NMCC launches initial public offer

03/02/2013 09:19 AST

National Medical Care Co. (NMCC) has signed an agreement with Riyad Capital on Saturday to manage its initial public offering (IPO) of 13.5 million shares, representing 30.1 percent of the company's share capital.

NMCC services range from hospital operations to provision of medical supplies.

The company will float into circulation 6,750,000 (50 percent) of these shares to retail investors on Monday. The IPO, at SR27 per share, will run until Feb.10. The company has already offered another 6,750,000 shares for institutions and it was oversubscribed by more than five times, according to a press statement.


Saudi Gazette

News

National Medical Care Company Announces About Opening of the Phase One

03/11/2013

National Medical Care Company announces about the preparation for prospective opening of the phase one of National Hospital expansion project during the next week as a start of soft opening of hospit

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

CARE Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
SULAIMANALHABIB 221.40 -5.50 (-2.43%)
MOUWASAT 60.25 -1.75 (-2.83%)
DALLAHHEALTH 73.60 -4.00 (-5.16%)
FAKEEHCARE 33.08 -0.72 (-2.14%)
CHEMICAL 6.76 -0.25 (-3.57%)

Recent News

94% of employees adopted digital rewards platform in first year: DAMAC

16/10/2026

DAMAC Properties said 94 per cent of its employees adopted its digital recognition and rewards platform within its first year, as the Dubai-based developer plans to expand the use of artificial intel

Gulfnews

Emaar's Alabbar on why he has a no-discount policy even when sales fall

16/10/2026

Mohamed Alabbar, founder of Emaar Properties, says he will not discount his products even when sales slow down, arguing that price cuts betray the customers who bought first.

Speaking at the

Gulfnews

Saudi Steel Pipe wins key Aramco supply contract

14/10/2026

Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR177 million ($46.4 million) contract to supply steel pipes for oil and gas to Saudi oil giant Aramco.

A major player in

Trade Arabia

Aramco Digital, OrbitronAI sign AI partnership to help industrial firms recover lost value

14/10/2026

Aramco Digital and OrbitronAI today announced a strategic commercial partnership to co-develop, deploy and commercialise AI solutions designed to help asset-intensive industries identify and recover

Trade Arabia

Burgan Bank concludes financial literacy workshops for Academy X students at AUK

14/10/2026

Reaffirming its role in promoting financial literacy among youth and its commitment to social responsibility and ESG principles, and in line with its 'Driven by You' philosophy, Burgan Bank announced

Trade Arabia