Key dates, subscription period for Al Majdiah IPO

14/08/2025 Argaam
Logo ofDar Al Majed Real Estate Co.(Al Majdiah)

Logo of Dar Al Majed Real Estate Co. (Al Majdiah)

Retail investors start today, Aug. 14, subscription to 18 million shares of Dar Al Majed Real Estate Co. (Al Majdiah), at SAR 14 per share.

 

For More IPOs

 

The subscription period will run for three days.

 

The company floated 90 million shares, or 30% of capital, with 20% allocated to retail subscribers and 80% to institutions.

 

Key Dates of Subscription

IPO Expected Timetable

Date

Retail Offering

Three working days from Aug. 14-18, 2025

Subscription Deadline

Aug. 18, 2025

Final Allotment

Aug. 20, 2025

Surplus Refund (if any)

Aug. 21, 2025

Expected Debut Date

After fulfilling all requirements and finalizing approvals of competent authorities

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