K-Electric applies to list sukuk on PSX

By MG News | June 17, 2025 at 04:37 PM GMT+05:00

0:00

June 17, 2025 (MLN): Pakistan Stock Exchange Limited (PSX) has revealed that K-Electric Limited (PSX: KEL), a listed company on the Exchange, has applied for the listing of its rated, unsecured, short-term Sukuk Certificates.

The total issue size stands at Rs3 billion, of which Rs1bn has already been issued to Pre-IPO investors, according to the notification issued by PSX.

The remaining Rs2bn inclusive of a Green-Shoe option of Rs1bn is being offered to the general public through a public offer outlined in the draft prospectus.

As per Circular No. 16 of 2023 issued by the Securities & Exchange Commission of Pakistan (SECP) on November 08, 2023, the Draft Prospectus for K-Electric’s Sukuk Certificates is now available for public comments.

It can be accessed on the PSX website under the section titled “Public Comments on Draft Prospectus of Sukuk Certificates of K-Electric.”

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	133,299.11 20.71M	-0.05% -71.03
ALLSHR	83,116.15 71.12M	0.04% 35.00
KSE30	40,616.23 6.22M	-0.22% -89.07
KMI30	191,823.36 7.55M	-0.39% -757.32
KMIALLSHR	55,811.10 31.63M	-0.04% -24.62
BKTi	36,197.58 0.57M	-0.33% -119.59
OGTi	28,442.68 0.82M	-0.35% -100.28

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,150.00	108,880.00 107,680.00	-305.00 -0.28%
BRENT CRUDE	69.31	69.50 69.03	-0.27 -0.39%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.63	67.97 67.40	-0.30 -0.44%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%