ZAREA Limited files for IPO on PSX’s main board

By MG News | Category Equity | October 29, 2024 at 03:07 PM GMT+05:00

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October 29, 2024 (MLN): ZAREA Limited, one of Pakistan’s largest digital marketplaces for physical commodities, has applied for listing on the Main Board of PSX, as reported by the local bourse.

The total issue size of the Initial Public Offering comprises 62,500,000 Ordinary Shares having a par value of Rs01 each using the Book Building Method at a Floor Price of Rs16 per share.

To note, Topline Securities Limited and Growth Securities Limited are the Joint Lead Managers to the Issue.

The PSX has also placed the Draft Prospectus of the company on its website under the section 'Public Comments on Draft Prospectus of ZAREA Limited.'

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