pabc – BOL News Staging

PABC IPO oversubscribed 3.3 times: Rs4.6 billion raised

October 18, 2021June 23, 2021 by Web Desk

KARACHI: The Initial Public Offering (IPO) of the Pakistan Aluminium Beverage Cans Limited (PABC) has concluded with an oversubscription of 3.3 times, the company said in a statement on Wednesday. The IPO received an overwhelming response from the institutional investors and high networth individuals, as the strike price clocked in at Rs49/share, 40 per cent … Read more

PABC plans to raise Rs3.3 billion through IPO

October 18, 2021June 18, 2021 by Web Desk

KARACHI: The Pakistan Aluminium Beverage Cans Limited (PABC) plans to raise around Rs3.3 billion by offering a 26 per cent stake to institutional and ordinary investors in an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), a statement issued on Friday said. The book-building will take place on June 22 and 23; followed … Read more

Menu

Latest

Entertainment

Lifestyle