List of receiving entities for Alramz IPO

Alramz Real Estate offered 30% of its capital

Retail investors began today, Dec. 7, subscribing to 2.57 million shares of Alramz Real Estate Co. (Alramz) at SAR 70 per share, as determined through the book-building process.

The offering period for individual investors will run from Dec. 7 to Dec. 9, with 20% of the total offered shares allocated for IPO.

The company decided to offer 30% of its capital, amounting to SAR 428.57 million, divided into 42.86 million shares with a par value of SAR 10 per share.

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