Logo of Marketing Home Group Co.
Marketing Home Group Co. set a price range for its initial public offering (IPO) on the Main Marlet (TASI).
The shares represent 30% of the company’s SAR 160 million share capital, divided into 16 million shares, each with a nominal value of SAR 10.
The IPO price will be determined after the book-building process. The subscription period will run for two working days, from Aug. 19-20.
According to the prospectus, the book-building process and subscription period for participating entities will run from Aug. 3 to Aug. 7.
The Capital Market Authority (CMA) approved in March 17 the company’s application to list its shares on TASI.
The subscription is limited to two categories of investors:
Tranche (A) Participating Entities: This tranche includes the parties entitled to participate in the book-building process in accordance with the book-building instructions, including investment funds, companies, qualified foreign investors, GCC corporate investors, and certain other foreign investors pursuant to swap agreements.
Tranche (B) Individual Subscribers: This tranche includes natural Saudi individuals, non-Saudi residents in the Kingdom, and GCC nationals. To be eligible, they must have an investment account and an active portfolio with a receiving agent and must also be eligible to open an investment account with a financial market institution.
Key background
Marketing Home Group is a privately held Saudi joint-stock company based in Riyadh. It began as a sole proprietorship in 2005.
The group focuses on construction materials and brand development and management. Its activities include manufacturing concrete, cement, gypsum, and structural metal products, as well as building construction.
The company also engages in wholesale fuel trading, solid, liquid, and gas and retail sales of hardware, paint, glass, home appliances, and furniture. It provides land freight and warehousing services.
Its main business lines cover tiles and accessories, lighting products, sanitaryware, and HVAC systems.
Company Profile
Company
Marketing Home Group
Core Activities
Specialized in building materials and brand management
Capital
SAR 160 mln
Number of Shares
16 mln
Share Par Value
SAR 10
IPO Summary
Issue Percentage
30%
Offered shares
4.8 mln shares
Total No. of Shares Offered to Individual Investors
960,000 shares (20%)
IPO Minimum Limit (Participating Entities)
50,000 shares
IPO Minimum Limit (Individual Subscribers)
10 shares
IPO Maximum Limit (Participating Entities)
799,990 shares
IPO Maximum Limit (Individual Subscribers)
250,000 shares
Offer period
From Aug. 19-20, 2025
Final Allocation
Aug. 24, 2025
Refund (if any)
Aug. 27, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln shares)
Ownership
(%)
Number of Shares
(mln shares)
Ownership
(%)
Musaad Algfari
6.40
39.98%
4.48
27.99%
Ali Al-Dosari
5.42
33.86%
3.79
23.70%
Mohammed AlZamil
1.33
8.31%
0.93
5.82%
Other Shareholders
2.85
17.85%
2.00
12.49%
Public
—
—
4.80
30.0%
Total
16.00
100%
16.00
100%
Additional Information
Financial Advisor and Lead Manager
Alinma Investment
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, Saudi Fransi Capital, Yaqeen Capital, Albilad Capital, Musharaka Capital, EFG-Hermes, Awaed Capital
Logo of Marketing Home Group Co.
Marketing Home Group Co. set a price range for its initial public offering (IPO) on the Main Marlet (TASI).
The shares represent 30% of the company’s SAR 160 million share capital, divided into 16 million shares, each with a nominal value of SAR 10.
The IPO price will be determined after the book-building process. The subscription period will run for two working days, from Aug. 19-20.
According to the prospectus, the book-building process and subscription period for participating entities will run from Aug. 3 to Aug. 7.
The Capital Market Authority (CMA) approved in March 17 the company’s application to list its shares on TASI.
The subscription is limited to two categories of investors:
Tranche (A) Participating Entities: This tranche includes the parties entitled to participate in the book-building process in accordance with the book-building instructions, including investment funds, companies, qualified foreign investors, GCC corporate investors, and certain other foreign investors pursuant to swap agreements.
Tranche (B) Individual Subscribers: This tranche includes natural Saudi individuals, non-Saudi residents in the Kingdom, and GCC nationals. To be eligible, they must have an investment account and an active portfolio with a receiving agent and must also be eligible to open an investment account with a financial market institution.
Key background
Marketing Home Group is a privately held Saudi joint-stock company based in Riyadh. It began as a sole proprietorship in 2005.
The group focuses on construction materials and brand development and management. Its activities include manufacturing concrete, cement, gypsum, and structural metal products, as well as building construction.
The company also engages in wholesale fuel trading, solid, liquid, and gas and retail sales of hardware, paint, glass, home appliances, and furniture. It provides land freight and warehousing services.
Its main business lines cover tiles and accessories, lighting products, sanitaryware, and HVAC systems.
Company Profile
Company
Marketing Home Group
Core Activities
Specialized in building materials and brand management
Capital
SAR 160 mln
Number of Shares
16 mln
Share Par Value
SAR 10
IPO Summary
Issue Percentage
30%
Offered shares
4.8 mln shares
Total No. of Shares Offered to Individual Investors
960,000 shares (20%)
IPO Minimum Limit (Participating Entities)
50,000 shares
IPO Minimum Limit (Individual Subscribers)
10 shares
IPO Maximum Limit (Participating Entities)
799,990 shares
IPO Maximum Limit (Individual Subscribers)
250,000 shares
Offer period
From Aug. 19-20, 2025
Final Allocation
Aug. 24, 2025
Refund (if any)
Aug. 27, 2025
Company Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln shares)
Ownership
(%)
Number of Shares
(mln shares)
Ownership
(%)
Musaad Algfari
6.40
39.98%
4.48
27.99%
Ali Al-Dosari
5.42
33.86%
3.79
23.70%
Mohammed AlZamil
1.33
8.31%
0.93
5.82%
Other Shareholders
2.85
17.85%
2.00
12.49%
Public
—
—
4.80
30.0%
Total
16.00
100%
16.00
100%
Additional Information
Financial Advisor and Lead Manager
Alinma Investment
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, Saudi Fransi Capital, Yaqeen Capital, Albilad Capital, Musharaka Capital, EFG-Hermes, Awaed Capital