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IPO

IPO-bound Indian e-scooter maker Ather’s valuation set to fall 44pc

NEW DELHI: Indian e-scooter maker Ather Energy plans to list at a valuation of up to $1.4 billion, about 44% below...

Published 24 Apr, 2025 04:11am

Business & Finance

TK Elevator owners weigh US for potential multi-billion euro IPO

FRANKFURT: TK Elevator’s owners are weighing the United States as a location for a potential initial public offering...

Published 19 Apr, 2025 05:45am

Business & Finance

Symmetry Group plans IPO for AI subsidiary, eyes to raise Rs2bn

Symmetry Group, a digital technology company based in Pakistan, plans to launch an Initial Public Offering (IPO) for...

Updated 12 Mar, 2025 11:26pm

Markets

In first year after IPO, Dubai’s Parkin makes ‘remarkable progress’

Posts Q4 2024 net profit of AED 120 million

Published 01 Mar, 2025 12:20pm

World

Saudi healthcare group SMC Hospitals hires banks for IPO, sources say

DUBAI: Saudi Arabian healthcare group SMC Hospitals has hired banks for a potential initial public offering (IPO) on...

Published 20 Feb, 2025 04:36pm

Markets

Barkat Frisian IPO oversubscribed, hits maximum price on opening day

Barkat Frisian Agro Limited – a joint venture of Frisian Egg Group of Netherlands and Pakistan’s Buksh Group – hit...

Updated 17 Feb, 2025 11:04pm

Business & Finance

Barkat Frisian Agro book-building starts today

KARACHI: Barkat Frisian Agro IPO’s book building phase will start on 17th February (today) and continue till 18th...

Published 17 Feb, 2025 03:09am

Markets

Zarea Limited raises over Rs1 billion in 2025’s first IPO at PSX

Zarea Limited, one of Pakistan’s largest commodities B2B platforms, raised Rs1.03 billion by selling 62.5 million...

Updated 11 Feb, 2025 11:13pm

Book-building on 17-18th: Barkat Frisian’s IPO set to raise Rs1.23bn

KARACHI: Barkat Frisian Agro Limited, a joint venture of Frisian Egg Group of Netherlands and Pakistan’s Buksh...

Updated 09 Feb, 2025 10:02am

Business & Finance

Zarea Ltd set to go public with IPO on 10th

KARACHI: Zarea Limited, Pakistan’s leading B2B digital commodity trading platform, is set to go public with an...

Published 08 Feb, 2025 06:30am

Business & Finance

Pakistan’s Citi Pharma to venture into real estate sector

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has decided to venture into the real estate sector...

Updated 07 Feb, 2025 05:18pm

Markets

Pak-Dutch JV IPO expected to fetch Rs1.2bn

KARACHI: Barkat Frisian Agro Limited, a Pakistan-Dutch joint venture, is all set to list on Pakistan Stock Exchange...

Published 06 Feb, 2025 03:16am

Business & Finance

Umm Al Qura to launch IPO on Saudi Exchange to fund $26.7bn Makkah project

RIYADH: Umm Al Qura for Development and Construction said on Sunday it will proceed with an initial public offering...

Published 03 Feb, 2025 06:41am

Business & Finance

Zarea set to raise Rs1bn via landmark IPO

KARACHI: Zarea Limited, a leading B2B Digital Marketplace for commodities in Pakistan, is set to make history with...

Published 01 Feb, 2025 06:30am

Markets

Pakistan’s B2B platform Zarea plans IPO

Zarea Limited, one of Pakistan’s largest commodities B2B platforms, is planning an initial public offering (IPO) at...

