The Securities and Exchange Commission of Pakistan (SECP) has said that Pakistan’s capital market remains stable despite challenging global economic conditions.
The regulator highlighted ongoing investor participation and a steady pipeline of new listings in the stock exchange.
According to the SECP, the local capital market has shown resilience even amid global uncertainty.
The regulator said that continued participation from local investors has helped maintain overall market confidence.
New IPO activity in Pakistan
SECP noted that the number of initial public offerings (IPOs) on the stock exchange has reached 12 in the current fiscal year.
A series of new listings is also ongoing, reflecting improved market activity and investor interest.
Approval of new industrial listing
SECP has approved the IPO of a private company involved in the manufacturing of truck and bus radial tires.
More than 389.7 million shares of the company are being offered for sale through the public offering.
Book building method for IPO
The IPO will be conducted under the book building method, ensuring price discovery through investor demand.
Under the structure, 75% of shares are reserved for institutional and high-net-worth investors, while 25% are allocated for retail investors.The SECP acknowledged that the KSE-100 Index dropped 14.54% during the recent US-Iran conflict period.
Despite this volatility, the regulator said market confidence remained supported by strong local participation.
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