Karachi, Pakistan – Web Desk: Investor confidence in the Pakistan Stock Exchange (PSX) remains steady despite ongoing economic and geopolitical challenges, according to market developments and regulatory updates.
The Securities and Exchange Commission of Pakistan (SECP) has approved the initial public offering (IPO) of Wahdat Poultry Farm, marking another addition to the country’s capital market activity.
Under the approved structure, the company will offer 50 million new shares along with 3.1 million existing shares for sale. The IPO will be conducted through a book-building process, a mechanism used to determine share pricing based on investor demand.
According to the details, 70% of the shares will be allocated to institutional investors and large market participants, while the remaining 30% will be offered to retail investors.
This IPO represents the eighth public listing in the current fiscal year, reflecting continued activity in Pakistan’s equity markets.
SECP Chairman Dr. Kabir Sidh stated that Pakistan’s capital markets remain stable and resilient. He added that investing in the Pakistan Stock Exchange has become easier and more accessible, encouraging investors to open online trading accounts and participate in economic growth.
