Logo ofDerayah Financial
Derayah Financial starts trading on the Main Market (TASI) today, March 10, under the symbol 4084 and ISIN Code SA1690F1VQ15, at a price of SAR 30 per share. 
The stock will trade in the first three days with a daily price fluctuation limit of +/-30% and +/-10% static price fluctuation limits,Tadawulsaid in a statement.
Derayah Financial is the third listing on the Main Market in 2025 after Almoosa Health Co. on Jan. 7 and Nice One on Jan. 8.
In 2024, 13 companies listed onTadawul, besidesAlistithmar AREIC Diversified REIT Fund.
With Derayah Financial, the number of companies listed on TASI reached 232,along with19 real estate traded funds.
Derayah Financial offered 49.95 million shares, or 20% of its capital, according toArgaamdata. The company allocated 90% of the shares on offer to institutional investors, while the remaining 10% was set aside for retail investors.
The retail IPO was 15.1x covered, with retail requests of nearly SAR 2.26 million.
Meanwhile, Institutional investors’ IPO was 162x oversubscribed. A minimum of eight shares were allocated to each investor, while the remaining shares will be allocated on a pro-rata basis, with an average allocation factor of 0. 4299%.
Key Background
Derayah Financial was established in April 2009 in Riyadh as a joint stock company. The company’s capital currently stands at SAR 499.5 million divided into 249.74 million shares with a nominal value of SAR 2/share.
The company’s main activity, as per its articles of association and commercial register, is represented in dealings in securities, investments management and fund operation, arrangement, advisory and securities custody.
Company Profile
Company
Derayah Financial Co.
Core Activities
Dealing in securities, investment management,.
Capital
SAR 499.47 mln
Number of Shares
249.74 mln
Share Par Value
SAR 2 per share
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln shares)
Ownership (%)
Number of Shares
(mln shares)
Ownership (%)
Taha Abdulaziz Al-Kuwaiz
60.54
24.2%
48.08
19.3%
Abdulzziz Ibrahim Al Jammaz Brothers Co.
23.82
9.5%
18.92
7.6%
Sanad Investment Co.
23.12
9.3%
18.36
7.4%
Al Touq Co. Ltd.
17.1
6.8%
13.6
5.4%
Hashem Othman
12.0
4.8%
9.5
3.8%
Abdulwahab S. Al-Sayed
12.0
4.8%
9.5
3.8%
Prince Fahd Saad Al Saud
11.5
4.6%
9.2
3.7%
Abdulaziz Al-Showaier
11.3
4.5%
8.9
3.6%
Mubarak Baarmah
8.9
3.6%
7.1
2.8%
Mohammed M. Al-Rashid
7.5
3.0%
5.9
2.4%
Muwaiya H. Al-Hanati
7.5
3.0%
5.9
2.4%
Abdulaziz Al-Mishaal
7.5
3.0%
5.9
2.4%
Mohammed Al-Shammasi
5.5
2.2%
4.4
1.7%
Derayat Alinma Trading Co.
4.4
1.8%
3.5
1.4%
Faisal Khalid Al-Hamdan
3.8
1.5%
3.0
1.2%
Kamal A. Bahamdan
2.6
1.1%
2.1
0.8%
Fawzia S. Al-Saeed
2.6
1.1%
2.1
0.8%
Dar Investment Company for Management and Development
2.3
0.9%
1.8
0.7%
Manar Talal Bakhsh
2.0
0.8%
1.6
0.6%
Faisal M. Al-Suhaili
1.6
0.7%
1.3
0.5%
Saad M. Al-Suhaili
1.6
0.7%
1.3
0.5%
Fahd M. Al-Suhaili
1.6
0.7%
1.3
0.5%
Ahmed M. bin Halim
1.5
0.6%
1.2
0.5%
Thamer S. Al-Shuaibi
1.2
0.5%
0.95
0.4%
Hind M. Al-Suhaili
0.82
0.3%
0.65
0.3%
Haifa M. Al-Suhaili
0.82
0.3%
0.65
0.3%
Talal M. Al-Nasiri
0.75
0.3%
0.60
0.2%
Mansour Kaaki
0.75
0.3%
0.60
0.2%
Fahd Ali Al-Suhaili
0.75
0.3%
0.60
0.2%
Ibrahim Al-Harabi
0.68
0.3%
0.54
0.2%
Abdulhadi Ali Shayif
0.65
0.3%
0.52
0.2%
Thamer R. Al-Dosari
0.33
0.1%
0.26
0.1%
Ahmed Al-Omar
0.23
0.1%
0.18
0.1%
Abdul Mohsen Al-Hekail
0.15
0.1%
0.12
—
Abdulaziz Al-Rashid Al-Ashban
0.13
0.1%
0.11
—
Public
—
—
49.95
20%
Total*
242.67
97.2%
242.68
97.2%
*Total other investors amount to 35 investors, including treasury shares of 7.06 post IPO.
