Tue, 21-Oct-2025

PSX holds gong ceremony to mark listing of Citi Pharma Limited

PSX holds gong ceremony to mark listing of Citi Pharma Limited

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another positive development, as the gong ceremony for the Initial Public Offering (IPO) of Citi Pharma Limited (CPL) was held on Monday, making it the first company to be listed at the bourse in 2022, a statement issued by the stock exchange said. The Citi Pharma was listed … Read more

Citi Pharma raises Rs2.32 billion in over-subscribed IPO

Citi Pharma

KARACHI: Citi Pharma has raised Rs2.32 billion in an over-subscribed book-building process of the company’s Initial Public Offering (IPO), according to the Topline Securities, adviser and book runner of the issue. “The IPO received an overwhelming response from institutional investors and high networth individuals, as the strike price clocked in at Rs32/share, 14.3 per cent … Read more

Citi Pharma plans to raise up to Rs2.8 billion in IPO

Citi Pharma

KARACHI: Pakistan-based Citi Pharma Limited plans to raise up to Rs2.8 billion by offering a 35 per cent stake to institutional and ordinary investors in an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), a statement said on Friday. The book-building phase of the IPO will be held on June 15 and 16 … Read more