Logo ofAlramz Real Estate Co.
Alramz Real Estate Co. issued today, Nov. 12, the prospectus to list 12.86 million shares, or 30% of capital, on the Main Market (TASI). 
The offer price includes the issuance of 12.86 million new shares, representing 30% of the company’s post-increase capital.
The company’s current capital amounts to SAR 300 million, divided into 30 million shares at a par value of SAR 10 each. Post-IPO capital will amount to SAR 428.57 million, divided into 42.86 million shares.
The Capital Market Authority (CMA) approved, on June 30, the company’s application to float its shares.
The offer period will run from Dec. 7-9, 2025.
The subscription is limited to two categories of investors:
Tranche (A): Participating parties: This comprises the categories that are entitled to participate in the book building process.
Tranche (B): Individual subscribers: This tranche comprises Saudi nationals, including and any non-Saudi natural person who is a resident in the Kingdom and any GCC national, who holds a bank account with one of the receiving entities, and are allowed to open an investment account. A total of 2.57 million shares will be allocated to them, representing 20% of total offered shares.
Alramz Real Estate was established in September 2016 in Riyadh. The company’s currently activity is the purchase of land, as well as development of residential and commercial projects owned by the company or third parties.
According to data available with Argaam, Alramz decided in 2022 to cancel on its planned Nomu listing, after the subscription to 3.3 million shares had been scheduled and priced between SAR 61-67 per share.
Logo ofAlramz Real Estate Co.
Alramz Real Estate Co. issued today, Nov. 12, the prospectus to list 12.86 million shares, or 30% of capital, on the Main Market (TASI).
The offer price includes the issuance of 12.86 million new shares, representing 30% of the company’s post-increase capital.
The company’s current capital amounts to SAR 300 million, divided into 30 million shares at a par value of SAR 10 each. Post-IPO capital will amount to SAR 428.57 million, divided into 42.86 million shares.
The Capital Market Authority (CMA) approved, on June 30, the company’s application to float its shares.
The offer period will run from Dec. 7-9, 2025.
The subscription is limited to two categories of investors:
Tranche (A): Participating parties: This comprises the categories that are entitled to participate in the book building process.
Tranche (B): Individual subscribers: This tranche comprises Saudi nationals, including and any non-Saudi natural person who is a resident in the Kingdom and any GCC national, who holds a bank account with one of the receiving entities, and are allowed to open an investment account. A total of 2.57 million shares will be allocated to them, representing 20% of total offered shares.
Alramz Real Estate was established in September 2016 in Riyadh. The company’s currently activity is the purchase of land, as well as development of residential and commercial projects owned by the company or third parties.
According to data available with Argaam, Alramz decided in 2022 to cancel on its planned Nomu listing, after the subscription to 3.3 million shares had been scheduled and priced between SAR 61-67 per share.