Logo ofDerayah Financial
Derayah Financial starts trading on the Main Market (TASI) today, March 10, under the symbol 4084 and ISIN Code SA1690F1VQ15, at a price of SAR 30 per share.
The stock will trade in the first three days with a daily price fluctuation limit of +/-30% and +/-10% static price fluctuation limits,Tadawulsaid in a statement.
Derayah Financial is the third listing on the Main Market in 2025 after Almoosa Health Co. on Jan. 7 and Nice One on Jan. 8.
In 2024, 13 companies listed onTadawul, besidesAlistithmar AREIC Diversified REIT Fund.
With Derayah Financial, the number of companies listed on TASI reached 232,along with19 real estate traded funds.
Derayah Financial offered 49.95 million shares, or 20% of its capital, according toArgaamdata. The company allocated 90% of the shares on offer to institutional investors, while the remaining 10% was set aside for retail investors.
The retail IPO was 15.1x covered, with retail requests of nearly SAR 2.26 million.
Meanwhile, Institutional investors’ IPO was 162x oversubscribed. A minimum of eight shares were allocated to each investor, while the remaining shares will be allocated on a pro-rata basis, with an average allocation factor of 0. 4299%.
Key Background
Derayah Financial was established in April 2009 in Riyadh as a joint stock company. The company’s capital currently stands at SAR 499.5 million divided into 249.74 million shares with a nominal value of SAR 2/share.
The company’s main activity, as per its articles of association and commercial register, is represented in dealings in securities, investments management and fund operation, arrangement, advisory and securities custody.
Company Profile
Company
Derayah Financial Co.
Core Activities
Dealing in securities, investment management,.
Capital
SAR 499.47 mln
Number of Shares
249.74 mln
Share Par Value
SAR 2 per share
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln shares)
Ownership (%)
Number of Shares
(mln shares)
Ownership (%)
Taha Abdulaziz Al-Kuwaiz
60.54
24.2%
48.08
19.3%
Abdulzziz Ibrahim Al Jammaz Brothers Co.
23.82
9.5%
18.92
7.6%
Sanad Investment Co.
23.12
9.3%
18.36
7.4%
Al Touq Co. Ltd.
17.1
6.8%
13.6
5.4%
Hashem Othman
12.0
4.8%
9.5
3.8%
Abdulwahab S. Al-Sayed
12.0
4.8%
9.5
3.8%
Prince Fahd Saad Al Saud
11.5
4.6%
9.2
3.7%
Abdulaziz Al-Showaier
11.3
4.5%
8.9
3.6%
Mubarak Baarmah
8.9
3.6%
7.1
2.8%
Mohammed M. Al-Rashid
7.5
3.0%
5.9
2.4%
Muwaiya H. Al-Hanati
7.5
3.0%
5.9
2.4%
Abdulaziz Al-Mishaal
7.5
3.0%
5.9
2.4%
Mohammed Al-Shammasi
5.5
2.2%
4.4
1.7%
Derayat Alinma Trading Co.
4.4
1.8%
3.5
1.4%
Faisal Khalid Al-Hamdan
3.8
1.5%
3.0
1.2%
Kamal A. Bahamdan
2.6
1.1%
2.1
0.8%
Fawzia S. Al-Saeed
2.6
1.1%
2.1
0.8%
Dar Investment Company for Management and Development
2.3
0.9%
1.8
0.7%
Manar Talal Bakhsh
2.0
0.8%
1.6
0.6%
Faisal M. Al-Suhaili
1.6
0.7%
1.3
0.5%
Saad M. Al-Suhaili
1.6
0.7%
1.3
0.5%
Fahd M. Al-Suhaili
1.6
0.7%
1.3
0.5%
Ahmed M. bin Halim
1.5
0.6%
1.2
0.5%
Thamer S. Al-Shuaibi
1.2
0.5%
0.95
0.4%
Hind M. Al-Suhaili
0.82
0.3%
0.65
0.3%
Haifa M. Al-Suhaili
0.82
0.3%
0.65
0.3%
Talal M. Al-Nasiri
0.75
0.3%
0.60
0.2%
Mansour Kaaki
0.75
0.3%
0.60
0.2%
Fahd Ali Al-Suhaili
0.75
0.3%
0.60
0.2%
Ibrahim Al-Harabi
0.68
0.3%
0.54
0.2%
Abdulhadi Ali Shayif
0.65
0.3%
0.52
0.2%
Thamer R. Al-Dosari
0.33
0.1%
0.26
0.1%
Ahmed Al-Omar
0.23
0.1%
0.18
0.1%
Abdul Mohsen Al-Hekail
0.15
0.1%
0.12
—
Abdulaziz Al-Rashid Al-Ashban
0.13
0.1%
0.11
—
Public
—
—
49.95
20%
Total*
242.67
97.2%
242.68
97.2%
*Total other investors amount to 35 investors, including treasury shares of 7.06 post IPO.
