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Dkhoun debuts on Nomu at SAR 121/shr today
Dkhoun debuts on Nomu at SAR 121/shr today

Argaam

time20-05-2025

  • Business
  • Argaam

Dkhoun debuts on Nomu at SAR 121/shr today

Dkhoun National Trading Co. began trading on the Nomu -Parallel Market today, May 20, under the symbol 9635 and ISIN Code SA16A1SKMHH5, at SAR 121 apiece. The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively. Dkhoun earlier floated 400,000 shares on Nomu. The offering was nearly 119.2% subscribed, with 545 subscribers. The offered shares represented 20% of Dkhoun's SAR 20 million capital, divided into two million shares at SAR 10 par value. This is the 11th listing on Nomu in 2025, following Shmoh Almadi Co. 's debut on Jan. 13, ITMAM Consulting Co. (Jan. 23), Alshehili Co. for Metal Industries and Twareat Medical Care Co. (Jan. 29), Basma Adeem Medical Co. (Smile Care) (Feb. 3), Lamasat Co. (Feb. 9), Hedab Alkhaleej Trading Co. (March 5), Ratio Speciality Company for Trading (RATIO) (March 9), Future Vision for Health Training Co. (April 27), and Service Equipment Co. (May 4). 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 115, in addition to Alwaha REIT Fund. Established in 2010, the company's current activity is the retail sale of perfumes, oud and incense. Nafais Dkhoun Perfumes Co., a subsidiary, manufactures only Dkhoun's products. It owns a fully-equipped plant in Riyadh that produces, mixes, fills, as well as packages perfumes and incense. Company Profile Company Dkhoun National Trading Co. Market Nomu-Parallel Market Core Activities Sale of perfumes, oud and incense Pre- & Post-IPO Capital​ SAR 20 mln Number of Shares 2 mln Par Value​ SAR 10 per share

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