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IPO

Pakistan’s IPO market sees strong revival in 2024 with Rs8bn raised on PSX so far

The IPO market in Pakistan has seen a remarkable revival in 2024, as the Pakistan Stock Exchange (PSX) witnessed...

Updated 26 Oct, 2024 08:31pm

Business & Finance

India’s HDB Financial to raise up to $1.5bn in IPO

NEW DELHI/MUMBAI: India’s top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise...

Published 20 Oct, 2024 05:51am

Business & Finance

BF Biosciences plans to raise up to Rs1.93bn through IPO

KARACHI: BF Biosciences Limited plans to raise Rs1.38 billion to Rs1.93 billion through issuing 28.3 percent new...

Published 12 Sep, 2024 03:48am

Business & Finance

SECP drafts recommendations for improvement in public offering regime

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has drafted major recommendations for...

Published 07 Sep, 2024 06:59am

Business & Finance

99 Speed Mart launches $532M IPO

KUALA LUMPUR: Malaysia’s top mini-market chain retailer 99 Speed Mart Retail Holdings on Thursday launched an...

Published 16 Aug, 2024 06:56am

Markets

Pakistan’s pharma company BF Biosciences looks to raise at least Rs1.38bn through IPO

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) is planning an initial public offering (IPO) at the...

Updated 07 Aug, 2024 09:09pm

Technology

IPO very much on the cards, says Jazz CEO Aamir Ibrahim

KARACHI: Jazz CEO Aamir Ibrahim has said going public is “very much on the cards” with further clarity emerging in...

Updated 02 Aug, 2024 04:53pm

Business & Finance

Healthcare firm Concentra reveals quarterly revenue growth in IPO filing

BENGALURU: Select Medical’s unit Concentra Group disclosed a rise in quarterly revenue in its paperwork for a US...

Published 17 Jun, 2024 05:30am

Business & Finance

Hyundai files for India IPO that could be country’s biggest

NEW DELHI: Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai...

Updated 15 Jun, 2024 02:41pm

Business & Finance

Listing of FCL: PSX holds gong ceremony

KARACHI: Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the listing of Fast Cables Limited (FCL)....

Published 12 Jun, 2024 06:51am

Business & Finance

FTO says overseas Pakistanis entitled to import vehicles under IPO

ISLAMABAD: The overseas Pakistanis are entitled to import vehicles under personnel baggage scheme, transfer of...

Published 20 May, 2024 05:44am

Markets

Fast Cables IPO: funds to be used for capacity expansion, says MD

The book-building process of Fast Cables Limited’s initial public offering (IPO) will take place on May 15 and 16 as...

Updated 14 May, 2024 09:21pm

Business & Finance

IPO oversubscribed: IPAK raises Rs1.77bn in book-building process

KARACHI: The book-building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) ...

Published 10 May, 2024 04:17am

Business & Finance

International Packaging Films Ltd IPO’s book- building starts today

KARACHI: International Packaging Films Limited IPO’s book building phase will be held on May 08 and 09, 2024 where...

Published 08 May, 2024 06:43am

Life & Style

Spain’s fashion and beauty group Puig poised for IPO

MADRID: The iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels make their market debut Friday as Spanish...

Published 03 May, 2024 11:43pm

Business & Finance

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

Business & Finance

70.1m shares to be floated: IPAK intends to raise Rs1.47bn through IPO

KARACHI: International Packaging Films Limited intends to raise Rs 1.47 billion by issuing 70.1 million shares to ...

Published 27 Apr, 2024 05:03am

Business & Finance

IPO to celebrate World IP Day tomorrow

ISLAMABAD: The annual World Intellectual Property Day, observed on April 26, is set to focus on the theme “IP and...

Published 25 Apr, 2024 03:05am

Business & Finance

Another Dubai IPO: Spinneys’ public float ‘could help bring other IPOs to fruition’

Spinneys, an operator of 75 grocery retail supermarkets in the UAE and Oman, announced plans to proceed with an...

Updated 17 Apr, 2024 02:36pm

World

Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad

SHANGHAI/HONG KONG: Chinese companies are staring at the prospects of a drought of new equity capital as tougher...

Published 29 Mar, 2024 04:45am

New imported cars/vehicles: MoC takes step to help avert detention by Customs at ports

ISLAMABAD: The Commerce Ministry has issued notification by amending Import Policy Order (IPO), 2022, to declare...

Updated 29 Mar, 2024 09:54am

Business & Finance

Secure Logistics IPO’s book-building phase to begin today

KARACHI: Secure Logistics Group Limited IPO’s book building phase will be held on 27th and 28th March 2024, where...

Published 27 Mar, 2024 04:38am

Markets

Secure Logistics Group eyes raising at least Rs600mn through IPO

Pakistan’s Secure Logistics Group Ltd (SLG) is planning an initial public offering (IPO) at the Pakistan Stock...

Published 23 Mar, 2024 11:40pm

Business & Finance

With Dubai Taxi Company and Parkin, IPOs in emirate are booming: what’s next?

The past few months have seen the Dubai government sell stakes in two of its entities - Dubai Taxi Company (DTC) and...

Updated 20 Mar, 2024 05:54pm

Business & Finance

BankIslami announces completion of IPO, listing of BankIslami Ehad Sukuk II

KARACHI: BankIslami has announced the successful completion of the Initial Public Offering (IPO) and the listing of...

Published 16 Mar, 2024 06:26am

Markets

Dubai to sell 25% stake in public parking business via IPO

Parkin, which expects to make its bourse debut next month, booked revenue of 779 million dirham ($212.1 million) in 2023

Published 27 Feb, 2024 03:37pm

New imported vehicles: IPO amended

ISLAMABAD: The government has amended Import Policy Order (IPO), 2022, to declare that new imported new cars/...

Updated 26 Feb, 2024 09:47am

Markets

PSX’s market cap can hit $330bn if minority shareholders are ‘protected’: AKD

KARACHI: In Pakistan, Ponzi schemes, scams, and illegal loan apps get more attention than companies at the stock...

Updated 25 Jan, 2024 10:53am

Business & Finance

Corporate sector: ‘IPOs streamline process to increase capital’

KARACHI: The IPO Summit 2024 was held in order to outline the steps that could help stabilize the country’s economy....

Published 23 Jan, 2024 05:14am

Opinion

IPO Summit 2024

The following is the full text of the speech of MD and CEO, Pakistan Stock Exchange Farrukh H. Khan that he made at...

Published 22 Jan, 2024 05:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 30	252.10
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Diesel/Litre / Dec 30	255.38

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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