Poultry producer to offer 53.1 million shares on PSX as it seeks to expand capacity and enter value-added egg products segment.
Wahdat Poultry Farm Limited has announced plans to raise about Rs637 million (approximately $2.3 million) through an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), according to a prospectus issued to the exchange on Friday.
The company will offer 53.1 million ordinary shares, representing 15.84% of its post-IPO paid-up capital, at a floor price of Rs12 per share, which includes a premium of Rs10 per share.
Of the total amount, Rs600 million will be raised as fresh capital, while **Rs37.23 million will be generated through the sale of shares by sponsor shareholder Naved Ali Khan.
The IPO will follow the book-building mechanism, under which 70% of the shares will be allocated to institutional investors and high-net-worth individuals, while the remaining 30% will be offered to retail investors. The retail portion will be fully underwritten.
Topline Securities Limited has been appointed as the lead manager for the offering.
Read full article: https://profit.pakistantoday.com.pk/2026/03/13/wahdat-poultry
