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KARACHI: The Citi Pharma book-building process closed on Wednesday with the company managing to raise Rs2.32bn, twice the amount on offer, the adviser and book runner for the issue Topline Securities said.
The strike price clocked in at Rs32 per share, which was 14.3pc higher than the floor price of Rs28. The general public would be offered 18.1m shares — 25pc of the total offer size on June 23-24 at the strike price of Rs32.
Published in Dawn, June 17th, 2021
