Future Vision debuts on Nomu at SAR 7/shr today

27/04/2025 Argaam Special
Logo ofFuture Vision for Health Training Co.

Logo of  Future Vision for Health Training Co. 


Future Vision for Health Training Co.  began trading on the Nomu-Parallel Market today, April 27, under the symbol 9632 and ISIN Code SA16A03KMG13, at SAR 7 apiece.

 

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

 

For More IPOs

 

Future Vision earlier floated two million shares on Nomu. The offering was nearly 513.3% subscribed.

 

The offered shares represented 20% of the company’s post-IPO capital, amounting to SAR 10 million (divided into 10 million shares with a par value of SAR 1).

 

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, Hedab Alkhaleej on March 5, and RATIO on March 9.  

 

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 113, in addition to Alwaha REIT Fund.

 

Company Profile:

 

Future Vision was established in 2019 as a limited liability company in Madinah before transforming into a joint-stock company.

 

The company's activities focus on professional development, training, and education, offering certified training courses accredited by the Saudi Commission for Health Specialties and life support courses approved by the American Heart Association and the Saudi Heart Association. These courses are provided through the company's branches in Riyadh, Jeddah, and Madinah, as well as via live-stream through its website.

 

Company Profile 

Company 

Future Vision for Health Training Co.

Market 

Nomu-Parallel Market

Core Activities 

Vocational development, training and education

Pre-IPO Capital

SAR 8 mln

Number of Shares

8 mln

Post-IPO Capital

SAR 10

Number of Shares

10 mln

Nominal Value

SAR 1

 

Shareholders

Shareholders

Pre-IPO

Post-IPO

No. of Shares

(‘000)

Ownership

No. of Shares

(‘000)

Ownership

Wael A. Al-Awfi

4196.86

52.46 %

4196.86

41.97 %

Naif A. Al-Harbi

800.00

10.00 %

800.00

8.00 %

Sahmeen Investment Co.

400.00

5.00%

400.00

4.00 %

60 shareholders owning less than 5%

2603.14

32.54%

2603.14

26.03%

Qualified Investors

--

--

2000.00

20.00 %

Total

8000.00

100 %

10000.00

100 %

 *The company holds 115,000 treasury shares, representing 1.44% of pre-IPO and 1.15% of post-IPO capital

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