Main Market
- Minimum market capitalisation
- USD 80m
- Minimum free float
- 30%
- Track record
- 3 years
- Profit required
- No
- Minimum shareholders
- 200
- Lock-up
- 6 months
Expected market value at listing at least SAR 300m (approx. USD 80m); at least 30% of shares in public hands and at least 200 public shareholders (Saudi Exchange Listing Rules, as summarised by Baker McKenzie, updated 1 Feb 2026; the Exchange website could not be accessed in this run). Confirmed in the CMA OSCOs (Art. 23): joint stock company, same main activity for at least the previous 3 years, audited financial statements for the last 3 financial years under SOCPA-endorsed standards (IFRS as endorsed in KSA), no material restructuring in the last financial year, senior executives with appropriate expertise, 12 months of working capital. No profit test in the rules. Lock-up (OSCOs Art. 72): substantial shareholders named in the prospectus may not dispose of shares for 6 months from first trading; longer periods may be set in the prospectus. The rules do not require the same management for 3 years.