Barazani Infrastructure Firm Plans $250 Million IPO on Tel Aviv Stock Exchange
Translated & summarized from Calcalist by baba
Infrastructure company Barazani is set to launch an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange, aiming to raise NIS 1 billion. The company, owned by brothers Yossi Barazani and Dain Bar, will offer 30% of its shares. The IPO is expected to be the second-largest this year, with proceeds partially used for a dividend to the owners. Barazani specializes in transportation infrastructure and has shown significant revenue and profit growth.
The story in 6 lines · by baba
- Barazani Infrastructure is planning a NIS 1 billion IPO on the Tel Aviv Stock Exchange.
- The company is equally owned by brothers Yossi Barazani and Dain Bar.
- 30% of the company's shares will be offered in the IPO.
- A dividend of 33% of the IPO proceeds will be distributed to the owners.
- Barazani focuses on transportation infrastructure projects.
- Revenues grew 38% to NIS 616 million in 2025, with net profit up 88%.
Infrastructure company Barazani is preparing for a significant Initial Public Offering (IPO) on the Tel Aviv Stock Exchange, aiming to raise NIS 1 billion (approximately $250 million). The company, equally owned by brothers Yossi Barazani and Dain Bar, has completed meetings with institutional investors and published a draft prospectus. Barazani plans to offer 30% of its shares, with the valuation expected to be between NIS 2.8 and 3 billion.
If successful, Barazani's IPO would be the second-largest on the exchange this year, following Tidhar Real Estate's NIS 1.7 billion offering in June. This would bring the total number of companies listed this year to 22, with previous listings raising a combined NIS 7.8 billion. The pace of IPOs has slowed recently due to market uncertainty, with only two listings occurring since September.
Barazani primarily focuses on infrastructure projects, particularly in transportation, including the fast lanes on the Coastal Highway and sections of the Jerusalem light rail. The company is also developing a residential neighborhood in Katzrin, where it handles the associated infrastructure. Barazani's revenues grew 38% to NIS 616 million between 2024 and 2025, with net profit increasing by 88% to NIS 79 million. The company forecasts further growth in 2026, projecting revenues of NIS 1.06 billion and a net profit of NIS 113 million.
As part of the IPO, Barazani intends to distribute 33% of the proceeds as a dividend to its owners, Yossi Barazani and Dain Bar. This dividend is intended to help them repay NIS 249 million in loans the company extended to them. The brothers' annual compensation is expected to increase significantly upon the company going public, with each co-CEO receiving a monthly gross salary of NIS 230,000, plus luxury car expenses covered by the company.
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