Banner

Simplifying Investment for Every Investor

Saudi Arabia’s leading independent digital investment platform, committed
to simplifying investments, making wealth creation accessible to every investor.

Initial Public Offering

Derayah Financial

Derayah Financial Company ("Derayah" or the "Company"), the leading independent digital investment platform in Saudi Arabia, is pleased to announce its intention to offer 20% of its issued share capital to the public through an Initial Public Offering ("IPO") and listing of ordinary shares on the Main Market of the Saudi Exchange.

The IPO comprises an offer of 49,947,039 ordinary shares and represents a unique opportunity for institutional and retail investors to participate in the long-term growth of a digital-first investment ecosystem in Saudi Arabia.

Business

Overview




Pioneer in the digital investment space, with an unwavering commitment to innovate at every step of the investment journey.

Derayah, the Kingdom's premier independent digital investment platform, is dedicated to simplifying investing and making wealth creation accessible to every investor. Since our inception in 2009, the Company has significantly enhanced its offerings as it evolved into one of the leading technology-driven providers of brokerage and asset & wealth management solutions. The number of client accounts has grown 12x since 2016, underscoring Derayah’s successful expansion.

Cutting-edge technology, complemented by experienced leadership, drive innovation, scalability, and a seamless user experience.

Derayah possesses a proprietary technology infrastructure, purposely designed for scalability, agility, and an outstanding digital user experience. Its technological edge facilitates continuous product innovation, allowing Derayah to stay ahead of market trends and align closely with client needs. This is complemented by the Company’s deep understanding of financial markets, guided by its visionary, founder-lead Board of Directors and an experienced executive management team in capital markets and investments.

Diverse and scalable business model enables growth through market cycles.

Derayah’s main business segments are brokerage and asset & wealth management. The digital brokerage platform is a market leader, providing a unique, single access point to 43 local, regional, and international markets, and offers clients a diverse range of financial instruments, including equities, fixed income, and derivatives.

The asset & wealth management business is rapidly growing, with SAR 15.1 billion in assets under management (“AUM”) as of 30 June 2024G, representing an approximate 50% growth in AUM from 31 December 2023G. This robust growth and innovative approach position Derayah as a leader in digital investment solutions across Saudi Arabia and beyond.

Strategically positioned to capitalize on favorable market dynamics.

Its growth and innovative approach positions Derayah as a leader in digital investment solutions across Saudi Arabia and beyond. The Company’s position is further bolstered by a large and expanding addressable market, favorable industry dynamics, and transformative agendas in the financial sector.

Vision

Our vision is to be the most enriching financial institution with the most innovative products and superior service in Saudi Arabia.

Mission

Our mission is to be the first and most inclusive investment option, by providing accessible and comprehensive investment opportunities that will help our clients achieve their future goals.

Message from

Leadership

Taha A. AlKuwaiz

Co-Founder and Chairman

"We are proud to announce the launch of our IPO at a pivotal moment in Saudi Arabia’s financial sector. This IPO goes beyond being a milestone for Derayah; it stands as a testament to our steadfast dedication to democratizing investment and providing all types of investors with innovative, accessible, and comprehensive wealth-building solutions."

Chairman
Chairman

Mohammed AlShammasi

CEO

"With the launch of our IPO, Derayah is embarking on an exciting new chapter that will further solidify its position as a leading independent digital investment platform in Saudi Arabia.

In recent years, we have achieved exponential growth by capitalizing on favorable local, regional, and global capital markets. We have done this by successfully catering to the needs of digital natives while simplifying the investment journey and providing a unique experience for a new generation of investors."

