Saudi real estate developer Masqa Investment has unveiled the schedule for its upcoming public offering, with subscriptions set to open on June 17 and run through June 24 as the company advances toward a listing on Saudi Arabia’s Nomu parallel market.
The offering stands out as one of the relatively few IPO transactions progressing in 2026 and among the earlier market deals to emerge following the regional tensions that intensified earlier this year. Share allocation is expected to be finalized on June 28.
Under the plan, Masqa will issue 11.11 million new shares, equivalent to 10 percent of its post-listing capital. Participation will be restricted to qualified investors, with subscriptions starting from 100 shares and capped at 5.55 million shares for a single investor.
The company said the capital raised, after deducting approximately SAR 3.5 million in offering-related expenses, will be directed toward business expansion, development projects, and general working capital requirements.
Masqa’s recent financial performance has strengthened the backdrop for the offering. The company reported net profit of SAR 57.1 million during the first nine months of 2025, marking an almost eightfold increase compared with the corresponding period a year earlier.
For the transaction, Masqa has appointed Yaqeen Capital as financial adviser and bookrunner, while KLA is serving as legal counsel.
