Pakistan Stock Exchange officially marked the listing of Wahdat Poultry Farm Limited on its Main Board with a gong ceremony held at the PSX Trading Hall in Karachi.
The event followed the successful completion of the company’s Initial Public Offering (IPO), through which Wahdat Poultry Farm raised Rs. 956 million from investors.
The IPO saw strong market participation, with the final strike price set at Rs. 18 per share — a 50 percent increase over the floor price of Rs. 12 per share.
Investor demand remained strong throughout the offering. The book-building portion was oversubscribed 5.2 times, while the retail segment was oversubscribed 1.2 times. More than 2,700 retail investors participated alongside institutional and individual investors during the process.
Speaking at the ceremony, PSX Chairman Ruhail Muhammad described the listing as an important milestone for Pakistan’s agriculture and food-processing sector, saying it demonstrated growing access to capital markets for farming-related businesses.
PSX CEO Farrukh H. Sabzwari highlighted the strong performance of Pakistan’s stock market, noting that the KSE-100 Index delivered one of the region’s highest returns over the past year.
He also revealed that the number of unique investor accounts had reached a record high of around 545,000 by the end of April 2026, with retail participation in IPOs increasing significantly over the past two years.
Mohammed Sohail, CEO of Topline Securities Limited, which acted as advisor and lead manager for the IPO, said the strong investor response reflected growing confidence in quality listings within Pakistan’s equity market.
Meanwhile, Wahdat Poultry Farm CEO Aurangzeb Khan called the listing a transformative step for the company, saying it would strengthen financial stability while improving transparency and corporate governance standards.
The Pakistan Stock Exchange reiterated its commitment to encouraging more listings and expanding investor confidence in the country’s capital markets.
