Barkat Frisian Agro Ltd (BFAL): Barkat Frisian Agro Limited – IPO Insights & Business Model - By IIS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Barkat Frisian Agro Limited (BFAL) is Pakistan&rsquo;s first and only producer of pasteurized eggs, operating as a joint venture between Pakistan&rsquo;s Buksh Group and the Netherlands based Frisian Egg Group. Incorporated in 2017 and beginning commercial operations in 2019, BFAL specializes in pasteurized whole eggs, yolks, and egg whites in frozen and liquid forms. The company plans to expand its product line to include powdered, organic, free range, and pasteurized shell eggs.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">BFAL is offering 67.7 million shares (21.85% of post-IPO equity) at a floor price of PKR 13 per share, with a total transaction value of PKR 880.5 million. The raised capital...