Ghani Dairies Limited, a corporate dairy farm based in Punjab, has filed for an initial public offering on the Pakistan Stock Exchange (PSX), aiming to raise as much as Rs. 2.5 billion to fund its expansion and strengthen its position in the country’s dairy sector.
According to a notice from the PSX, the company Ghani Dairies will offer 104.2 million ordinary shares with a face value of Rs. 1 each, representing 24.28% of its post-IPO paid-up capital.
The IPO will be conducted via the book-building method at a floor price of Rs. 24 per share, with a price band of up to 40%. JS Global Capital Limited is acting as the lead manager for the issue.
According to a notice from the PSX, the company will offer 104.2 million ordinary shares with a face value of Rs. 1 each, representing 24.28% of its post-IPO paid-up capital.
The IPO will be conducted via the book-building method at a floor price of Rs. 24 per share, with a price band of up to 40%. JS Global Capital Limited is acting as the lead manager for the issue.
