Veterinary Drugmaker Selmore Pharmaceuticals Announces IPO on PSX Main Board
1 report, 1 independent
Updated Mon 00:00
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What happened
Selmore Pharmaceuticals Ltd., a veterinary drugmaker, has published a draft prospectus seeking a listing on the Pakistan Stock Exchange’s Main Board. The proposed initial public offering involves 48.61 million ordinary shares, with public comments invited until October 5, 2026.
From propakistani.pk
Why it matters
The IPO aims to raise between Rs. 2.04 billion and Rs. 3.06 billion, depending on the final pricing. The company plans to use the proceeds to establish a new veterinary pharmaceutical formulation plant and its first Active Pharmaceutical Ingredients (API) manufacturing facility.
From propakistani.pk
Who's involved
- LahoreVeterinary drug manufacturing company seeking public capital.
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The entities involved
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Lahore
capital of the Punjab province, Pakistan