RATIO begins trading on Nomu at SAR 10/shr

Logo of Ratio Speciality Company for Trading (RATIO)

Ratio Speciality Company for Trading (RATIO) began trading on the Nomu-Parallel Market today, March 9, under the symbol 9630 and ISIN Code SA169054MF19, at SAR 10 apiece.

The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

For More IPOs

RATIO earlier floated five million shares on Nomu. The offering was nearly 865% oversubscribed.

The offered shares represented 25% of the company’s post-IPO capital, amounting to SAR 20 million (divided into 20 million shares).

This is the eighth listing on Nomu in 2025, following Shmoh Almadi Co.'s debut on Jan. 13, ITMAM Consulting Co. on Jan. 23, Alshehili Co. for Metal Industries and Twareat Medical Care Co. on Jan. 29, Basma Adeem Medical Co. (Smile Care) on Feb. 3, Lamasat Co. on Feb. 9, and Hedab Alkhaleej Trading Co. on March 5.

Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.

This listing brought the number of Nomu-listed firms to 111, in addition to Alwaha REIT Fund.

Key background

Established in 2018 in Al Ahsa, RATIO is capitalized at SAR 20 million. It operates in cafes and restaurants, commercial franchises, supply chains, as well as machinery maintenance and supply segments.

The company has 88 branches across the Kingdom. The number of owned branches is 12, representing 14% of the branch network, while 86% are represented by branches under franchise contracts.