Retail subscription opens 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 began subscribing today, Aug. 14, to 18 million shares of Dar Al Majed Real Estate Co. (Al Majdiah) at SAR 14 each, as set through the book-building process.

 

The subscription period will run for three days.

 

Al Majdiah decided to offer 90 million shares, representing 30% of its capital, with a nominal value of SAR 1, according to Argaam data.

 

The receiving entities are Yaqeen Capital, Albilad Capital, Derayah Financial, Alinma Capital, SNB Capital, Riyad Capital, ANB Capital, AlJazira Capital, Alkhabeer Capital, Alistithmar Capital, Al Rajhi Capital, SAB Invest, Musharaka Capital, GIB Capital, Sahm Capital, EFG Hermes Saudi Arabia, Awaed Alosool Capital, and BSF Capital.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.