AI Summary
Logo of Hamad Mohammed Bin Saedan Real Estate Co.
Hamad Mohammed Bin Saedan Real Estate Co. issued today, Aug. 11, the prospectus to float 4.2 million shares on the Nomu-Parallel Market.
The offered shares represent 17.64% of its pre-IPO capital of SAR 240 million, divided into 24 million shares at SAR 10 par value.
Meanwhile, they represent 15% of post-IPO capital, which is estimated at SAR 282.35 million.
The IPO will be limited to qualified investors, as per the Capital Market Authority's (CMA) instructions. The share offering will run for seven working days, from Aug. 29 to Sept. 4.
In March, the CMA approved the company's application to list its shares on Nomu.
Hamad Bin Saedan was established as a joint-stock company in 2019. Its current activity is real estate investment and services, besides investing in the technology sector.
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Company Profile |
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Company |
Hamad Mohammed Bin Saedan Real Estate Co. |
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Market |
Nomu-Parallel Market |
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Core Activities |
Real estate investment & services, technology investment |
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Pre-IPO Capital |
SAR 240 mln |
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Number of Shares |
24 mln |
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Post-IPO Capital |
SAR 282.35 mln |
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Number of shares after IPO |
28.24 mln |
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Nominal Value |
SAR 10 |
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IPO Summary |
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Issue Percentage |
15% of post-IPO capital (17.6% pre-IPO capital) |
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Offered Shares |
4.2 mln |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
1.4 mln shares |
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Offer Period |
Aug. 29 to Sept. 4, 2025 |
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Final Allocation |
Sept. 8, 2025 |
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Surplus Refund (if any) |
Sept. 10, 2025 |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (mln) |
Ownership (%) |
Number of Shares (mln) |
Ownership (%) |
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Hamad Mohammed Bin Saedan |
8.58 |
35.77% |
8.58 |
30.40% |
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Abdulaziz Hamad Bin Saedan Investment Co. |
3.50 |
14.57% |
3.50 |
12.38% |
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Hamad Bin Mohammed Bin Saedan & Co. |
1.67 |
6.94% |
1.67 |
5.90% |
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Saad Hamad bin Saedan |
0.40 |
1.68% |
0.40 |
1.43% |
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Abdullah Hamad bin Saedan |
0.15 |
0.61% |
0.15 |
0.52% |
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Sara Abdulaziz Abdullah Bin Khamis |
0.13 |
0.53% |
0.13 |
0.45% |
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Salman Hamad bin Saedan |
0.12 |
0.50% |
0.12 |
0.43% |
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Hisham Hamad bin Saedan |
0.10 |
0.41% |
0.10 |
0.35% |
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Tarfah Hamad bin Saedan |
0.10 |
0.41% |
0.10 |
0.35% |
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Nawal Fahd Alkhurainiq |
0.08 |
0.33% |
0.08 |
0.28% |
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Loloa Abdullah Mohammed Al-Salouli |
0.04 |
0.18% |
0.04 |
0.15% |
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Omar Hamad bin Saedan |
0.02 |
0.08% |
0.02 |
0.07% |
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Mashael Abdulaziz Ibrahim Al-Mughaseeb |
0.02 |
0.07% |
0.02 |
0.06% |
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Majid Hamad bin Saedan |
0.02 |
0.07% |
0.02 |
0.06% |
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Majda Otaibi Muidh Al-Kanani |
0.02 |
0.07% |
0.02 |
0.06% |
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Shahd Khaled Abdulmohsen Al-Hokair |
0.01 |
0.04% |
0.01 |
0.03% |
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Rose Abdulaziz Hamad Bin Saedan |
0.01 |
0.04% |
0.01 |
0.03% |
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Saud Abdulaziz Hamad Bin Saedan |
0.01 |
0.04% |
0.01 |
0.03% |
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Loaloa Abdulaziz Hamad Bin Saedan |
0.01 |
0.04% |
0.01 |
0.03% |
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Sara Ibrahim Fahad Jadid |
0.01 |
0.04% |
0.01 |
0.03% |
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Other shareholders (188) |
9.03 |
37.61% |
9.03 |
31.97% |
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Qualified investors |
-- |
-- |
4.24 |
15% |
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Total |
24 |
100% |
28.24 |
100% |
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Additional Information |
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Financial Advisor |
Neo Merchants Capital |
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Lead Manager |
Alinma Capital |
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Receiving Agents |
Alinma Capital, AlJazira Capital, Albilad Capital, Alkhabeer Capital, ANB Capital, Al Rajhi Capital, BSF Capital, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital |
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