{"id":94422,"date":"2025-02-16T00:00:00","date_gmt":"2025-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/"},"modified":"2025-02-16T00:00:00","modified_gmt":"2025-02-16T00:00:00","slug":"derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/","title":{"rendered":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share"},"content":{"rendered":"

<\/strong>E-brokerag<\/strong>e firm Derayah Financial set its final offer price for its Tadawul <\/strong>IPO<\/strong> at SAR 30 <\/strong>apiece<\/strong>, the top of the guidance range<\/a>, according to a press release (pdf)<\/a>. Strong demand from institutional investors saw the offering close 162x oversubscribed, with total orders hitting SAR 243 bn.<\/p>\n

REFRESHER-<\/strong> The first brokerage firm to hit the market is taking a 20% stake<\/a> to Tadawul in a Regulation S-compliant IPO open to both local and foreign institutional investors, with a 10% clawback for retail investors. Some 49.95 mn company shares will be up for grabs in the share sale.<\/p>\n

Proceeds + market cap:<\/strong> The pricing sees the offering raising some SAR 1.5 bn (USD 400 mn) in proceeds, while placing the company\u2019s market cap at SAR 7.49 bn (USD 2 bn) upon listing, according to EnterpriseAM calculations.<\/p>\n

Ownership + lock-up period:<\/strong> All proceeds in Derayah\u2019s secondary offering will go to selling shareholders after setting aside SAR 51 mn for IPO-related expenses. Selling shareholders will see their combined ownership stand at 80% following the completion of the offering, according to the press release. At least 60% of the company shares are subject to a 24-month lock-up period beginning at the first day of trading \u2014 including shareholders with at least a 3% stake, along with directors and senior executives. New shareholders will not be subject to the lock-up.<\/p>\n

What\u2019s next:<\/strong> A three-day retail subscription period is due to kick off on Thursday, 20 February, where retail investors will be allowed to subscribe to up to 10% of the offering at a maximum of 250k shares and a minimum of 10 each. The final allocation is slated for Thursday, 27 February.<\/p>\n

ADVISORS- <\/strong>Our friends at HSBC Saudi Arabia are quarterbacking the transaction as the sole lead financial advisor, bookrunner, global coordinator, and lead manager, with Baker McKenzie acting for HSBC as the sole underwriter. Receiving agents include Derayah Financial Company, Alinma Investment, Al-Istithmar Capital, Aljazira Capital, Alkhabeer Capital, Al Rajhi Capital, ANB Capital, BSF Capital, GIB Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"

The offering for the institutional tranche was 162x oversubscribed<\/p>\n","protected":false},"author":1,"featured_media":94423,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2542],"tags":[1841,10,29,2452],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-derayah-financial","tag-enterpriseam-ksa","tag-ipo-watch","tag-tadawul","wpautop","entry"],"acf":{"mongo_id":"e36c8999-ca46-438c-8b46-9deef68ec4bb","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/1750.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share","related_issue":[94415],"teaser":"The offering for the institutional tranche was 162x oversubscribed","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.6a8cc903-fb68-4eea-a874-058651407b48.mp3"},"yoast_head":"\nDerayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share\" \/>\n<meta property=\"og:description\" content=\"The offering for the institutional tranche was 162x oversubscribed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-16T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share\",\"datePublished\":\"2025-02-16T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\"},\"wordCount\":344,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Derayah Financial\",\"EnterpriseAM KSA\",\"IPO watch\",\"Tadawul\"],\"articleSection\":[\"IPO WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\",\"name\":\"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-16T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/","og_locale":"en_US","og_type":"article","og_title":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share","og_description":"The offering for the institutional tranche was 162x oversubscribed","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/","og_site_name":"KSA","article_published_time":"2025-02-16T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share","datePublished":"2025-02-16T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/"},"wordCount":344,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1","keywords":["Derayah Financial","EnterpriseAM KSA","IPO watch","Tadawul"],"articleSection":["IPO WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/","name":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1","datePublished":"2025-02-16T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/derayah-financial-prices-tadawul-ipo-at-the-top-of-the-guidance-range-at-sar-30-per-share\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Derayah Financial prices Tadawul IPO at the top of the guidance range at SAR 30 per share"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1750.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/94422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=94422"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/94422\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/94415"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/94423"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=94422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=94422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=94422"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=94422"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=94422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}