Lamasat begins trading on Nomu today at SAR 5.75/shr

Logo of Lamasat Co.

Lamasat Co. will start trading on the Nomu-Parallel Market today, Feb. 9, under the symbol 9628 and ISIN Code SA76902KME11, at SAR 5.75 apiece.

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

For More IPOs

Lamasat offered six million shares, representing 7.41% of the company’s post-IPO capital of SAR 81 million (divided into 81 million shares) at SAR 1 per share.

The coverage rate reached 1,101.3% of the total shares offered.

This is the sixth listing on Nomu in 2025, after Shmoh Almadi Co. debuting on Jan. 13, ITMAM Consulting Co.  on Jan. 23 and  Twareat Medical Center, Alshehili Co. for Metal Industries on Jan. 29., and Basma Adeem Medical Co. (Smile Care) on Feb. 3.

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 110, in addition to Alwaha REIT Fund.

Company profile:

Lamasat was established as a limited liability company in Madinah in 2006. The company's current actual activity is to provide women's beauty services, sell cosmetics goods and products online, as well as offer personal care, photography, and montage services.