Ghani Dairies public subscription oversubscribed 1.6x

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MG News | February 12, 2026 at 02:56 PM GMT+05:00

February 12, 2026 (MLN): Ghani Dairies Limited’s public subscription has been oversubscribed, with investors applying for a total of 43.45 million shares against an issue size of 26.05 million shares.

The subscription period ran from February 9 to February 10, 2026.

Applications were received across various categories, including 500, 1,000, 1,500, 2,000 shares, and above 2,000 units.

Notably, applications for more than 2,000 shares alone totaled 33.3 million shares.

The total number of applications received stood at 11,797, amounting to approximately Rs. 1.434 billion. Applications for up to 2,000 shares will receive full allocation, while larger applications will be allotted on a pro-rata basis.

Application Category of Shares

No. of Applications

No. of Shares

Amount (Rs.)

500

3,860

1,930,000

63,690,000

1,000

3,162

3,162,000

104,346,000

1,500

1,131

1,696,500

55,984,500

2,000

1,684

3,368,000

111,144,000

Above 2,000 Units

1,960

33,295,500

1,098,751,500

Overall Total

11,797

43,452,000

1,433,916,000

 

The aforementioned information was disseminated through a notification to Exchange by JS Global Capital Limited.

 Earlier,  the company’s book-building process determined the IPO strike price at Rs33 per share, up from the floor price of Rs24, attracting participation from 771 investors, of whom 223 received allocations. Mutual funds were allocated the largest portion of 28.47 million shares, followed by high-net-worth individuals with 26.40 million shares.

 

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