Logo ofDar Al Majed Real Estate Co. (Al Majdiah)
Dar Al Majed Real Estate Co. (Al Majdiah)started trading on the Main Market (TASI) today, Sept. 10, under the symbol 4326 and ISIN Code SA16C0723J17, at SAR 14 per share. 
The stock trades in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. Starting the fourth trading day onwards, the daily price fluctuation limit will revert to ±10%, while the static price fluctuation limits will no longer apply.
Marketing Home is the 11th listing on TASI in 2025 afterAlmoosa Health Co.on Jan. 7,Nice One Beauty Digital Marketing Co.on Jan. 8,andDerayahFinancial Co.on March 10. This is in addition to Arabian Company for Agricultural Industrial Investments (Entaj) on March 17, Umm Al Qura for Development and Construction Co. (UQDC)on March 24, United Carton Industries Co. (UCIC)on May 27,flynason June 18, Specialized Medical Co. (SMC) on June 25, Sport Clubs Co.in July and Marketing Home Group for Trading Co. (MHG) on Sept. 2.
In 2024, as many as 13 companies were listed on TASI, in addition toAlistithmar AREIC Diversified REIT Fund.
Al Majdiah will bring the total number of Tadawul-listed companies to 242, excluding 19 REITs.
The company offered 90 million shares, or 30% of its capital, on TASI.
The retail IPO was 278% oversubscribed, while the institutional IPO was 107-times covered.
A minimum of 10 shares was allocated to each retail investor, while rump shares will be allocated pro rata, at an average allocation factor of 31.8%.
Company Profile
Incepted in 2014 and based in Riyadh, Dar Al Majed (or Al Majdiah) was converted from a limited liability firm to a closed joint-stock company in 2023. It operates in real estate activities, boasting an issued capital of SAR 300 million.
Its commercial registration number is 1010417874.
Company Info
Company
Dar Al Majed Real Estate Co. (Al Majdiah)
Core activities
Real estate activities
Capital
SAR 300 mln
No. of Shares
300 mln
Nominal Value
SAR 1/share
Major Shareholders
Shareholders
Pre-IPO
Post-IPO
No. of Shares (mln)
Ownership Stake
No. of Shares (mln)
Ownership Stake
Dar Al Majed Holding
173.25
57.57%
121.27
40.43%
Rafid Al-Haditha Investment Co.
22.5
7.5%
15.75
5.25%
AWJ for Development Investment Co.
22.5
7.5%
15.75
5.25%
Other shareholders
81
27.43%
57.23
19.1%
Public
—
—
90
30.0%
Total
300
100%
300
100%
Logo ofDar Al Majed Real Estate Co. (Al Majdiah)
Dar Al Majed Real Estate Co. (Al Majdiah)started trading on the Main Market (TASI) today, Sept. 10, under the symbol 4326 and ISIN Code SA16C0723J17, at SAR 14 per share.
The stock trades in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. Starting the fourth trading day onwards, the daily price fluctuation limit will revert to ±10%, while the static price fluctuation limits will no longer apply.
Marketing Home is the 11th listing on TASI in 2025 afterAlmoosa Health Co.on Jan. 7,Nice One Beauty Digital Marketing Co.on Jan. 8,andDerayahFinancial Co.on March 10. This is in addition to Arabian Company for Agricultural Industrial Investments (Entaj) on March 17, Umm Al Qura for Development and Construction Co. (UQDC)on March 24, United Carton Industries Co. (UCIC)on May 27,flynason June 18, Specialized Medical Co. (SMC) on June 25, Sport Clubs Co.in July and Marketing Home Group for Trading Co. (MHG) on Sept. 2.
In 2024, as many as 13 companies were listed on TASI, in addition toAlistithmar AREIC Diversified REIT Fund.
Al Majdiah will bring the total number of Tadawul-listed companies to 242, excluding 19 REITs.
The company offered 90 million shares, or 30% of its capital, on TASI.
The retail IPO was 278% oversubscribed, while the institutional IPO was 107-times covered.
A minimum of 10 shares was allocated to each retail investor, while rump shares will be allocated pro rata, at an average allocation factor of 31.8%.
Company Profile
Incepted in 2014 and based in Riyadh, Dar Al Majed (or Al Majdiah) was converted from a limited liability firm to a closed joint-stock company in 2023. It operates in real estate activities, boasting an issued capital of SAR 300 million.
Its commercial registration number is 1010417874.
Company Info
Company
Dar Al Majed Real Estate Co. (Al Majdiah)
Core activities
Real estate activities
Capital
SAR 300 mln
No. of Shares
300 mln
Nominal Value
SAR 1/share
Major Shareholders
Shareholders
Pre-IPO
Post-IPO
No. of Shares (mln)
Ownership Stake
No. of Shares (mln)
Ownership Stake
Dar Al Majed Holding
173.25
57.57%
121.27
40.43%
Rafid Al-Haditha Investment Co.
22.5
7.5%
15.75
5.25%
AWJ for Development Investment Co.
22.5
7.5%
15.75
5.25%
Other shareholders
81
27.43%
57.23
19.1%
Public
—
—
90
30.0%
Total
300
100%
300
100%
