Barkat Frisian Agro Ltd. (BFAL): Barkat Frisian Agro IPO – Subscribe - By Foundation Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Barkat Frisian Agro Ltd. (BFAL), Pakistan's sole producer of pasteurized eggs is up for public listing. BFAL intends to issue 67.7Mn shares (21.85% of the post IPO shares) at a floor price of PKR 13.0/sh entailing into a total transaction size of PKR 880.5Mn.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company background: Barkat Frisian Agro Limited (BFAL), incorporated in 2017, started its commercial operations in 2019. The company is primarily involved in the manufacturing of pasteurized egg products in different forms including whole egg, egg yolk and egg whites, with plans to include powdered eggs, organic eggs, free-range eggs, and pasteurized shell eggs to their product portfolio. The com...