Y.D. Barazani

Y.D. Barazani (Ticker: BRZN IT) builds public infrastructure and develops projects that incorporate infrastructure. Its work includes two sections of the southern extension of Jerusalem’s Begin Highway, where it built two bridges and two tunnels.

Y.D. Barazani began trading on the Tel Aviv Stock Exchange on November 12, 2026. The IPO comprised 88,888,900 newly issued shares at ILS 11.25 each, raising ILS 1.00 billion ($313.38 million) before expenses. The new shares accounted for 30.77% of the company after the IPO, which valued it at ILS 3.25 billion ($1.02 billion).

The company intends to distribute approximately ILS 350.00 million as a dividend within 90 days of listing, subject to approval. The remaining proceeds are intended for working capital and expansion.

Underwriters include Active Underwriting Ltd.