Company Analysis
Sitara Petroleum: The IPO That Glitters, But Does It Hold?
Sitara Petroleum Services Limited (SPSL) is pitching a transformation story that feels almost too good to ignore. Revenue tripled in a year. Net profit surged an eye-catching 1,370%. Shares are being offered at a floor price of PKR 13.50, marketed as a steep discount to a ‘fair value’ of PKR 22.83. On the surface, it reads like a rare bargain in Pakistan’s energy space.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,330.56 209.36M | 0.81% 1376.85 |
| ALLSHR | 102,776.00 765.10M | 0.85% 863.00 |
| KSE30 | 50,737.15 66.77M | 0.77% 386.66 |
| KMI30 | 243,202.84 63.94M | 0.72% 1744.16 |
| KMIALLSHR | 66,614.20 338.53M | 0.70% 461.96 |
| BKTi | 46,313.18 13.24M | 1.10% 505.34 |
| OGTi | 35,066.80 5.64M | 0.45% 158.54 |
| Symbol | Bid/Ask | High/Low | |||
|---|---|---|---|---|---|
| PKR | 278.35 | 278.40 | 278.40 | 278.35 | 15:00:31 |
| EUR | 1.15 | 1.15 | 1.15 | 1.15 | 20:25:13 |
| GBP | 1.34 | 1.34 | 1.34 | 1.34 | 20:25:13 |
| CHF | 0.80 | 0.80 | 0.80 | 0.80 | 20:25:13 |
| JPY | 160.37 | 160.39 | 160.39 | 160.36 | 20:25:13 |
| CAD | 1.39 | 1.39 | 1.40 | 1.39 | 20:25:13 |
| AUD | 0.70 | 0.70 | 0.70 | 0.70 | 20:25:13 |
| INR | 95.36 | 95.36 | 95.73 | 95.21 | 20:25:01 |
| SAR | 3.75 | 3.76 | 3.75 | 3.76 | 05:23:33 |
| AED | 3.67 | 3.67 | 3.67 | 3.67 | 05:25:13 |
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 61,910.00 | 62,095.00 61,630.00 | -260.00 -0.42% |
| BRENT CRUDE | 92.60 | 92.66 92.15 | 1.15 1.26% |
| RICHARDS BAY COAL MONTHLY | 123.75 | 124.00 123.75 | -1.25 -1.00% |
| ROTTERDAM COAL MONTHLY | 133.20 | 133.40 133.00 | -3.55 -2.60% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.35 | 89.91 88.65 | 1.15 1.30% |
| SUGAR #11 WORLD | 14.14 | 14.23 13.97 | 0.02 0.14% |
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