Wahdat Poultry sets IPO book building at Rs12–18/share

14-Apr-2026


MettisGlobal


April 14, 2026 (MLN): Securities and Exchange Commission of Pakistan (SECP) and Pakistan Stock Exchange (PSX) have approved the issuance, circulation and publication of the prospectus and offer for sale document for the public offering of 53,102,350 ordinary shares of Wahdat Poultry Farm Limited through the book building mechanism.

Under the structure of the offering, 70% of the issue size, equivalent to 37,171,645 shares, will be offered through book building at a floor price of Rs12 per share, with a price band extending up to Rs18 per share, according to PSX .

Eligible participants, as defined under the Public Offering Regulations, will be able to participate in the book building process after completing one-time registration with PSX and submitting expressions of interest through the designated clearing and settlement system.

Institutional investors will place bids within the declared price range, with allocation determined through price discovery based on demand.

The book building window has been scheduled from April 20, 2026 to April 21, 2026, during which participants can submit and revise bids subject to deposit of required margin money.

The registration process for eligible participants will remain open from April 15, 2026 to April 21, 2026.

Final settlement, including collection from successful bidders and refund of margin money to unsuccessful participants, will be completed on April 22, 2026.

The offering is expected to enhance participation in the capital market by enabling institutional price discovery while providing investors access to the poultry sector through a regulated public issue structure overseen by SECP and PSX.

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