IPO and Capital Increase
Our goal is to be the preferred choice for customers and companies looking to sell shares or raise capital. Leveraging our nationwide branches, expertise, and technology, we offer innovative solutions through various subscription channels for a convenient IPO or Capital Increase process.
Things you should know
Required Documents
General Policy
Required Documents
General Policy
Required Documents
Documents required to be submitted with applications to subscribe through the branches are:
- Original and copy of the identity card of the individual subscriber.
- Original and copy of the family book to family members subscribers.
- Original and copy of power of attorney for first-degree family members
- Original and copy of certificate of guardianship (for orphans).
- Original and copy of certificate of divorce papers (for the children of Saudi woman divorced from a non-Saudi husband).
- Original and copy of spouse's death certificate (for the children of Saudi woman widow of a non-Saudi husband).
- Original and copy of birth certificate (for the children of Saudi woman divorced or widowed from a non-Saudi husband).
IPO underwriting through SNB branches
Terms of subscription:
- Personal attendance of IPO applicant or the authorized agent.
- Fill out the subscription application form with the addition of family members listed in the family book to that request at his own discretion and if they wish to subscribe.
- Signature on the form.
- Attach the required documents mentioned above (depending on the status of the applicant).
IPO steps:
- Personal attendance of IPO applicant or the authorized agent.
- Fill out the subscription application form with the addition of family members listed in the family book to that request at his own discretion and if they wish to subscribe.
- Signature on the form.
- Attach the required documents mentioned above (depending on the status of the applicant).
IPO underwriting through an ATM of the Saudi National Bank
Terms of subscription:
- Subscription only to SNB customers through the ATM machines of SNB.
- Does not require individual subscriber to have previous IPO.
- Require the customer to have former IPO with SNB (in case of presence of affiliates).
- Cannot subscribe to affiliates other than those previously subscribed.
- This service provides the opportunity for customers to subscribe without having to go to the SNB branches and without the need for a subscription form and have it filled out.
- The application shall be considered final once approved.
IPO underwriting through digital channels
Terms of subscription:
- Does not require the individual subscriber to have previous IPO.
- Require the customer to have former IPO with the SNB (in case of presence of affiliates).
- Cannot subscribe to affiliates other than those previously subscribed.
- Customer must be registered on any of SNB's electronic channels
- This service provides the opportunity for customers to subscribe without having to go to the SNB branches and without the need for a subscription form and have it filled out.
- The application shall be considered final once approved.