SE Fruits and Vegetable Limited opens IPO subscription for general public

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MG News | September 28, 2026 at 02:04 PM GMT+05:00

September 28, 2026 (MLN): Public subscription for the initial public offering (IPO) of SE Fruits and Vegetable Limited opened today and will continue through Tuesday, September 29, 2026.

Shares are available to the general public at Rs 40 per share. The minimum application is for 500 shares, requiring Rs 20,000. Investors may apply for additional shares in multiples of 500.

The IPO comprises 30 million ordinary shares, representing 32.01% of the company’s post-IPO paid-up capital. Of these, 22.5 million shares were allocated to the book-building portion and 7.5 million shares to the general public. At Rs 40 per share, the total issue size is Rs 1.2 billion. The book-building portion was oversubscribed 1.6 times.

Applications must be submitted electronically; physical submission at bank branches is no longer permitted under the revised regulations. Investors can use the available electronic IPO platforms or participating banks’ digital channels, subject to their bank’s facilities.

SE Fruits and Vegetable Limited is an export-oriented, Shariah-compliant company engaged in the export of kinnow, mangoes and potatoes.

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