KARACHI: SE Fruits and Vegetables Ltd has received approval from the Pakistan Stock Exchange (PSX) for its initial public offering, paving the way for the horticulture exporter to raise between Rs1.2 billion and Rs1.92bn to finance working capital and expand its processing and export capabilities.
The company plans to offer 30m ordinary shares, representing 32.01pc of its post-IPO paid-up capital, at a floor price of Rs40 per share. The strike price can rise by up to 60pc through book building to a maximum of Rs64 per share.
Under the offering structure, 22.5m shares will be offered through book building and 7.5m shares will be reserved for the general public. The Sargodha-based company has been exporting kinno, mango and potato since 1998 to the Middle East, Far East, South Asia and Central Asia.
Published in Dawn, September 8th, 2026
