Riyadh - Kingdom of Saudi Arabia
Al Olaya - Wadi Al Artawi
Zip Code: 12212
P.O. Box 3168
Phone
966114643879
FAX
966114640941
Website
www.addar-bs.com
Company Main Activities
The Companys current main activity is providing IT services, technical support, and maintenance.
As stated in its Bylaws, the Companys activities consist of carrying out and implementing the
following objectives:
1- Computer programming activities
2- Computer consultancy and computer facilities management activities
3- Data processing, hosting and related activities; web portals
4- Activities of holding companies, i.e. assets (owning controlling-levels of equity) of a group of
subsidiary corporations and whose principal activity is owning the group
5- Management consultancy activities
6- Temporary employment agency activities
7- Combined facilities support activities
8- Organization of conventions and trade shows
9- Repair of computers and peripheral equipment
For more information please refer to the companys prospectus.
Summary
Authorized Capital
70,000,000 SAR
Issue Type
Equity
Total Issue Shares
70,000,000
Issue Price
9.75
Shares Offering Size
21,000,000
Percentage of Shares offering size to be total issue shares
30%
Issue Manager
AlJazira Capital
Main Underwriter
AlJazira Capital
Important Dates
Financial Year End
12-31
Offering Date
2026/05/10
Closing Date
2026/05/14
Receiving Entities
AlJazira Capital, Alawwal Invest Company (SAB Invest), Al Rajhi Capital, BSF Capital, Alinma Capital, Riyad Capital, Alistithmar for Financial Securities and Brokerage, AlBilad Investment Company, ANB Capital, SNB Capital, Derayah Financial, Yaqeen Capital, Alkhabeer Capital, Sahm Capital, GIB Capital, Musharaka Capital, EFG Hermes Saudi Arabia, Awaed Capital, Dinar Investment
UpcomingIPO
