Raoom debuts on Nomu today

21/02/2022 Argaam Special
Logo ofRaoom Trading Co.

Logo of Raoom Trading Co. 


Shares of Raoom Trading Co. debut on Nomu Parallel Market today, Feb. 21, with the symbol 9529 and ISIN Code SA15GH84KSH5.

 

The stock will have +/-30% daily price fluctuation limits and +/-10% static price fluctuation limits.

 

The Capital Market Authority (CMA) approved, on Dec. 22, the application received from the company to offer 20% of its shares on Nomu.

 

The company offered one million shares, or 20% of capital, at SAR 80 each. The offering was 740.8% oversubscribed.

 

Company Info:

 

Established in 1992, the company has a current capital of SAR 50 million and is headquartered in Buraydah.

 

The company trades in glass, mirrors, and aluminum decorations.  It also operates in manufacturing industries; building and construction; transportation, storage and cooling; financial services; social and personal services; trade and information technology; security and safety; agriculture and fishing; mines and oil; and electricity, gas and water activities.

 

Company Profile

Company

Raoom Trading Co.

Market

Nomu Parallel Market

Core Activities

Trading and installation of glass, mirrors and aluminum decorations

Capital

SAR 50 mln

 

The company is owned by Abdulaziz Abdullah Alhumaid and his children, as shown in the following table: 

 

Company’s Shareholders

Shareholders

Before IPO

After IPO

Number of shares

(‘000 shares)

Ownership (%)

Number of shares

(‘000 shares)

Ownership (%)

Abdulaziz Abdullah Alhumaid

3400

68.0%

2720

54.4%

Raoom Abdulaziz Alhumaid

200

4.0%

160

3.2%

Rima Abdulaziz Alhumaid

200

4.0%

160

3.2%

Raghad Abdulaziz Alhumaid

200

4.0%

160

3.2%

Shahd Abdulaziz Alhumaid

200

4.0%

160

3.2%

Noura Abdulaziz Alhumaid

200

4.0%

160

3.2%

Ghala Abdulaziz Alhumaid

175

3.5%

140

2.8%

Hala Abdulaziz Alhumaid

175

3.5%

140

2.8%

Mohamed Abdulaziz Alhumaid

100

2.0%

80

1.6%

Janna Abdulaziz Alhumaid

50

1.0%

40

0.8%

Dina Abdulaziz Alhumaid

50

1.0%

40

0.8%

Lina Abdulaziz Alhumaid

50

1.0%

40

0.8%

QFIs (Public)

--

--

1000

20.0%

Total

5000

100%

5000

100%

 

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