Saudi Arabia Leading Healthcare Provider Specialized Medical Company (SMC) to Raise $500 Million in Saudi Exchange IPO at $1.6 Billion Valuation, SMC Founded in 1999
14th May 2025 | Hong Kong
Saudi Arabia leading healthcare provider Specialized Medical Company (SMC) has filed to raise $500 million in Saudi Exchange IPO at $1.6 billion valuation. SMC was founded in 1999. Announcement (9/5/25): “Specialized Medical Company (the “Company” or “SMC”), one of the leading healthcare providers in the Kingdom of Saudi Arabia (the “Kingdom”), recognized as a center of excellence delivering comprehensive and integrated healthcare services across a wide range of specialties announces its intention to proceed with an initial public offering (the “IPO” or “Offering”) and the listing of its ordinary shares (“Shares”) on the Main Market of the Saudi Exchange (“Saudi Exchange”). On 26 March 2025G, the Capital Market Authority (“CMA”) approved the Company’s application for registering its share capital and the offering of 75,000,000 ordinary shares ( “Offer Shares”), representing 30% of the Company’s total issued share capital. The offering price will be determined at the end of the institutional bookbuilding period. The Offer Shares will be offered for subscription to individual and institutional investors, including institutional investors outside the United States in accordance with Regulation S under the US Securities Act of 1933G, as amended (“US Securities Act”). The Offering’s net proceeds will be distributed to the Selling Shareholders. The Company will not receive any part of the Offering Proceeds.” Business – The Company’s principal activities consist of the establishment, management and operation of general tertiary hospitals, which are concerned with providing primary, secondary and tertiary healthcare services. The Company currently owns two hospitals in Riyadh, the Kingdom of Saudi Arabia, namely SMC Hospital (1) – King Fahd Road, and SMC Hospital (2) – King Abdullah Road (for further information regarding the Company’s existing hospitals, please refer to Section 4.3.6 “Company Hospitals” of this Prospectus). The Company is also developing three additional hospitals in Riyadh.
“ Saudi Arabia Leading Healthcare Provider Specialized Medical Company (SMC) to Raise $500 Million in Saudi Exchange IPO at $1.6 Billion Valuation, SMC Founded in 1999 “
Saudi Arabia Leading Healthcare Provider Specialized Medical Company (SMC) to Raise $500 Million in Saudi Exchange IPO at $1.6 Billion Valuation, SMC Founded in 1999
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