Updated 31 Jan, 2025 08:30pm

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	281.08
USD PKR Interbank Buying / Apr 29	280.83
USD to Japanese Yen / Apr 29	142.40
USD to Swiss Franc / Apr 29	0.82
Pound Sterling to USD / Apr 29	1.34
Euro to USD / Apr 29	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Dow Jones / Apr 28	40,227.59
India Sensex / Apr 29	80,307.05
Hang Seng / Apr 29	21,960.83
FTSE 100 / Apr 29	8,417.19
Germany DAX 30 / Apr 29	22,386.66
France CAC40 / Apr 29	7,578.21

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Crude Oil USD/Barrel / Apr 29	61.34
Gold Spot USD/Ounce / Apr 29	3,315.07
Cotton US¢/pound / Apr 29	67.50
Petrol/Litre / Apr 30	254.63
Diesel/Litre / Apr 30	258.64

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Apr 29 Tri-Star Mutual Fund Limited(TSMF)	9.40 ▲ 0.9 (10.59%)
Apna Microfin. / Apr 29 Apna Microfinance Bank Limited(AMBL)	10.29 ▲ 0.97 (10.41%)
EMCO Industries / Apr 29 Emco Industries Limited(EMCO)	42.20 ▲ 3.84 (10.01%)
Askari Bank / Apr 29 Askari Bank Limited(AKBL)	37.26 ▲ 3.39 (10.01%)
Punjab Oil / Apr 29 Punjab Oil Mills Limited(POML)	162.43 ▲ 14.77 (10%)
Sunrays Textile / Apr 29 Sunrays Textile Mills Limited(SUTM)	189.22 ▲ 17.2 (10%)
Jubilee Spinning / Apr 29 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	11.55 ▲ 1.05 (10%)
PIA Holding Co.B / Apr 29 PIA Holding Company Limited B(PIAHCLB)	3,969.39 ▲ 360.85 (10%)
Shakarganj / Apr 29 Shakarganj Limited(SML)	47.94 ▲ 4.36 (10%)
Faran Sugar / Apr 29 Faran Sugar Mills Limited(FRSM)	47.08 ▲ 4.28 (10%)

Stock	Price
First Capital Equities / Apr 29 First Capital Equities Limited(FCEL)	4.25 ▼ -0.67 (-13.62%)
Dewan Textile / Apr 29 Dewan Textile Mills Limited(DWTM)	5.71 ▼ -0.8 (-12.29%)
Dewan Mushtaq / Apr 29 Dewan Mushtaq Textile Mills Limited(DMTM)	7.02 ▼ -0.98 (-12.25%)
Gulistan Sp. / Apr 29 Gulistan Spinning Mills Limited(GUSM)	6.88 ▼ -0.91 (-11.68%)
Lalpir Power / Apr 29 Lalpir Power Limited(LPL)	23.04 ▼ -2.54 (-9.93%)
First Elite Cap.Mod / Apr 29 First Elite Capital Modaraba(FECM)	11.53 ▼ -1.24 (-9.71%)
Liven Pharma / Apr 29 Liven Pharma Limited(LIVEN)	63 ▼ -6.64 (-9.53%)
First IBL Mod. / Apr 29 First IBL Modaraba(FIBLM)	2.76 ▼ -0.29 (-9.51%)
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	70.98 ▼ -7.09 (-9.08%)
J.K.Spinning / Apr 29 J.K. Spinning Mills Limited(JKSM)	56.31 ▼ -5.59 (-9.03%)

Stock	Volume
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	29,469,482 ▲ 0
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	14,819,788 ▲ 0.27
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	14,772,321 ▼ -7.09
Maple Leaf Cement / Apr 29 Maple Leaf Cement Factory Limited(MLCF)	13,415,249 ▲ 2.45
Kohinoor Spining / Apr 29 Kohinoor Spinning Mills Limited(KOSM)	12,527,631 ▲ 0
Sui North Gas / Apr 29 Sui Northern Gas Pipelines Limited(SNGP)	12,310,485 ▲ 7.54
Sui South Gas / Apr 29 Sui Southern Gas Company Limited(SSGC)	12,184,577 ▲ 1.61
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	12,084,167 ▲ 0.03
Big Bird Foods / Apr 29 Big Bird Foods Limited(BBFL)	11,230,070 ▲ 4.15
B.O.Punjab / Apr 29 The Bank of Punjab(BOP)	11,053,553 ▲ 0.18

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