Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
Breaking
Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: business, Cryptographic, frenzy, IPO, Latest, rush, sparks, Street, Wall

August 15, 2025

News Desk

Cryptographic frenzy sparks rush to Wall Street IPO

Bangalore: After years of meeting on the sidelines, US encryption companies are invested to reach the public, reinforced by friendly policies under President Donald Trump’s second administration, which have pushed the value of global cryptocurrencies into a record of $ 4.2 trillion. Bullish, a encryption operator that measures billionaire Peter Thiel among its supporters, was the last to use US public markets on Wednesday, raising more than $ 1.1 billion. Analysts show an increase in the adoption of conditions and deep corporate supporters as forces reshape the landscape of the industry and enhance the demand for new cryptographic reserves. Circle

June 7, 2025

News Desk

Circle’s Blockbuster IPO opens the way for more listings

Listen to the article NEW YORK: Stablecoin Circle’s initial public offer of Essuer Circle could promote other major encryption players to follow their example, as the industry benefits from the arms of US President Donald Trump, according to experts and analysts. The cycle priced its shares at $ 31 on Wednesday. In a sign of investor demand, they opened on the New York Stock Exchange on Thursday at $ 69 per piece and closed at $ 83.23. This orbit is likely to encourage other encryption companies that see the debut of the stock market. Circle is the first major encryption

August 8, 2024

News Desk

BF Biosciences to launch IPO to raise Rs 1.37 billion

KARACHI: BF Biosciences Limited (BFBL) has applied for listing on the main board of the Pakistan Stock Exchange (PSX), seeking to raise at least Rs 1.37 billion by selling 25 million shares to institutional, high net worth and individual investors, pending regulatory approval. The pharmaceutical company plans to use the funds to purchase new facilities and machinery, expand its product range, introduce new drugs, improve working capital and boost exports. The shares are being offered at a minimum price of Rs 55 per share, with an option to increase by up to 40% to Rs 77 per share during a

June 4, 2024

News Desk

IPAK debuts at PSX

KARACHI: International Packaging Films Limited (IPAK) was officially listed on the Pakistan Stock Exchange (PSX) during a simple gong ceremony held on Monday. This marked the start of public trading of the company’s shares on the stock exchange, providing shareholders with a platform to exchange shares. IPAK had previously raised equity funding worth Rs 1.76 billion by selling 70.10 million shares at Rs 25.20 per share last month. The book-building phase of the initial public offering (IPO) generated significant interest from investors, resulting in the issue being oversubscribed by 1.73 in value. The strike price of Rs 25.20 per share

May 2, 2024

News Desk

The REIT fund is seeking investment of Rs 403 crore through IPO

KARACHI: TPL Real Estate Investment Trust (REIT) Fund-I is scheduled to offer at least 1.25% (22.94 million) units at Rs 17.59 per unit to the general public aiming to raise Rs 403 million in the current week in the stock of Pakistan Exchange (PSX). Fund runners can choose to sell an additional 1.22% (22.39 million) shares through the unlocking of a green-shoe option, taking the total fund-raising to a maximum of Rs 797 million through the two-day initial public offering (IPO). In brief comments on the offer for sale, Topline Research said TPL REIT Management Company Limited (TPL RMC), a

April 30, 2024

News Desk

TPL chief confident of record IPO of Pakistan’s first Islamic REIT

Ali Jameel is the Managing Director of TPL Corp Limited. — Image: Tplcorp.com KARACHI: Ali Jameel, the chief executive officer of technology group TPL Corp Limited, is “confident” that the IPO offering for Pakistan’s first Shariah-compliant hybrid Real Estate Investment Trust (REIT) will be oversubscribed. TPL RMC is scheduled to launch the initial public offering (IPO) of its first Shariah-compliant hybrid REIT — TPL REIT Fund I — on May 2 and 3. TPL REIT is part of the group’s range of businesses spread across various sectors and has proven its real estate expertise through Centrepoint – its flagship project.

April 28, 2024

News Desk

Packaging film company plans Rs 1.47bn IPO

KARACHI: International Packaging Films (IPAK) has planned to raise at least Rs1.47 billion through the placement of its 70.1 million shares at a price starting at Rs21 per share on the Pakistan Stock Exchange (PSX) early next month. PSX’s book-building rules allow a maximum 40% increase in the share price to Rs 29.40 during the offering from the floor (initial) price in the two-day initial public offering (IPO) scheduled for the second week of May 2024 The offer of 70.1 million shares is equivalent to 10.1% of the company’s share capital. In a statement, the company said it will use

March 30, 2024

News Desk

SLG’s Rs 600m IPO marks PSX debut in 2024

KARACHI: Secure Logistics Group (SLG) successfully attracted a price of Rs 12 per share in the two-day Dutch offering, raising Rs 600 million by selling 50 million shares on the Pakistan Stock Exchange (PSX) in this week’s auction. The initial public offering (IPO) by the first logistics company on the PSX was oversubscribed, with buy orders for 50.69 million shares from investors against the 50 million shares on offer. The company stated in its pre-IPO prospectus that the primary objectives of raising equity capital are to deleverage the balance sheet in a challenging high-interest rate environment, advance the company’s technology

January 6, 2024

News Desk

PSX is gearing up for a 2024 IPO

KARACHI: The Pakistan Stock Exchange (PSX) is all set to welcome the first new company to its trading platform in the New Year 2024 after emerging as the world’s best performing stock exchange in the second half (July-December) of 2023. Speaking to The Express Tribune, Shahid Ali Habib, CEO of Arif Habib Limited (AHL), said Secure Logistics Group (SLG) in Pakistan is preparing for an initial public offering (IPO) in the first quarter of 2024. The company aims to sell 63 million shares to institutional investors, high-net-worth individuals and retail investors, aiming to raise a minimum funding of Rs 750

December 27, 2023

News Desk

IPO opts for digitization to facilitate business

Islamabad: Intellectual Property Organization (IPO) and Punjab Information Technology Board (PITB) on Tuesday signed a memorandum of understanding (MoU) for digitization and automation of IPO-Pakistan. The MoU, signed by IPO Director General Shazia Adnan and PITB Director General Saima R Shaikh, is aimed at facilitating the common man as well as businesses operating in the country. Speaking on the occasion, IPO Chairman Ambassador Farukh Amil said that exposure on different platforms and public awareness were their main priorities, which will make IPO accessible to the business class, especially the youth. “We are working to digitize the IPO with the support

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
Powered by: Frontpage.dev
WP Twitter Auto Publish Powered By : XYZScripts.com