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KASB Capital Group was named “IPO Manager of the Year 2018” on Saudi Parallel Market (NOMU), in recognition of its successful management of the IPO of the National Building & Marketing Co.

KASB Capital Group was granted the honor by the panel of Argaam Recognition Award (ARA) based on its factual performance during the period of assessment.

The winning IPO was fully subscribed (100%) -- the highest percentage realized in the Saudi Parallel Market (NOMU) in 2018.

Argaam Recognition Award is a formal recognition of professional performance, aimed to incentivize financial firms, fund managers and IPO managers to pursue the highest performance indicators (KPIs) and industry best practices.

ipo-manager-of-the-year-2018-nomu