SECP approves IPO of Wahdat Poultry Farm, making it eighth listing of FY26

The Securities and Exchange Commission of Pakistan (SECP) has approved the prospectus for the Initial Public Offering (IPO) of Wahdat Poultry Farm Limited, making it the eighth IPO of the current fiscal year.

The offering comprises 50 million new ordinary shares alongside an offer for sale of 3,102,350 existing shares, together representing 15.84% of the company's post-IPO paid-up capital.

The IPO will be conducted through the book-building method, with 70% of shares allocated to institutional investors and high-net-worth individuals, and the remaining 30% available to retail investors. Under book-building, the final issue price is determined by investor bids rather than set in advance by the company.

Wahdat Poultry Farm is a vertically integrated poultry business engaged in the production, grading, packaging, and nationwide distribution of eggs under its "Farm Fresh Eggs" brand, with a presence in both domestic and export markets.

The approval marks continued activity in Pakistan's primary market despite broader economic pressures and regional uncertainty. New listings give companies access to long-term financing while improving corporate transparency and governance, and expanding investment options for the public.

The SECP said it remains committed to supporting new listings and maintaining a transparent regulatory environment for capital market development.