Almasar Alshamil sets TASI IPO price range at SAR 18.5-19.5/shr

Logo of Almasar Alshamil Education Co.

Almasar Alshamil Education Co. set the price range of its initial public offering (IPO) on the Main Market (TASI) between SAR 18.5-19.5 per share.

In a company statement received by Argaam, the company also announced that the book-building period for participating entities will begin today, Nov. 2, 2025.

Almasar Alshamil’s shares will be listed on the Saudi Exchange’s main market (TASI) after completing the offering and listing procedures with both the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul).

The net proceeds from the offer will be paid directly to Amanat Special Education and Care Holdings Ltd., as the selling shareholder, while the company will not receive any portion of the net proceeds from the offering, the statement added.

According to data available on Argaam, Almasar Alshamil plans to offer 30.72 million of its shares on TASI, representing 30% of the company’s share capital of 1.02 billion, divided into 102.40 million shares with a nominal value of SAR 10 per share.

The offering period for retail investors will begin on Tuesday, Nov. 18, 2025, and will last for three days, including the final day for subscription, ending at 2:00 p.m. on Nov. 20, 2025. A total of 30% of the shares offered will be allocated to retail investors.