Alramz Real Estate Company has officially announced the details for its Initial Public Offering (IPO) following the successful completion of the institutional book-building process.

With the final price set at the top of the range, the focus now shifts to individual investors. Here is everything you need to know to prepare for the upcoming subscription period.

Quick Look: The Key Numbers

• Final Offer Price: SAR 70 per share.
• Implied Market Cap: SAR 3 Billion (at listing).
• Institutional Coverage: 11.1 times (Oversubscribed).
• Total Institutional Demand: Exceeded SAR 9.96 billion.

🗓️ Critical Dates for Retail Investors

If you plan to subscribe, mark these dates.

• Subscription Opens: Sunday, December 7, 2025.
• Subscription Closes: Tuesday, December 9, 2025 (at 3:00 PM KSA time).

Retail Subscription Details

• Minimum Subscription: 10 shares.
• Maximum Subscription: 250,000 shares.
• Retail Slice: While institutions were allocated 100% initially, this may be reduced to 80% (approx. 10.28 million shares) to accommodate retail demand, giving individuals up to 20% of the offer.

Background & Use of Proceeds

Alramz is offering 30% of its share capital (12.86 million shares) to the public. The capital raised will be used to fuel the company's growth in the Saudi real estate sector:

• 37%: Developing new projects.
• 36%: Investing in new real estate funds for project development.
• 23%: General corporate purposes.
• 4%: Covering offering expenses.

Lock-up Period: Substantial shareholders are restricted from selling their shares for 12 months after trading begins.

Next Steps: Following the retail subscription closing on Dec 9, the final allocation will be processed, and the company will list on the Main Market of Saudi Tadawul (date to be announced).

Our previous coverage: Stay Ahead: Al Ramz IPO Launches Soon – Over 40 Projects, 8,000+ Units Developed – Find Out More!