Trolley General Trading Company K.S.C.C. commenced trading on Boursa Kuwait's Premier Market on March 25, 2026. Selling shareholders raised approximately KWD 59.5 million from a private placement of 96.25 million existing shares representing 35 percent of issued capital. The offering was oversubscribed 15.2 times amid strong demand from local and international investors.

Trolley was established in 2010 and has grown into Kuwait's leading convenience-led grocery retailer. The company operates a network of 204 stores across Kuwait and the Kingdom of Saudi Arabia under the Trolley and Baqala brands. Its stores are located in high-traffic areas including fuel stations, university campuses, and premium residential complexes.

Trolley commands 14 percent market share within Kuwait's small-format grocery segment. It holds approximately 3 percent of the overall FMCG market in Kuwait. The company reported total income growth of 18 percent year-on-year in 2024, reaching KWD 79.5 million. This performance reflects its operational efficiency and customer demand.

"Today marks an important milestone in our journey. Our decision to list on Boursa Kuwait through a private placement reflects our belief in this market, in our investors, and in the business we have built. Since our establishment in 2010, Trolley has grown from a small-scale operation into Kuwait's leading convenience-led grocery retailer."

— Faisal Yaqoub Boodai, Chairman of Trolley

National Investments Company acted as exclusive listing and investment advisor, joint global coordinator, joint bookrunner, and sole subscription agent. The firm executed the entire subscription process through its dedicated digital platform. Total demand for the offering exceeded KWD 777 million.

The listing provides Trolley with access to capital markets to support future expansion. It enhances the company's governance standards in line with Premier Market requirements. Management plans additional stores in Saudi Arabia and new product lines including fresh salads and premium bakery items.

Boursa Kuwait described the listing as evidence of the capital market ecosystem's resilience. The transaction broadens the base of listed companies on the Premier Market. It contributes to the development of Kuwait's economy in alignment with international best practices.