Umm Al Qura for Development IPO: Subscription period, key dates

05/03/2025 Argaam

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Logo ofUmm Al Qura for Development and Construction Co.

Logo of Umm Al Qura for Development and Construction Co.


Retail investors will start today, March 5, subscription to Umm Al Qura for Development and Construction Co.’s 13.08 million shares at SAR 15 apiece.

 

For More IPOs

 

The retail offering will end on March 9.

 

The company offered 130.79 million shares, or 9.09% of its post-IPO capital, 10% of which were allocated to retail investors and 90% to institutions.

 

Key Dates of Subscription

Retail Offering

March 5-9, 2025

Final Date for Subscription

March 9, 2025

Final Allocation

March 13, 2025

Surplus Refunds

March 16, 2025

Expected Date for Share Listing

After meeting all requirements and completing all related regulatory approvals.

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