Dar Almarkabah debuts on Nomu today

29/08/2023 Argaam Special
Logo of Dar Almarkabah for Renting Cars Co.

Logo of Dar Almarkabah for Renting Cars Co.


Dar Almarkabah for Renting Cars Co. will start trading on the Nomu-Parallel Market today, Aug. 29, with the symbol 9577 and ISIN Code SA15S0K4LKH5, at SAR 40 a share.

 

The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively.

 

The company floated on Nomu 500,000 ordinary shares, or 20% of its issued capital after the offering, with a coverage ratio of 1,780%.

 

Dar Almarkabah’s listing is the 19th on Nomu this year, including three direct listings and 16 for qualified investors. This is in addition to a real estate investment traded fund (REIT).

 

With the listing of Dar Almarkabah, the number of listed companies reaches 64, including Alwaha REIT Fund.

 

Company Profile

Company

Dar Almarkabah for Renting Cars Co.

Market

Nomu-Parallel Market

Core Activities

Car rentals

Post-IPO Capital

SAR 25 mln

 

Company Shareholders

Shareholders

Pre-IPO

Post-IPO

Number of Shares

(‘000 shares)

Ownership (%)

Number of Shares

(‘000 shares)

Ownership (%)

Salah Bilal Mousa Alzahrani

1,100.00

55%

1,100.00

44%

Sharifa Muait Utaibi Alkanani Alzahrani

300.00

15%

300.00

12%

7 shareholders, each of whom owns less than 5% of capital

600.00

30%

600.00

24%

Qualified Investors

--

--

500.00

20%

Total

2,000.00

100%

2,500.00

100%

 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.