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SNB Capital Successfully Completes IPO of Al Ramz Real Estate Company
SNB Capital announces the successful completion of the Initial Public Offering (IPO) of Al Ramz Real Estate Company, acting as the Lead Manager, Financial Advisor, Bookrunner, and Underwriter for the transaction.
The IPO comprised 12,8 million ordinary shares, representing 30% of the Company’s share capital post-capital increase, with a final offer price of SAR 70 per share, resulting in a total offering value of SAR 900 million.
Following the institutional book-building process, up to 2,5 million shares (20% of the offering) were allocated to retail investors during the subscription period held from 7 to 9 December 2025.
The individual investor subscription coverage reached 36% of the total shares allocated to individual investors. The institutional tranche recorded demand of SAR 9,964 million, representing an oversubscription of 11.1x.
Al Ramz Real Estate Company’s shares were listed today on the Saudi Exchange Main Market (TASI) under the ticker (4327) and international code (SA16E1323JH6).
The Company maintains a diversified real estate portfolio of more than 8,000 units across 40 projects in six cities. Its listing supports the continued development and institutionalization of the Saudi real estate sector in line with Vision 2030.
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Ministry of Environment, Water and Agriculture Launches the “Namaa” Endowment Fund and Appoints SNB Capital as Fund Manager
The Ministry of Environment, Water and Agriculture has launched the “Namaa” Endowment Fund, an investment fund offered through a public offering and compliant with Sharia standards, with its units endowed to support nonprofit entities operating across the Kingdom’s environment, water, and agriculture ecosystem.
SNB Capital has been appointed as the fund manager, in a step that reinforces its pivotal role in developing the endowment sector by contributing to its transformation into a sustainable investment model.
The launch of the “Namaa” Endowment Fund aligns with the objectives of Vision 2030, as it aims to increase the contribution of the nonprofit sector to GDP and support the sustainability of the environment, water, and agriculture ecosystem. It also aims to channel capital toward environmental and developmental projects with measurable impact by preserving the endowment’s capital and reinvesting its returns.
This initiative reflects SNB Capital’s commitment to advancing the endowment sector through modern financial management tools that improve efficiency, reinforce economic impact, and deliver sustainable value in line with the goals of Saudi Vision 2030.
SNB Capital and Investcorp Announce Strategic Partnership
SNB Capital announces a strategic partnership with Investcorp Saudi Arabia Financial Investments Company (Investcorp), focused on cooperation across asset management, investment banking, and wealth management.
The partnership brings together SNB Capital’s strong investment banking expertise and capabilities in fund structuring and development with Investcorp’s global investment platform and deep experience across alternative asset classes.
The aim of the collaboration is to originate and capitalize on investment opportunities in Saudi Arabia and internationally, spanning private equity, real assets, and credit.
SNB Capital’s partnership with Investcorp allows the group to access compelling opportunities in priority sectors, support capital formation, and contribute meaningfully to the Kingdom’s ongoing economic transformation.
As Saudi Arabia’s growth accelerates, sectors such as technology, logistics, healthcare, and infrastructure are experiencing rapid expansion, creating compelling opportunities for strategic capital deployment that support long-term economic diversification, resilience, and global competitiveness.
Leveraging deep local market expertise, strong regulatory engagement, and a proven track record of structuring and executing landmark transactions, SNB Capital supports the advancement of Saudi Arabia’s capital markets, in line with the Kingdom’s Vision 2030 objectives.
