Logo ofMSGA Investment Co.
MSGA Investment Co. issued today, May 21, the prospectus to float 11.11 million shares on the Nomu-Parallel Market. 
The offered shares represent 10% of the company’s post-IPO capital and 11.11% of pre-IPO capital.
In March, the CMA approved the company’s application to list its shares on Nomu.
The IPO will be limited to qualified investors, as per the Capital Market Authority’s (CMA) instructions. The share offering will run for six days during the period from June 17-24, 2026.
The company will allocate the full net proceeds from the offering toward implementing its expansion plan aimed at strengthening its market presence and achieving sustainable growth.
MSGA Investment Company was established in 2020 in Riyadh. It is a real estate company operating in the field of property development and investment through the development and construction of residential and non-residential units.
The company focuses on developing housing projects targeting the affordable housing sector, in addition to providing real estate development, contracting, and brokerage services. It also owns a subsidiary called MSGA First Real Estate Development Company.
Company Profile
Company
MSGA Investment Co.
Market
Nomu – Parallel Market
Core Activities
Real estate development
Pre-IPO Capital
SAR 100 mln
Number of Shares
100 mln ordinary shares
Post-IPO Capital
SAR 111.11 mln
Number of shares after IPO
111.11 mln ordinary shares
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
11.11% of pre-IPO capital and 10% of post-IPO capital
Offered shares
11.11 mln
IPO Minimum Limit
100 shares
IPO Maximum Limit
5550000 shares
Offer period
For six working days from June 17-24, 2026.
Final Allocation
June 28, 2026
Refund (if any)
June 30, 2026
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Muhammed Ali Saud Al-Saqri
100.00
100%
100.00
90%
QFIs
—
—
11.11
10%
Total
100.00
100 %
111.11
100%
Additional Information
Financial Advisor and Lead Manager
Yaqeen Capital
Receiving Banks
Alinma Capital, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, Musharaka Capital, EFG-Hermes, Awaed Alosool Capital, Dinar Investment, Derayah Financial
Logo ofMSGA Investment Co.
MSGA Investment Co. issued today, May 21, the prospectus to float 11.11 million shares on the Nomu-Parallel Market.
The offered shares represent 10% of the company’s post-IPO capital and 11.11% of pre-IPO capital.
In March, the CMA approved the company’s application to list its shares on Nomu.
The IPO will be limited to qualified investors, as per the Capital Market Authority’s (CMA) instructions. The share offering will run for six days during the period from June 17-24, 2026.
The company will allocate the full net proceeds from the offering toward implementing its expansion plan aimed at strengthening its market presence and achieving sustainable growth.
MSGA Investment Company was established in 2020 in Riyadh. It is a real estate company operating in the field of property development and investment through the development and construction of residential and non-residential units.
The company focuses on developing housing projects targeting the affordable housing sector, in addition to providing real estate development, contracting, and brokerage services. It also owns a subsidiary called MSGA First Real Estate Development Company.
Company Profile
Company
MSGA Investment Co.
Market
Nomu – Parallel Market
Core Activities
Real estate development
Pre-IPO Capital
SAR 100 mln
Number of Shares
100 mln ordinary shares
Post-IPO Capital
SAR 111.11 mln
Number of shares after IPO
111.11 mln ordinary shares
Nominal Value
SAR 1 per share
IPO Summary
Issue Percentage
11.11% of pre-IPO capital and 10% of post-IPO capital
Offered shares
11.11 mln
IPO Minimum Limit
100 shares
IPO Maximum Limit
5550000 shares
Offer period
For six working days from June 17-24, 2026.
Final Allocation
June 28, 2026
Refund (if any)
June 30, 2026
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Muhammed Ali Saud Al-Saqri
100.00
100%
100.00
90%
QFIs
—
—
11.11
10%
Total
100.00
100 %
111.11
100%
Additional Information
Financial Advisor and Lead Manager
Yaqeen Capital
Receiving Banks
Alinma Capital, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alibilad Capital, AlJazira Capital, Alistithmar Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, Musharaka Capital, EFG-Hermes, Awaed Alosool Capital, Dinar Investment, Derayah Financial
