SE Fruits IPO: The CTIs Said All Was Well. So What Went Wrong?

SE Fruits and Vegetable Limited’s (SEFL) PKR 1.2 billion initial public offering has been reversed, and Mettis Global has learned why. The sales figures the company presented to investors appear to have raised questions when compared with other records, including its tax and customs filings. Concerns over how the company’s records were maintained also seem to have emerged, and these were not reflected in the prospectus.

SE Fruits IPO Goes Silent: Money Stuck, Calls Unanswered

Fourteen days after the public subscription closed for SE Fruits and Vegetable Limited’s (SEFL) PKR 1.2 billion IPO, investors who want to know what has happened to their money are getting no answers.

SE Fruits IPO: Will Underwriters Have to Pick Up the Retail Gap?

More than a week after the general public finished subscribing to SE Fruits and Vegetable Limited's (SEFL) initial public offering, there is still no public word on how much of the retail portion was taken up, even though the deadline to allot shares passed on Tuesday, October 6.

SOYASUP: Six Days, 11% Gain, Zero Rules Broken

On September 15, 2026, Agro Processors & Atmospheric Gases Limited, the 45-year-old maker of Soya Supreme, a name that has sat in Pakistani kitchens for two generations, formally joined the Pakistan Stock Exchange.

SE Fruits IPO: Can Rs1.2bn Turn Into a 137% Growth Story?

On June 30, 2026, SE Fruits and Vegetable Limited closed its books on PKR303.82 million in profit, but generated just PKR3.74 million in cash from its core operations. The gap was not a small accounting wrinkle; trade receivables had ballooned to nearly PKR1 billion as mango shipments went out near year-end. Management says the cash arrived later, more than 97% had been collected by September 18.

PM directs SMEDA to formulate strategy for financial assistance to SMEs

Prime Minister Muhammad Shehbaz Sharif directed the Small and Medium Enterprises Development Authority (SMEDA) on Wednesday to draw up a comprehensive strategy for extending financial assistance to small and medium-sized enterprises (SMEs) and businesspersons nationwide, with a focus on building their professional capacity and easing their access to global markets.

Beyond the Gun Salutes, Rs3tr

Before most of the country had fully woken up this morning, the guns had already spoken. 31 guns were fired in Islamabad, and 21 in each provincial capital as Pakistan marked Defence Day, commemorating 61 years since the 1965 war.

PSX in August

Cracking the Seal on APAG's IPO

This is a forensic review of Agro Processors & Atmospheric Gases Limited's PSX Main Board IPO, our own findings first, the CEO's written answers in full, and where we land.

Tasdeeq IPO: Real Moat, Rosy Math

Tasdeeq Information Services Limited, Pakistan's first SBP-licensed credit bureau, is about to become the first company of its kind to list on the Pakistan Stock Exchange. For an ordinary investor, that novelty is exactly the problem: there is no other listed credit bureau in Pakistan to compare it against, no long trading history to study, and only one profitable year on the company's books.