SE Fruits’ IPO hits Rs40 per share strike price
KARACHI: The book-building portion of SE Fruits and Vegetable Ltd’s initial public offering (IPO) concluded on Tuesday at a strike price of Rs40 per share, with demand reaching 1.6 times the number of shares offered. The book-building portion was fully subscribed within two hours of opening on Monday, reflecting strong interest from institutional and high-net-worth investors in the…
Karachi, September 23rd, 2026 - The IPO of SE Fruits and Vegetable Ltd concluded on Tuesday with a strike price of Rs40 per share, attracting a demand of 1.6 times the shares being offered. The book-building phase, which was fully subscribed within two hours of its opening on Monday, showcased substantial interest from institutional and high-net-worth investors in the export-focused, Shariah-compliant firm.
SE Fruits and Vegetable Ltd plans to issue 30 million ordinary shares, accounting for 32.01% of its post-IPO paid-up capital. Through the book-building process, 22.5 million shares, or 75% of the total issue, were made available, raising Rs900mn at the Rs40 strike price. The remaining 7.5 million shares, representing 25% of the issue, will be made available to the general public at the same price on September 28 and 29, expected to raise Rs300m.
Joint Lead Managers for the IPO are Topline Securities Ltd and Growth Securities Ltd. The IPO funds will primarily bolster the company's working capital.
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