25% of the company’s pre-IPO capital of SAR 10 million, divided into 10 million shares at a SAR 1 par value.
Meanwhile, they will make up 20% of Wajd Life’s SAR 12.5 million post-IPO capital.
The IPO will be limited to qualified investors, as per the Capital Market Authority’s (CMA) instructions.
The share offering will run for five days, from Aug. 31 to Sept. 4.
On March 20, the CMA approved the company’s application to list its shares on Nomu.
Wajd Life was established in 2013 in Riyadh, as a Saudi closed joint-stock company. 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
IPO Summary
Issue Percentage
20% of post-IPO capital (25% pre-IPO capital)
Offered Shares
2.5 mln shares
IPO Minimum Limit
100 shares
IPO Maximum Limit
624,900 shares
Offer Period
From Aug. 31 to Sept. 4, 2025
Final Allocation
Sept. 9, 2025
Surplus Refund (if any)
Sept. 11, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(‘000)
Ownership (%)
Number of Shares
(‘000)
Ownership (%)
Mohammed Issa Yahya Namazi
6500
65%
6500
52%
Abdulrahman Thanyan Al-Obeikan
2500
25%
2500
20%
Abdulrahman Halil Al-Maliki
500
5%
500
4%
Mishal Mohammed bin Owain
500
5%
500
4%
Qualified investors
—
—
2500
20%
Total
10000
100%
12500
100%
Additional Information
Financial Advisor Lead Manager
Yaqeen Capital
Receiving Agents
Derayah Financial, Alinma Capital, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, ANB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG-Hermes, Musharaka Capital, Awaed Alosool Capital
