Agro Processors & Atmospheric Gases IPO bidding to begin Aug 27

August 19, 2026 (MLN): Agro Processors & Atmospheric Gases Limited will proceed with the Book Building of its Initial Public Offering (IPO) of 58,049,541 ordinary shares, after the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) approved the issuance, circulation and publication of the Company's prospectus.

Accordingly, 75% of the issue size, i.e. 43,537,156 shares, will be offered through the Book Building method at a floor price of Rs32 per share, with a maximum price band of up to 40%, taking the ceiling to Rs44.80 per share.

Eligible Participants, as defined under the Public Offering Regulations, 2017, may take part in the Book Building process through one-time registration with PSX, with no fresh registration required for those already registered.

 First-time Clearing Members of the National Clearing Company of Pakistan Limited (NCCPL) will need to share their name, contact person, email address and mobile number with PSX via email.

Participants will also be required to submit an expression of interest to NCCPL, along with margin submissions as per the Designated Time Schedule (DTS).

PSX and NCCPL have jointly issued a procedure for the Book Building mechanism, approved by the SECP, along with a User Manual for the PSX Book Building System, both available on the exchange's website.

The registration and Book Building schedule is as follows:

*As per PO Regulations, registration of Eligible Participants will remain open till 3:00 PM on the last day of bidding, i.e. August 28, 2026.

The NCCPL's Designated Time Schedule (DTS) for the Book Building process is as follows:

The information was disseminated through a notification to the Exchange.

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