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Pakistan Market: 2024: Good year for IPO’s Companies raised Rs8.4bn for 7 IPOs, highest amount in last 3-Years – By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Friday, 13 December 2024
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan market (PSX) saw an increase in offerings in 2024, with the bourse witnessing 7 IPOs (including 2 GEM Board offerings), compared to just 1 IPO in the previous year.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The total amount raised from investors through the 7 offerings in 2024 stood at Rs8.4bn, marking the highest level since 2021, when there were 8 offerings that raised a total of Rs19.9bn.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The market saw immense enthusiasm in these offerings during the year as all of them were oversubscribed.</span></li></ul><p></p>

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