Book-Building Begins for SE Fruits and Vegetable IPO

Notably, the two-day book building process for the Initial Public Offering of SE Fruits and Vegetable Limited began Monday, giving investors an opportunity to participate in the public offering of the export oriented, Shariah compliant firm.

Key points

• SE Fruits and Vegetable generated regarding $4 million in export revenue during FY2026 and aims to growth this to around $18 million in FY2027.
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• The firm is offering 30 million ordinary shares, representing 32.01 percent of its post IPO paid up capital, at a floor rate of Rs.
• Topline Securities Limited and Expansion Securities Limited are acting as joint lead managers for the problem.
• Of the total offering, 22.5 million shares, or 75 percent, are being offered to institutional and high net worth investors through book building.

Meanwhile, the firm is offering 30 million ordinary shares, representing 32.01 percent of its post IPO paid up capital, at a floor rate of Rs. 40 per share. The strike cost can rise by up to 60 percent, reaching a maximum of Rs. 64 per share.

At the floor cost, the IPO is anticipated to raise Rs. While the firm could raise up to Rs, 1.20 billion. 1.92 billion if the strike cost reaches the upper limit. How the New Electricity Market Will Work?

Of the total offering, 22.5 million shares, or 75 percent, are being offered to institutional and high net worth investors through book building. The remaining 7.5 million shares, representing 25 percent of the matter, will be offered to the general public on September 28 and 29.

For context, the firm aims to employ the IPO proceeds mainly to strengthen its working capital, allowing it to rise seasonal procurement, expand processing capacity and meet growing international demand.

Based in Sargodha and formerly known as Shaheen Enterprises, the firm has almost three decades of operating experience. It exports kinnow, mangoes, potatoes and other agricultural produce to more than 22 countries. Stay Connected with ProPakistani.

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Taken together, the developments around book-Building Begins for SE Fruits and Vegetable IPO point to a situation that is still moving, and the coming days should bring more clarity.