The general public will subscribe 12.5 million shares, 25 percent of the total offer size of PQFTL IPO on December 17 and 18th at the strike price of Rs 18.02.
The general public can subscribe the IPO on 17th and 18th December from e-IPO, the process continues for 24 hours. Apply online through: CDC Centralized Subscription Portal https://csp.cdcaccess.com.pk and PSX e IPO service https://eipo.psx.com.pk.
The book-building phase of PQFTL concluded last week with an oversubscription of 3.2 times.
The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs 18.02/share, 29% percent higher than the floor price of Rs 14 and raised Rs 676 million for the company.
This unique positioning allows investors to capitalize on potential growth while benefiting from a favourable entry point.
