LogoofDerayah Financial Co. 
Derayah Financial Co. issued today, Jan. 23, the prospectus for offering 49.95 million shares, or 20% of the company’s capital of SAR 499.5 million, on the Saudi Exchange (Tadawul). Derayah’s capital is divided into 249.74 million shares at a par value of SAR 2 each.
The offeringwill run for three days from Feb. 20-22.
In December, the Capital Market Authority (CMA) approved the company’s application to float its shares on theMainMarket.
The company’s main activity, as per its articles of association and commercial register, is represented in dealings in securities, investments management an fund operation, arrangement, advisory and securities custody.
The subscription is limited to two categories of investors:
Tranche (A): Participating parties: Those who are qualified to participate in the book building process, including investment funds, foreign companies and institutions, investors from GCC companies, and other foreign investors by virtue of swap agreements
Tranche (B): Individual investors: 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.
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
IPO Summary
Issue Percentage
20%
Offered shares
49.95 mln shares
Number of offered shares to retail investors
4.99 mln shares (10% of capital)
Minimum subscription limit (participating parties:)
100,000 shares
Minimum subscription limit (retail investors)
10 shares
Maximum subscription limit (participating parties:)
12.48 mln
Maximum subscription limit (retail investors)
250,000 shares
Offer period
Three days from Feb. 20-22, 2025
Final Allocation
Feb. 27, 2025
Refund (if any)
March 4, 2025
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%
Sanadj Investment Co.
23.12
9.3%
18.36
7.4%
Other shareholders*
142.26
57%
114.43
45.7%
Public
—
—
49.95
20%
Total
249.74
100%
249.74
100%
Additional Information
Financial Advisor and Lead Manager
HSBC Saudi Arabia
Receiving Banks
Derayah Financial, Alinma Investment, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Alistithmar Capital AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, BSF Capital, Yaqeen Capital
LogoofDerayah Financial Co.
Derayah Financial Co. issued today, Jan. 23, the prospectus for offering 49.95 million shares, or 20% of the company’s capital of SAR 499.5 million, on the Saudi Exchange (Tadawul). Derayah’s capital is divided into 249.74 million shares at a par value of SAR 2 each.
The offeringwill run for three days from Feb. 20-22.
In December, the Capital Market Authority (CMA) approved the company’s application to float its shares on theMainMarket.
The company’s main activity, as per its articles of association and commercial register, is represented in dealings in securities, investments management an fund operation, arrangement, advisory and securities custody.
The subscription is limited to two categories of investors:
Tranche (A): Participating parties: Those who are qualified to participate in the book building process, including investment funds, foreign companies and institutions, investors from GCC companies, and other foreign investors by virtue of swap agreements
Tranche (B): Individual investors: 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.
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
IPO Summary
Issue Percentage
20%
Offered shares
49.95 mln shares
Number of offered shares to retail investors
4.99 mln shares (10% of capital)
Minimum subscription limit (participating parties:)
100,000 shares
Minimum subscription limit (retail investors)
10 shares
Maximum subscription limit (participating parties:)
12.48 mln
Maximum subscription limit (retail investors)
250,000 shares
Offer period
Three days from Feb. 20-22, 2025
Final Allocation
Feb. 27, 2025
Refund (if any)
March 4, 2025
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%
Sanadj Investment Co.
23.12
9.3%
18.36
7.4%
Other shareholders*
142.26
57%
114.43
45.7%
Public
—
—
49.95
20%
Total
249.74
100%
249.74
100%
Additional Information
Financial Advisor and Lead Manager
HSBC Saudi Arabia
Receiving Banks
Derayah Financial, Alinma Investment, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Alistithmar Capital AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, BSF Capital, Yaqeen Capital