Derayah in

Numbers

Leading Digital Broker

Total

#1

Independent digital broker by brokerage revenue

Total

#3

Largest Capital Markets Institution (“CMI”) with c.14% market share in KSA’s online brokerage

Total

12x

Client Accounts growth (2016G-2023G) with c.100% acquired online

Total

+98%

of the Trading is online

Growing and Diversified Asset Management Platform

Total

SAR 15.1 billion

Assets Under Management (as of 30 June 2024G)

+33% CAGR (2020G – 30 June 2024G)

Total

65%

of AUMs (as of 30 June 2024G) in Public Markets Funds

Total

35%

of AUMs (as of 30 June 2024G) in Private Markets Funds

Solid Financial Track-record, a Healthy, Debt-free Balance Sheet, Yielding Attractive Shareholders Returns

Total

SAR 624 million

Total Operating Income in 2023G

+31% CAGR (2020G-2023G)

Total

SAR 330 million

Net Income in 2023G

+47% CAGR (2020G-2023G)

Total

53%

Net Profit Margin in 2023G

Total

43%

Return on Average Equity in 2023G

Total

69%

Dividend Payout Ratio in 2023G

Awards &

Achievements

GI

Best Trading Platform in 2022

GI

Sharia-compliant funds are the highest performing in 5 years

GI

Best Trading Platform in 2021

GI

Best Brokerage Firm for 2021 – Customer Service

GI

Best Brokerage Firm for 2021 – Customer Service

GI

Highest Performing Fund in 5 Years

GI

Most Reliable Brokerage Services Company – Saudi Arabia 2023

GI

The most innovative trading platform in Saudi Arabia 2019

GI

The most innovative electronic platform in Saudi Arabia 2022

GI

The best online trading platform - in Saudi Arabia 2022

GI

Fastest Growing Equity Fund Management Company - Saudi Arabia 2023

GI

The most innovative brokerage platform in the Kingdom for the year 2022

GI

Best Equity Fund - Saudi Market Free style Fund Saudi Arabia

GI

Most Innovative Online Trading Platform - Saudi Arabia 2022

Growth Strategy

Well-Defined Strategic Path to Future Growth

Driving Growth
Through Innovation
Expanding into
high-growth segments
Scaling the business while strengthening client relationships
IPO

Timeline

23 january 2025
Intention
to Float
Key Icon
Key Icon
Price Range & Start of Institutional Book Building
02 February 2025
09 February 2025
Close of Institutional
Book Building
Key Icon
Key Icon
Final Price
Announcement
13 February 2025
20 February 2025
Start of
Retail Subscription
Key Icon
Key Icon
Close of
Retail Subscription
22 February 2025
27 February 2025
Final
Allocation
Key Icon

FAQ

The shares will be listed on Main Market of the Saudi Exchange (Tadawul).

  • The IPO of Derayah comprises an offer of 49,947,039 Offer Shares, representing 20% of the Company’s issued share capital, by way of a sale of the Company’s current shareholders in proportion with their existing shareholding (“Selling Shareholders”).
  • The Offer Shares will be offered for subscription to individual investors and institutional investors, including institutional investors outside the United States in accordance with Regulation S (RegS) under the US Securities Act of 1933, as amended.
  • All the Offer Shares will be offered to institutional investors, with a claw back to individual investors of up to 10% of the offered Shares.

Secondary offer

  • For retail investors, the minimum share subscription is 10 shares and the maximum is 250,000 shares.
  • For institutional investors, the minimum share subscription is 100,000 shares and the maximum is 12,486,759 shares.

The Company has demonstrated its commitment to shareholder value creation, increasing its dividend payout ratio to 69% in 2023G from 15% in 2020G, reflecting consistent and substantial returns for investors.

Subscription to the offer shares is restricted to the following two groups of investors: (1) Qualified Investors (any investor who is approved by the Saudi Capital Market Authority) and (2) Individual Investors (Saudi Arabian nationals, GCC nationals and foreign residents in Saudi Arabia, with an active portfolio with one of the receiving agents).

Please refer to the 'How to Subscribe' section on this page for more information.

The Offering’s final price will be set after the book-building period is complete.

Please refer to the ‘IPO Timeline’ section on this page for details.

There will be no implementation of a lock-up period or restriction on the sale of shares for subscribers following the listing.

Contact us