Merchants Capital, the financial advisor for offering shares of Hamad Mohammed Bin Saedan Real Estate Company (the “Issuer” or the “Company”), announces that the IPO share price is set at SAR 13.50.
Offering Details
| Issuer | Hamad Mohammed Bin Saedan Real Estate Company |
|---|---|
| Offer price | SAR 13.50 per share |
| Shares offered | 4,235,294 shares |
| Percentage of capital | 15.00% of post-offering capital |
| Post-offering capital | SAR 282,352,940 divided into 28,235,294 shares with a nominal value of SAR 10 per share |
| Offering period | Friday 06/03/1447H (29/08/2025G) to the end of 12/03/1447H (04/09/2025G) |
| Subscription limits | Minimum 10 shares; maximum 1,400,000 shares per subscriber |
| Final allocation | Monday 16/03/1447H (corresponding to 08/09/2025G) |
| Refund of excess amounts | By Wednesday 18/03/1447H (corresponding to 10/09/2025G) |
Qualified investors may submit subscriptions for the offered shares through the online platform of the designated lead manager, Alinma Investment, as well as the electronic subscription platforms of all authorized receiving entities.
Transaction Milestones
- 20 Mar 2025 CMA Approval of Registration and Offering View on CMA website
- 12 Aug 2025 Intention to Float View on Tadawul
- 21 Aug 2025 Offer Price
Source: announcement on Tadawul
About Merchants Capital
Merchants Capital, the trademark of Darb Altujjar Financial Company, a Saudi capital market institution authorized by the Capital Market Authority (CMA) under license no. 18197-30, provides strategic investment banking services across debt and equity capital markets, project finance, and mergers & acquisitions, enabling corporates and government-related entities to secure capital and achieve their strategic objectives.
All news, announcements or insights are for information purposes only and do not constitute an offer, invitation or recommendation to buy, sell or subscribe for any securities. Public-related disclosures are published on Tadawul.